In Brief
Posted:
4:42 PM PST · January 21, 2025
Image Credits:Alberto E. Rodriguez / Getty Images
Jesse Tinsley, CEO of workforce management company Employer.com, is conducting what could become the year’s wildest acquisition spree.
First, Employer.com announced its plan last month to acquire Bench, the Canadian accounting startup that abruptly shut down over the holidays.
Now Tinsley and Employer.com have joined hands with YouTuber MrBeast and others to save TikTok by submitting an all-cash bid for the app, according to a report in Bloomberg.
They haven’t disclosed the bid’s amount. The group’s legal counsel includes Brad Bondi, the brother of Trump’s attorney general pick, Pam Bondi.
TikTok briefly went dark on Saturday but reinstated itself shortly before President Trump signed an executive order on Monday delaying any potential ban for 75 days.
It’s not clear if TikTok’s owner ByteDance has seriously considered the offer, Bloomberg reported. Others floated as potential buyers include Elon Musk, Amazon, Oracle, and a syndicate headed by billionaire Frank McCourt.
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