In a surprise twist in the world of social media, U.S. President Donald Trump stirred the tech scene during a Fox News interview on Sunday. He announced that a group of "very wealthy people" is ready to step in as potential buyers for TikTok—the short-video app famous for its viral dances and trends.
Trump revealed that the identities of this mysterious buyer group will be disclosed in about two weeks. However, the deal hinges on securing approval from China. As he put it, "I think I'll need probably China's approval," and expressed confidence that China would likely give the nod. 🤝
This announcement comes amid mounting pressure from a 2024 U.S. law mandating that the China-based ByteDance divest TikTok's U.S. assets or face a shutdown. Earlier this month, the deadline was extended to September 17 after previous postponements. A spring deal to spin off TikTok's U.S. operations was also put on hold after China signaled reservations following tariff-related tensions.
With TikTok credited for boosting Trump's support among young voters during the last election, this high-stakes move continues to captivate both tech enthusiasts and political watchers alike. Stay tuned for more updates as this intriguing saga unfolds! 🔥
Reference(s):
cgtn.com
