Trump mentioned potential investors like AI company Perplexity AI and social media personality MrBeast as interested parties. The situation follows a law signed by President Joe Biden, which initially set a deadline for ByteDance to sell TikTok or face a ban. The app briefly went dark for U.S. users but was quickly restored after Trump's intervention. The ongoing negotiations aim to secure TikTok's presence in the U.S. while addressing security concerns.
Key takeaways:
- President Donald Trump plans to negotiate TikTok's future with China's government, aiming to keep the platform operational in the U.S.
- Lawmakers have expressed concerns about TikTok's connection to China, leading to previous attempts to ban the app due to national security threats.
- Trump signed an executive order giving ByteDance additional time to find a new owner for TikTok, with the possibility of U.S. partial ownership.
- Potential investors in TikTok include AI company Perplexity AI and social media star MrBeast, with discussions of a U.S. sovereign wealth fund investing in the platform.