BUSINESS
United States President Donald Trump has revealed in an interview that his government has identified a potential buyer for the social media app TikTok. In the interview with Maria Bartiromo of Fox News on Sunday, Trump said details will be out in "about two weeks." Read on to know more.
United States President Donald Trump has revealed in an interview that his government has identified a potential buyer for the social media app TikTok. In the interview with Maria Bartiromo of Fox News on Sunday, Trump said he would not disclose the names yet but details will be out in "about two weeks." He described the party as "a group of very wealthy people," adding that he would require the Chinese government's approval to close the deal. "We have a buyer for TikTok… I’ll need probably China approval and I think President Xi (Jinping) will probably do it."
Trump's efforts to save TikTok
A US legislation from 2024 required TikTok to stop operations by January 19 this year unless its Chinese parent company ByteDance had completed divesting the app's US assets or shown significant progress towards a sale. Trump, whose reelection campaign relied heavily on social media, says he likes the popular video-sharing app. "I have a small warm place in my heart for TikTok," the US president had said in an interview in May. "If it requires an extension, I'd be happy to extend it," added Trump, who has already extended the sale deadline thrice since coming back to power earlier this year. The current official deadline is September 17.
App users welcome news
The Trump administration has been working hard to find a buyer for TikTok, which boasts more than 170 million monthly active users in the US. The app's users have welcomed Trump's efforts to save the app from being banned in America. After the US president's latest statement on TikTok's sale, many voiced their excitement across social media platforms. "TikTok will survive. There will be a buyer. It’s happening," one user wrote on X.
Ram Kapoor breaks silence on 'not getting work' due to his weight: 'My name is not Khan...'
Delhi Metro: DMRC issues fresh advisory for passengers, warns against doing THIS in trains
Axiom-4 crew conducts advance research, global outreach in cancer, food sources...,will help in...
Scientists claim to find the oldest rocks on earth, discovered from...
Watch: Boeing plane hit by strong winds while landing, escapes crash
Delhi to enforce fuel ban on these vehicles from July 1; check details
Losing hair in your 20s? These 5 mistakes might be the reason
Who is T Raja Singh? Controversial Telangana BJP MLA quits party amid state leadership tussle
Canada announces new PR route, immigration norms: Here's how it will affect Indians
Indian Railways notifies fare hike: Ticket prices for AC, non-AC raised by...; check details
Delhi government launches Internship Programme for youth, know ALL about it
Neeraj Chopra wants to learn bowling skills from THIS Indian cricketer, his name is...
BIG move by Anil Ambani as Reliance Infra inks Rs 20000 crore pact with...; to explore...
BIG move by MS Dhoni as he files for trademark of nickname 'Captain Cool'
Kolkata student rape case: South Calcutta Law College suspends all classes; PIL seeks...
Did Shefali Jariwala die because of anti-aging drugs? What are these medicines and how do they work?
Good news for Gautam Adani as this company becomes first Indian firm to cross...
Viral video: Woman faints after winning Princess Diana’s iconic ‘Caring Dress’ at auction, WATCH
New UPI Rules: limits on balance check..., GPay, PhonePe, Paytm users to see major changes from...
Meet Royal princess who flew economy, went viral after video of her…, is not from India but…
'You will eat more when...': Indian mom feeds American vlogger with love, heartfelt video goes viral
Muharram 2025 Holiday in India: Will schools, banks, and markets be closed on July 7? Know here
NIOS Class 10th Result 2025 DECLARED at nios.ac.in: Check steps to download, direct link here
Anil Ambani plans BIG move as Reliance firm participates in global bids for...; plans to set up...
Good news for Lalit Modi as Supreme Court allows him to seek remedy in connection with IPL 2009 case
CUET 2025 UG Result Expected Today: Check steps to download scorecard, direct link here
Amid Sardaar Ji 3 controversy, THIS actor supports Diljit Dosanjh, says 'his mind is not poisoned'
What is special about International Space Station and how much of its life is left?
3rd Stage of Little Pepe's (LILPEPE) Presale Sells Out in a Flash
Shefali Jariwala's demise: Doctor gives major update in 'Kaanta Laga' girl sudden death, suspects...
India responds to defence attache's comments on Operation Sindoor, says, 'his remarks have been...'
This country uses heavy-lift drone to save man trapped in flooded city, WATCH viral video
Paresh Rawal confirms return as Baburao in Hera Pheri 3, details inside
'Too dependent on Jasprit Bumrah': Ex-India captain's brutal reality check for Shubman Gill and Co
Maharashtra government cancels 3-langauge policy resolutions amid 'Hindi imposition' charge