Former Activision CEO's Ambitious Plan

Bobby Kotick, the ex-CEO of Activision Blizzard Inc., is reportedly still considering the acquisition of TikTok, according to sources who spoke to The Information on Thursday. However, Kotick plans to hold off on advancing the deal until the United States President-elect, Donald Trump, assumes office.

ByteDance Ltd., TikTok's parent company, is working to delay the enforcement of a law that could either force the sale of the app or lead to a ban in the United States by January 19, the day Trump is expected to return to the White House.

Kotick's Interest in TikTok

Kotick emerged as one of the interested buyers of TikTok earlier this year, following his departure from Activision after Microsoft Corporation's acquisition of the company. He was reported to be seeking partners to help facilitate the acquisition of the popular short video app.