2 days Ago By Reuters
Trump set the April 5 deadline in January for TikTok to find a non-Chinese buyer or face a US ban on national security grounds that was set to have taken effect that month under a 2024 law. “We have a lot of potential buyers,” Trump told reporters on Air Force One late on Sunday. “There’s tremendous interest in TikTok,” adding, “I’d like to see TikTok remain alive.
” TikTok did not immediately comment. Reuters reported on Friday that private equity firm Blackstone was evaluating making a small minority investment in TikTok’s US operations, according to two people familiar with the matter. 01:03 TikTok is back online as Donald Trump vows executive order to temporarily block ban Blackstone is discussing joining ByteDance’s existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital to bid for TikTok’s US business.
The group has emerged as front-runners..
