Trump says 'very wealthy' group to buy TikTok / Photo: Kirill KUDRYAVTSEV - AFP
-
Kane says England found a way to win
-
Ancelotti fails in mission to end Brazil's World Cup woe
-
England, Norway advance at World Cup, FIFA ruling triggers uproar
-
Bellingham powers 10-man England past Mexico, into World Cup quarters
-
Asian markets mixed as tech recovery stutters, oil slips
-
Canada's McIntosh breaks 200 fly world record, oldest in women's swimming
-
Russia launches deadly barrage on Kyiv region on eve of NATO summit
-
Norway dance to Haaland's beat in 'surreal' World Cup run
-
'Major' damage as Super Typhoon Bavi hits US island of Rota
-
Daddy issues? NATO's Rutte sticks to charm to keep Trump on side
-
Australia signs defence alliance with Pacific nation Fiji
-
Norway's World Cup win over Brazil beyond my dreams, says Haaland
-
Philippine Senate trial to decide VP Duterte's political future
-
Neymar calls time on Brazil career after World Cup elimination
-
Australia PM apologises for Kylie Minogue comments
-
Ancelotti promises Brazil will bounce back after World Cup exit
-
Penalty save inspired Norway, says 'keeper Nyland
-
Mexico-England World Cup match delayed one hour due to storms
-
As Venezuela quake deaths pass 3,000, attention turns to mourning, burials
-
Gotterup wins PGA John Deere after Kohles splashdown
-
FIFA clear US star Balogun to play in World Cup after Trump call
-
Haaland knocks Brazil out of World Cup as Norway reach quarters
-
Gauff downs Bencic to book maiden Wimbledon quarter-final
-
'Catastrophic' Super Typhoon Bavi hits US island of Rota
-
Spain boss backs Yamal to sparkle in Portugal World Cup showdown
-
West Indies trail Sri Lanka by 231 runs
-
Australia's World Cup final win vindicates Molineux's self-belief
-
FIFA clear US star Balogun to play after Trump call
-
Sinner powers into fifth straight Wimbledon quarter-final
-
Venezuela quake survivor 'reborn' after eight days in rubble
-
Euphoric homecoming for Cape Verde after heroic World Cup run ends
-
Red-card U-turn rocks World Cup as England face Azteca test
-
White supremacist march in DC just 'messy' democracy, official says
-
Struff oldest first-time men's Slam quarter-finalist in Open era
-
'Perfectionist' Djokovic not happy to win ugly at Wimbledon
-
Banana!: 'Minions' knocks 'Toy Story' off N.America box office perch
-
'Catastrophic' Super Typhoon Bavi aims at US Pacific island Rota
-
Sabalenka wants to drink, 'forget about tennis' after Wimbledon exit
-
Reflective Ronaldo takes on critics 'trying to kill me for 23 years'
-
Mooney stars as Australia hammer England in women's World Cup final
-
Verstappen claims Red Bull car 'dangerous' after crash
-
Djokovic makes history, Osaka sends Sabalenka crashing out of Wimbledon
-
Trump thanks FIFA for suspending USA's Balogun World Cup ban
-
Osaka beats world number one Sabalenka in Wimbledon last 16
-
Mooney stars as Australia hammer England in women's T20 World Cup final
-
Eala eyeing Wimbledon quarters, Dimitrov faces Fery
-
Russell concedes Ferrari are threat to Mercedes
-
'Privileged' Del Toro wins Tour de France stage, Pogacar up to 2nd
-
Leclerc snaps winless run to reignite title race
-
Del Toro too tired to watch Mexico World Cup clash
Trump says 'very wealthy' group to buy TikTok
President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks.
"We have a buyer for TikTok, by the way," Trump said in an interview on Fox's Sunday Morning Futures with Maria Bartiromo.
"Very wealthy people. It's a group of wealthy people," the president said, without revealing more except to say he would make their identities known "in about two weeks."
The president also said he would likely need "China approval" for the sale, "and I think President Xi (Jinping) will probably do it."
TikTok is owned by China-based internet company ByteDance.
A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's inauguration on January 20. But the Republican, whose 2024 election campaign relied heavily on social media and who has said he is fond of TikTok, put the ban on pause.
In mid-June Trump extended a deadline for the popular video-sharing app by another 90 days to find a non-Chinese buyer or be banned in the United States.
Tech experts quickly described the TikTok kerfuffle as a symbol of the heated US-China tech rivalry.
While Trump had long supported a ban or divestment, he reversed his position and vowed to defend the platform -- which boasts almost two billion global users -- after coming to believe it helped him win young voters' support in the November election.
"I have a little warm spot in my heart for TikTok," Trump told NBC News in early May. "If it needs an extension, I would be willing to give it an extension."
Now after two extensions pushed the deadline to June 19, Trump has extended it for a third time.
He said in May that a group of purchasers was ready to pay ByteDance "a lot of money" for TikTok's US operations.
The previous month he said China would have agreed to a deal on the sale of TikTok if it were not for a dispute over Trump's tariffs on Beijing.
ByteDance has confirmed talks with the US government, saying key matters needed to be resolved and that any deal would be "subject to approval under Chinese law."
U.Shaheen--SF-PST