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The offer has recently emerged as the frontrunner ahead of a deadline on April 5, FT said, citing multiple people familiar with the matter.
From USA TODAY
TikTok was temporarily banned in the country because former President Joe Biden signed legislation in April 2024 that required Chinese owner ByteDance to sell the app by Jan. 19, 2025, citing nationa...
From USA Today
President Donald Trump has signaled that he is confident his administration can broker an agreement with ByteDance, the social media app’s China-based parent company.
From Penn Live
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As the April 5 deadline quickly approaches to find a non-Chinese buyer for TikTok, several suitors have emerged as front-runners to take control of the controversial social media platform. According to The Financial Times,
Critics have pushed back on the deal on both free speech and free market grounds. Polling puts TikTok’s American user base at approximately one-third of all adults and two-thirds of all teens; TikTok itself has claimed that about half the U.S. population uses the app.
President Trump will consider a final proposal for TikTok on Wednesday, sources familiar with the planning tell CBS News.
President Donald Trump on Wednesday will consider a final proposal for TikTok, as the April 5 deadline approaches, Fox News has learned. A meeting in the Oval Office will involve Vice President JD Vance, commerce secretary Howard Lutnick, national security advisor Mike Waltz, and director of national intelligence Tulsi Gabbard.
Many questions remain about the state of a potential deal, but loyal TikTok users have reason to be optimistic. Several interested parties have raised their hands to potentially buy the app, and Trump has expressed a desire to help facilitate a deal and preserve access to the platform.
TikTok parent company ByteDance Ltd. is once again racing toward a deadline to sell off its popular video app or face a ban in the US. Several interested buyers have publicly emerged, and the most discussed deal scenarios involve a key role for a longtime partner of the video platform: Oracle Corp.