Trump says he’s discovered a purchaser for TikTok

A gaggle of “very rich folks” is ready to purchase short-form video app TikTok, in response to President Donald Trump.

“Now we have a purchaser for TikTok, by the way in which,” Trump mentioned in a Fox Information interview on Sunday morning. “I feel I’ll want in all probability China’s approval. I feel President Xi [Jinping] will in all probability do it.”

Trump declined to share extra particulars concerning the patrons, saying solely that he would reveal their identities in two weeks (apparently his favourite unit of time). 

Trump has repeatedly delayed a invoice forcing proprietor ByteDance to promote the app or see it banned in the US. In January, he mentioned his “preliminary thought” was to create “a three way partnership between the present house owners and/or new house owners whereby the U.S. will get a 50% possession.”

He’s additionally mentioned he was open to allies Larry Ellison or Elon Musk shopping for the app, though Musk looks like a much less seemingly candidate now.