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BumRushDaShow

(172,351 posts)
Sun Jun 29, 2025, 05:15 PM Jun 2025

Trump teases a buyer for TikTok: A group of 'very wealthy people'

Source: Business Insider

Jun 29, 2025, 12:34 PM ET


President Donald Trump says the United States has found a buyer for TikTok. In an interview with Fox News that aired on Sunday, the president said the buyer was a group of "very wealthy people" that he would reveal in "about two weeks" — his favorite timeline.

Trump added that he would "probably" need China's approval for a sale to go ahead, but appeared confident that Chinese leader Xi Jinping would back it.

Trump has stepped in three times so far to extend a deadline for TikTok's Chinese owner, ByteDance, to find a new buyer or effectively cease operating in the United States. An executive order on June 19 extended the deadline to September 17.

In a statement at the time, White House press secretary Karoline Leavitt said the administration wanted to ensure US users would continue to be able to access the app.

Read more: https://www.businessinsider.com/trump-tiktok-buyer-2025-6

7 replies = new reply since forum marked as read
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Trump teases a buyer for TikTok: A group of 'very wealthy people' (Original Post) BumRushDaShow Jun 2025 OP
"very wealthy people" - I guess my bid is a NO underpants Jun 2025 #1
That doesn't sound good PatSeg Jun 2025 #2
I think I read somewhere BumRushDaShow Jun 2025 #4
Thanks, I hadn't heard that PatSeg Jun 2025 #6
Too weak, two weeks. twodogsbarking Jun 2025 #3
"Orbanization" of TikTok? not fooled Jun 2025 #5
"fecesbook" - "fecesbook" - gotta-love-it (n/t) wyn borkins Jun 2025 #7

PatSeg

(53,567 posts)
2. That doesn't sound good
Sun Jun 29, 2025, 05:19 PM
Jun 2025

Qatar or Saudi Arabia perhaps? If it is coming from Trump, it is not bound to be good.

BumRushDaShow

(172,351 posts)
4. I think I read somewhere
Sun Jun 29, 2025, 05:38 PM
Jun 2025

that Oracle's Larry Ellison was interested (and I think Bezos as well). Oracle has recently provided backend services for TikTok.

not fooled

(6,764 posts)
5. "Orbanization" of TikTok?
Sun Jun 29, 2025, 05:53 PM
Jun 2025

Whoever buys it will provide favorable coverage of red don and his cabal?

That's my guess--sell off influential social media to allies of the fascists. Already happened with Xhitter and by compliance with fecesbook.


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