A gaggle of “very rich individuals” is about to purchase short-form video app TikTok, in line with President Donald Trump.
“We now have a purchaser for TikTok, by the best way,” Trump stated in a Fox Information interview on Sunday morning. “I feel I’ll want most likely China’s approval. I feel President Xi [Jinping] will most likely do it.”
Trump declined to share extra particulars concerning the consumers, saying solely that he would reveal their identities in two weeks (apparently his favourite unit of time).
Trump has repeatedly delayed a invoice forcing proprietor ByteDance to promote the app or see it banned in the USA. In January, he stated his “preliminary thought” was to create “a three way partnership between the present homeowners and/or new homeowners whereby the U.S. will get a 50% possession.”
He’s additionally stated he was open to allies Larry Ellison or Elon Musk shopping for the app, though Musk looks like a much less probably candidate now.
