US President Donald Trump mentioned on Sunday (Mar 9) that his administration was in contact with 4 completely different teams concerning the sale of Chinese language-owned social media platform TikTok, and that every one choices had been good.
TikTok’s destiny has been up within the air since a regulation requiring its proprietor ByteDance to both promote it on nationwide safety grounds or face a ban took impact on Jan 19. Trump, after taking workplace on Jan 20, signed an govt order in search of to delay by 75 days the enforcement of the regulation.
Requested if there was going to quickly be a deal on TikTok, Trump advised reporters aboard the Air Drive One, “it might”.
“We’re coping with 4 completely different teams, and lots of people need it … all 4 are good,” he added.
TikTok and ByteDance didn’t instantly reply to Reuters’ requests for remark outdoors of regular enterprise hours.
The turmoil at TikTok has attracted a number of potential patrons, together with former Los Angeles Dodgers proprietor Frank McCourt, who’ve expressed curiosity within the fast-growing enterprise analysts estimate may very well be value as a lot as US$50 billion.
