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New TikTok Global Could Go Public In U.S. Under Current Plan; Has Approached Instagram Co-Founder Kevin Systrom For CEO Post – Reports
Jill Goldsmith Co-Business EditorA new TikTok Global would file for an initial public offering in the U.S. in about a year under a plan still awaiting approval by President Trump that would see Oracle and Walmart as major investors in the video sharing app, according to reports Thursday.TikTok is said to have approached Instagram cofounder Kevin Systrom about becoming CEO following the departure of Kevin Mayer, according to news reports.
