Wed, December 11, 2024
Tue, December 10, 2024

No, Disney Did Not Buy TikTok for $100B

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Disney announced it would be buying the social media platform TikTok for $1 billion. Rating: Labeled Satire (About this rating?) A rumor that the Walt Disney Company announced it was buying the social media platform TikTok for $1 billion is circulated online in December 2024.
The article from MSN debunks a viral rumor claiming that Disney purchased TikTok for $100 billion. It clarifies that this claim, which circulated on social media, is entirely false. Disney has not acquired TikTok, and there have been no credible reports or official statements from either Disney or TikTok confirming such a deal. The rumor likely stemmed from a satirical article, highlighting the importance of verifying information before believing or spreading it. The article also touches on the broader context of TikTok's ownership, mentioning that while there have been discussions and concerns about TikTok's data privacy and its Chinese parent company ByteDance, no acquisition by Disney has taken place.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/celebrities/no-disney-did-not-buy-tiktok-for-100b/ar-AA1vCVov ]