U.S. President Donald Trump will consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer or face a U.S. ban, a White House official told Reuters.
TikTok could be banned in the US in the next few days. Or it could stay. Perhaps it will have new owners. Maybe not. Here's how to untangle it all.
The White House really wants to get a deal to sell Chinese short-video app TikTok to a US company and remove all possibilities of the Mainland using it as a way to spy on Americans. Except, apparently, one Big Tech firm that Team Trump isn’t so keen on: Online retail giant Amazon, On The Money has learned
Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set by the U.S. President Donald Trump to find a non-Chinese buyer for the short video app used by 170 million Americans.
The White House has examined a menu of options to avert a TikTok ban deadline set for Saturday. One proposal — letting TikTok’s Chinese owner lease the algorithm to a TikTok spinoff in the U.S. — would probably face resistance from China hawks in Trump’s party.
Amazon, Oracle and the founder of OnlyFans are among names that have cropped up as the president seeks to broker a deal.
President Donald Trump is expected to decide the fate of Chinese video-sharing app TikTok’s operations in the U.S. during a White House meeting
Advisers to President Donald Trump are expected Wednesday to present the president with options for a deal to invest in TikTok that involves a number of well-heeled venture capital, private equity funds and tech companies,
Trump gave China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. A source confirmed to NBC News that the e-commerce giant had made a last-minute pitch.