Donald Trump has made headlines by announcing that a group of "very wealthy people" is prepared to purchase TikTok, the popular video-sharing app previously banned in the US due to concerns over national security. During a Fox News interview, Trump hinted that he would reveal further details within two weeks. However, any sale would require the approval of the Chinese government, and Trump expressed optimism that President Xi Jinping would likely agree to the deal.
Trump Claims Group of Wealthy Buyers Ready to Acquire TikTok
Trump Claims Group of Wealthy Buyers Ready to Acquire TikTok
In a recent interview, Trump reveals potential buyers for TikTok amidst ongoing tensions surrounding the app's national security risks.
This announcement follows Trump's third delay in enforcing a law that would compel TikTok's parent company, ByteDance, to finalize a sale by September 17. In the past, a potential deal for an American buyer fell through, and it remains uncertain whether the current interested party is the same as the previous one.
Concerns over user data security had led US Congress to mandate TikTok's sale last year, citing fears that Chinese authorities might access user information. While Trump had initially criticized the app during his presidency, he has now repositioned it as a potential asset for his 2024 election campaign. The timeline for enforcement has faced backlash for circumventing typical congressional procedures, with TikTok's previous legal challenges against the law being unsuccessful.
Concerns over user data security had led US Congress to mandate TikTok's sale last year, citing fears that Chinese authorities might access user information. While Trump had initially criticized the app during his presidency, he has now repositioned it as a potential asset for his 2024 election campaign. The timeline for enforcement has faced backlash for circumventing typical congressional procedures, with TikTok's previous legal challenges against the law being unsuccessful.
