U.S. President Donald Trump said on Sunday that his administration is in contact with four different groups regarding the sale of TikTok, the popular Chinese-owned social media platform.
The comments come as TikTok’s future remains uncertain under a law that requires its owner, ByteDance, to either sell the platform on national security grounds or face a ban—a deadline that took effect on January 19.
During a briefing aboard Air Force One, Trump remarked, “We’re dealing with four different groups, and a lot of people want it … all four are good.” When asked about the likelihood of a deal materializing soon, he added, “It could.” The administration’s efforts follow an executive order signed on January 20, which sought to delay the law’s enforcement by 75 days, providing additional time for negotiations.
The evolving situation has attracted several potential buyers, including former Los Angeles Dodgers owner Frank McCourt. Business analysts have speculated that TikTok could be valued at as much as $50 billion, underscoring the high stakes involved. TikTok and ByteDance have not immediately responded to Reuters’ requests for comment.
The discussions are taking place amid broader concerns over national security and the influence of Chinese technology in the United States. As the Trump administration explores various options, the outcome of these talks could have significant implications for the platform’s operation in America and its global market presence.
With negotiations ongoing, industry observers continue to watch closely, aware that any deal could reshape the competitive landscape of social media while setting a precedent for future technology transactions under geopolitical pressures.
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The three major Wall Street indexes surged sharply after the announcement of a 90-day tariff reduction agreement between the U.S. and China. The S&P 500 reached its highest levels since early March, boosting investor optimism.
Russia's Foreign Ministry spokesperson, Maria Zakharova, has accused Western countries of demanding a 30-day ceasefire to give Ukraine’s military a chance to regroup. Zakharova's remarks highlight the growing tension surrounding the ongoing war and the international calls for temporary peace in orde
Ukrainian President Volodymyr Zelenskiy has declared his readiness for direct peace talks with Russia in Turkey, describing Moscow’s lack of response as a “strange silence.” He emphasized the importance of former U.S. President Donald Trump’s support for the initiative.
President Recep Tayyip Erdogan stated that Türkiye is resolutely moving toward the goal of completely eliminating the terror problem from the national agenda, marking a significant milestone on the "Terror-Free Türkiye" path.
On May 12, the Baku Military Court resumed hearings in the case against Armenian citizens accused of war crimes and crimes against humanity during the 1993 occupation of Kalbajar.
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The three major Wall Street indexes surged sharply after the announcement of a 90-day tariff reduction agreement between the U.S. and China. The S&P 500 reached its highest levels since early March, boosting investor optimism.
Russia's Foreign Ministry spokesperson, Maria Zakharova, has accused Western countries of demanding a 30-day ceasefire to give Ukraine’s military a chance to regroup. Zakharova's remarks highlight the growing tension surrounding the ongoing war and the international calls for temporary peace in orde
Ukrainian President Volodymyr Zelenskiy has declared his readiness for direct peace talks with Russia in Turkey, describing Moscow’s lack of response as a “strange silence.” He emphasized the importance of former U.S. President Donald Trump’s support for the initiative.
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The three major Wall Street indexes surged sharply after the announcement of a 90-day tariff reduction agreement between the U.S. and China. The S&P 500 reached its highest levels since early March, boosting investor optimism.
Russia's Foreign Ministry spokesperson, Maria Zakharova, has accused Western countries of demanding a 30-day ceasefire to give Ukraine’s military a chance to regroup. Zakharova's remarks highlight the growing tension surrounding the ongoing war and the international calls for temporary peace in orde
Ukrainian President Volodymyr Zelenskiy has declared his readiness for direct peace talks with Russia in Turkey, describing Moscow’s lack of response as a “strange silence.” He emphasized the importance of former U.S. President Donald Trump’s support for the initiative.
President Recep Tayyip Erdogan stated that Türkiye is resolutely moving toward the goal of completely eliminating the terror problem from the national agenda, marking a significant milestone on the "Terror-Free Türkiye" path.
On May 12, the Baku Military Court resumed hearings in the case against Armenian citizens accused of war crimes and crimes against humanity during the 1993 occupation of Kalbajar.
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