
Billionaire entrepreneur Mark Cuban shared his thoughts recently on the possibility of TikTok’s U.S. operations falling under the control of Oracle (NYSE:ORCL) Executive Chairman Larry Ellison, Fox (NASDAQ:FOX, FOXA)) CEO Lachlan Murdoch and Dell Technologies (NYSE:DELL) CEO Michael Dell warning that the platform’s success could unravel if mishandled.
“It’s scary because there was no open auction. There was only a discussion about someone buying TikTok and seeing what happens,” Cuban said on the “The Prof G Markets” podcast.