The venture capital firm is reportedly in talks to invest in TikTok as part of a bid led by Oracle and other American investors looking to buy out TikTok from ByteDance, according to the Financial Times.
TikTok is once again slated to be banned in the U.S. on April 5 unless its Chinese-based owner sells its U.S. branch to a non-Chinese owner. The Oracle deal is said to be one of the frontrunners, according to the FT.
Andreessen Horowitz has a long history of investing in social media: It was an early investor in Facebook and Instagram and invested $400 million to help Elon Musk acquire Twitter. The firm did not immediately respond to a request for comment.
Chinese marketplace DHgate becomes a top US app as trade war intensifies
The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the...
Hertz says customers’ personal data and driver’s licenses stolen in data breach
Car rental giant Hertz has begun notifying its customers of a data breach that included their personal information and driver’s...
OpenAI plans to phase out GPT-4.5, its largest-ever AI model, from its API
OpenAI said on Monday that it would soon wind down the availability of GPT-4.5, its largest-ever AI model, via its...
Google’s newest AI model is designed to help study dolphin ‘speech’
Google’s AI research lab, Google DeepMind, says that it has created an AI model that can help decipher dolphin vocalizations,...
