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TikTok is on the up in a high-stakes game of poker, Wedbush's Dan Ives says. TikTok is in a massive position of strength amid a high-stakes game of poker, Wedbush’s Dan Ives says Skip to main ...
Wedbush Securities analysts estimate the odds of a TikTok ban at about 90%. About a quarter of TikTok users would turn to Instagram for short-form video content after a TikTok ban.
Should TikTok be made available for sale, a number of financial and technology companies would likely be interested despite what's certain to be an "eye-popping" price tag, WedBush Securities ...
Dan Ives, managing director at Wedbush Securities, said TikTok has gone from having its "back against the wall to a massive position of strength" .
Wedbush said TikTok will have to go through with an IPO or sell itself to a mega-cap tech company to avoid a ban. "A matter of when, not if TikTok gets banned in US," Wedbush analyst Dan Ives said.
Wedbush's Mr Ives also doesn't believe the TikTok ban will go ahead. "We believe a 95 per cent chance a [TikTok] deal does happen in some form over the next 75 days," he says. No such thing as a ...
TikTok CEO Kevin Mayer resigned as the head of the short-form video app on Wednesday, and a Wedbush analyst said it's a major setback for the beleaguered short-form video app as a standalone entity.
TikTok's US operations are once again in question ahead of a deadline for the platform to be sold off by its China-based parent company or face a ban in the United States.