President Donald Trump revealed that his administration is currently in negotiations with four different groups regarding the potential sale of TikTok. In a press conference, he suggested that a deal could be forthcoming and described the interested parties as credible. The future of TikTok has been in limbo since a January executive order extended the ban deadline. Notable potential buyers include billionaire Frank McCourt, along with tech firms such as Microsoft and Oracle, reflecting significant interest in the app's acquisition.
President Trump stated during a recent press conference, "We're dealing with four different groups, and a lot of people want it ... all four are good."
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