In a recent statement aboard Air Force One, President Donald Trump revealed that his administration is “very close” to finalizing a deal to sell TikTok, the wildly popular social media app that faces a potential ban in the U.S. if it’s not sold by this weekend.
Trump shared that the deal involves “multiple” investors but kept details under wraps, hinting that the group involved in the acquisition is “very good.” The clock is ticking for TikTok’s Chinese parent company, ByteDance, to find a U.S. buyer or risk the looming ban, which has created a storm of uncertainty for the app’s millions of American users.
With tensions surrounding data security and geopolitical concerns, this deal could be a crucial moment for the app’s future in the U.S. Stay tuned as negotiations approach their final stretch – will TikTok be saved, or is this the beginning of its U.S. exit?
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