Trump announced a potential buyer for TikTok during a Fox News interview, stating that approval from China might be needed. ByteDance faces a September deadline to divest from TikTok or risk a U.S. ban due to concerns about Chinese government access to user data. Although TikTok asserts that it has never shared U.S. data with the Chinese government, apprehensions persist. Trump did not specify the identity of the buyer but mentioned it involves a group of wealthy individuals, with potential interest from notable firms.
"We have a buyer for TikTok, by the way," Trump told Bartiromo. He added, "I think I'll probably need China approval, and I think President Xi will probably do it."
ByteDance, the Chinese company that owns TikTok, now faces a September deadline to divest from the platform or risk having it banned from U.S. networks and app stores.
The U.S. government fears the Chinese government could force ByteDance to hand over data that would compromise U.S. users. TikTok has said it has not shared U.S. data with the Chinese government.
Trump wouldn't say exactly who might buy TikTok, only telling Bartiromo, "It's a group of very wealthy people."
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