Particle.news
Download on the App Store
8 ARTICLES
·
last mo.

Trump Confirms Four Potential Buyers for TikTok's U.S. Operations

The president suggests a deal for the Chinese-owned app could be finalized soon, with discussions ongoing about ownership transfer to address national security concerns.

US President Donald Trump speaks to journalists aboard Aire Force One as he travels from West Palm Beach back to Washington on March 9, 2025.
US President Donald Trump arrives on the South Lawn of the White House in Washington, D.C., U.S., March 9, 2025.
Donald Trump speaks to reporters on his return to Washington, D.C., March 9, 2025. REUTERS/Kevin Lamarque
Image

Overview

  • President Donald Trump revealed his administration is in talks with four groups about acquiring TikTok's U.S. operations, describing all options as viable.
  • The discussions follow a law requiring ByteDance, TikTok's Chinese parent company, to sell its U.S. business or face a ban due to national security concerns.
  • Trump suggested the U.S. government should receive a 50% stake in the company as part of a potential joint venture, though specifics remain unclear.
  • The original January 19 deadline for the sale was extended by 75 days through an executive order, and Trump indicated he may further delay the current April 5 deadline.
  • Analysts estimate TikTok's U.S. operations could be worth up to $50 billion, with interest from multiple parties, including former Los Angeles Dodgers owner Frank McCourt.