Trump Administration in Talks with Four Groups for Potential TikTok Sale

Trump confirms talks with four groups on TikTok's sale, including Microsoft and Oracle.
Matilda
Trump Administration in Talks with Four Groups for Potential TikTok Sale
President Donald Trump says his administration is in talks with four different groups about the sale of TikTok, Reuters reports. Image:Chip Somodevilla / Getty Images When asked if there was going to soon be a deal on TikTok, Trump told reporters on Sunday, “it could.” He added, “We’re dealing with four different groups, and a lot of people want it … all four are good. The ByteDance-owned app’s fate has been uncertain ever since Trump signed an executive order to extend the deadline for the TikTok ban by 75 days back in January. There are several potential buyers, including a bid led by billionaire Frank McCourt, who has support from Reddit co-founder Alexis Ohanian and Kevin O’Leary. Other parties interested in buying TikTok include a group of investors led by tech entrepreneur Jesse Tinsley. Additional potential buyers include Microsoft, Oracle, Perplexity AI, and former Activision CEO Bobby Kotick.