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
underpants
(197,209 posts)Damn!
PatSeg
(53,567 posts)Qatar or Saudi Arabia perhaps? If it is coming from Trump, it is not bound to be good.
BumRushDaShow
(172,351 posts)that Oracle's Larry Ellison was interested (and I think Bezos as well). Oracle has recently provided backend services for TikTok.
PatSeg
(53,567 posts)twodogsbarking
(19,364 posts)not fooled
(6,764 posts)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.
wyn borkins
(1,375 posts)
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