US President Donald Trump revealed that multiple parties are interested in acquiring TikTok's US operations, needing action before a ban can take effect. Among the bidders are YouTuber Mr. Beast and LA Dodgers owner Frank McCourt, alongside speculation about Elon Musk and Microsoft. Due to an executive order postponing a prior Supreme Court ruling, TikTok's fate remains uncertain as ByteDance faces pressure to divest its US assets or risk a ban, with a deadline approaching on April 4.
ByteDance, the company behind the popular social network, is expected to separate its US operations and sell them to an American company, or else face a ban.
Trump confirmed that 'all four are good' groups interested in purchasing TikTok, highlighting ongoing negotiations and the complexity of the situation.
The United States Supreme Court initially imposed a ban on TikTok, which took effect on January 19, leading to a temporary outage for many American users.
Representatives have stated multiple times that a sale of TikTok's US operations is not an option, or at least, one that cannot be implemented on short notice.
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