Reported about 13 hours ago
The investor group identified by President Trump for purchasing TikTok's U.S. operations includes Oracle Corp., Blackstone Inc., and Andreessen Horowitz, the same consortium that previously encountered setbacks due to U.S.-China trade tensions. Trump stated that the sale is dependent on approval from the Chinese government, particularly President Xi Jinping. Discussions are reportedly ongoing to finalize the deal, aiming to maintain TikTok's operations in the U.S. amidst previous tariffs imposed on China. The deadline for a sale has been extended as negotiations continue.
Source: YAHOO