President Donald Trump announced in a Fox News interview that a group of wealthy individuals is set to buy TikTok, contingent on approval from China's President Xi Jinping. He indicated that he would disclose the identities of the buyers in two weeks. Trump has previously delayed legislation aimed at forcing TikTok's owner, ByteDance, to sell the app or face a ban in the U.S. He mentioned the possibility of a joint venture involving U.S. ownership, though the names of specific potential buyers remain undisclosed.
A group of "very wealthy people" is set to buy short-form video app TikTok, according to President Donald Trump.
Trump declined to share more details about the buyers, saying only that he would reveal their identities in two weeks.
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