US in talks with four groups over TikTok sale, says Donald Trump
US President Donald Trump said on Sunday that his administration is discussing the sale of TikTok with four different groups and considers all options viable. The Chinese-owned social media platform has been under scrutiny in the US over data security concerns, prompting efforts to transfer its ownership to an American company.
It’s less than a month until the next deadline for TikTok to be sold or banned in the US, after President Trump gave a 75-day extension.
Under his proposed plan, the platform would offer payment tiers for users to buy into the platform as “founding members.” ...
According to unnamed insider sources cited by The Information (via Reuters), the plan was reportedly discussed by Instagram ...
In January, US President Donald Trump granted TikTok a 75-day extension to comply with a law signed by then-President Joe ...
Meta introduced Lasso as a rival to TikTok, but the app struggled to attract users and was discontinued after two years.
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