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

gizmodo.com Luc Olinga 2025-08-23 16:33:39

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

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Trump says he’s found a buyer for TikTok

techcrunch.com Anthony Ha 2025-08-23 16:53:48

In Brief A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump. “We have a buyer for TikTok, by the way,” Trump said in a Fox News interview on Sunday morning. “I think I’ll need probably China’s approval. I think President Xi [Jinping] will probably do it.” Trump declined to share more details about the buyers, saying only that he would reveal their identities in two weeks (apparently his favorite unit of time). Trump has repeatedly

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