According to Donald Trump, four interested parties are negotiating the sale of TikTok
There will inevitably be a TikTok sale. For weeks, the social network's standing in the US has been precarious. Although TikTok's initial ban was absurdly lengthy, the fact that the platform has remained operational only indicates that its sale plans are still on track. Donald Trump has now stated that he is in talks with four interested parties to sell TikTok.
As of right now, there have been a lot of rumors about TikTok's sale, including a possible Microsoft acquisition and even claims that content creator MrBeast is considering purchasing the social media platform. But the fact is that TikTok has to buy its US subsidiary immediately because time is running out.
Donald Trump was questioned by Reuters regarding the sale date of TikTok and, more significantly, the company that would buy the platform.
The most startling of Donald Trump's answers was his statement that the outcome of talks with four different groups would be known shortly. There is obviously no time limit for getting this situation resolved.
The TikTok sale deadline is drawing near. Donald Trump's inauguration has allowed TikTok to buy time, but the sale is set to close on April 5. In the upcoming weeks, an announcement will undoubtedly need to be made.
The social media network, which has been viewed as a threat to US security during the previous two presidential terms, and Donald Trump's actions will need to be closely watched. We simply need to wait and see which business will purchase the Chinese social network TikTok.