Applovin in negotiations for potential TikTok bid, sources say

Core Viewpoint - AppLovin is in negotiations to potentially acquire TikTok, with the Trump administration aware of this interest [1][2] Group 1: Company Developments - AppLovin shares experienced a brief increase of approximately 5% following the news of its interest in TikTok, although most gains were later lost [2] - AppLovin has not provided an immediate comment regarding the acquisition discussions [2] Group 2: Industry Context - TikTok faces a potential ban in the U.S. by April 5 due to a national security law requiring its Chinese parent company, ByteDance, to divest its American operations [3] - The original deadline for ByteDance to sell TikTok was January 19, but an executive order from Trump extended this deadline by 75 days [3]