A gaggle of “very rich folks” is about to purchase short-form video app TikTok, in accordance with 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 most likely China’s approval. I feel President Xi [Jinping] will most likely 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 america. 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 as if a much less seemingly candidate now.
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