TikTok to Be Sold for $14B (bloomberg.com)

That seems like a steal, given that other major social media companies are pushing the trillion-dollar range.

is this the most transparent form of grift ever seen? TikTok valuation must be upwards of $60B+

This is only for TikTok US, which represents about 4% of their user base, but around 36% of their revenue. 45% of adults in the US are active users of TikTok, so it is still a bargain.

Funny, TikTok is banned in China:

https://en.wikipedia.org/wiki/Censorship_of_TikTok