ByteDance may have to sell TikTok in the US if a proposed bill passes the Senate. Some high-profile investors, including former Treasury Secretary Steven Mnuchin, online video platform Rumble, and former Activision Blizzard CEO Bobby Kotick, have expressed interest in acquiring the app. This article presents a list of known potential buyers along with a primer on companies that have previously tried to purchase TikTok.

Canva, an Australian design company, has acquired U.K.-based creative tools company Affinity for an estimated $380 million. Canva aims to expand its user base to include professional designers. The acquisition aligns Canva with Affinity's culture and offers advanced capabilities to compete with Adobe, adding 3 million users and 90 employees to Canva's portfolio.

Canva's acquisition of the Affinity creative software suite fills crucial gaps in its design suite with Affinity's Designer, Photo, and Publisher applications and marks a strategic move to challenge Adobe's dominance in the digital design industry.

Alphabet's rumored interest in acquiring HubSpot would be a game-changer in the CRM and marketing landscape.

With an estimated price range of $30B to $40B, Google's potential HubSpot acquisition will be the largest Alphabet investment yet. The move is a strategic response to shifting dynamics in data privacy and the deprecation of third-party cookies. If the transaction goes through, Google will be able to tap into HubSpot's customer base, including SMBs, while HubSpot would benefit from being integrated into Google's ecosystem.

The AI VFX company with Hollywood ties has been acquired by software maker Autodesk for an undisclosed amount.

Building leading AI models is extremely costly - raising $400 million isn't even enough to compete these days. Big Tech has the cash, but it isn't allowed to buy companies like it once did due to antitrust enforcement. It has turned to aquihiring - hiring most of a company's employees and acquiring everything in a company but its name. While the current antitrust enforcement regime will likely try to block these types of acquisitions, it may not have a strong legal argument for doing so.

Duolingo has acquired the Detroit-based animation and motion design studio Hobbes and its 12 designers and animators to form its first dedicated motion design team. The acquisition, which aims to enhance the app's animation and make learning fun and engaging, follows Duolingo's 2022 purchase of another Detroit-based studio, Gunner. The new team, which will remain in Detroit, will strengthen Duolingo's motion design capabilities and improve user experience, fueling better learning outcomes.

Google may be acquiring cybersecurity firm Wiz for $23 billion. Wiz, founded in 2020, had been eyeing an IPO as recently as May, when it achieved a valuation of $12 billion. Its security offering gives companies insight into their full cloud presence. If completed, the deal will be Google's largest acquisition yet.

Cloud cybersecurity company Wiz was founded four years ago by four former Israeli military officers. It grew quickly to become the dominant company in cloud cybersecurity and is headed toward the largest exit for any tech startup since Rivian's $77 billion initial public offering in November 2021. Google is looking to acquire the company for a $23 billion sale price. The deal will likely draw scrutiny from antitrust regulators in the US and EU.

GitLab currently has a market value of about $8 billion, more than the $7.5 billion Microsoft paid for GitHub in 2018.