Source: Financial Times [UK]
“President Donald Trump says he has found a ‘group of very wealthy people’ to buy the US operations of TikTok as part of efforts to separate ownership of the social media platform from China. ‘We have a buyer for TikTok. I think I’ll need probably China approval and I think President Xi will probably do it,’ Trump told Fox News in an interview on Sunday. The US government has repeatedly delayed its deadline for TikTok owner ByteDance to divest its American operations of the video-sharing app or face a nationwide ban in the US. The latest deadline is September 17, having been pushed back three times since the initial date in January. Trump, who has credited TikTok for connecting him with younger voters in the 2024 election, said he would give more details on the buyers next month.” (06/29/25)