According to U.S. President Donald Trump, four different groups are seeking to take over Tiktok.
Trump said his administration is connecting with different groups about selling social media platforms and describes all options as good.
Since the family, Tiktok The law requires its owner to sell its owner January 19, a ban on national security reasons or in the face of national security.
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After taking office on January 20, Trump signed an executive order requiring a 75-day delay before the law is enforced.
When asked if a deal would be reached for Tiktok soon, Trump told reporters on Air Force One: “Yes.”
“We’re dealing with four different groups and a lot of people want it… all four are good,” he said on Sunday.
Tiktok and Bytedance did not immediately respond to Reuters' request for comment outside of normal working hours.
Tiktok's turmoil has attracted several potential buyers, including former Los Angeles Dodgers boss Frank McCourt, who expressed interest in a fast-growing business that analysts estimate could be worth as much as $50 billion.
Other potential buyers reportedly include Amazon, Oracle and Microsoft, as well as YouTube stars Mrbeast(real name Jimmy Donaldson) is the highest creator on the internet.
Reddit co-founder Alexis Ohanian, an investor who married tennis star Serena Williams, is said to have joined the bid for Project Liberty, McCourt's Internet advocacy group. The consortium said it was “people bid for Tiktok”.
- Jim Pollard's Extra Input and Editing by Reuters
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