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Trump’s prospective TikTok buyer reportedly includes Oracle, Blackstone, a16z

In Brief After pushing the TikTok sale date back yet again, President Donald Trump said in an interview on Sunday that he had found a potential buyer for the ByteDance-owned platform. Though the president said he will not reveal the identities of the buyers for another couple of weeks, Bloomberg is reporting that the buyer is a group of investors from Oracle, Blackstone, and VC firm Andreessen Horowitz (a16z). According to the report, these investors had made a bid, but it lost momentum amid t

Trump claims a 'very wealthy' group will buy TikTok without revealing who

The U.S. president said in an interview that he would reveal the buyer in two weeks. The unending saga between President Donald Trump and TikTok may finally get some closure. In an interview with Fox News' Maria Bartiromo, the US president announced that there's a buyer secured for TikTok. "We have a buyer for TikTok by the way," Trump said in the interview. "I think I'll need probably China approval and I think President Xi [Jinping] will probably do it." When asked to identify the buyer, Tru

Trump Says “Very Wealthy People” Are Ready to Buy TikTok

Just weeks after extending the deadline for its sale for a third time, President Donald Trump announced Sunday that he has found a buyer for TikTok’s U.S. operations. The popular social media app has been under intense pressure due to a law passed in 2024 that requires its Chinese parent company, ByteDance, to sell the platform or face a nationwide ban. The legislation stems from bipartisan concern in Washington that the Chinese government could access the data of American users or use the app