As a term of conclusion of a transaction, President Donald Trump has signaled that he is convinced that his administration could conclude an agreement with Byton, a parent company based on social media.
Speaking to the journalists at the Air Force in late Sunday, Trump said “there is a great interest in the cikt.” He added that “I would like to see the tick remain alive.” The president’s comments came in less than a week before April, which requires byon to get rid of or face ban in the US.
“We have a lot of potential buyers,” Trump said.
Trump also said the administration “dealing with China”, which “also wants it because they may have something in common.” Last week Trump said it would beConsider reducing tariffsIn China, if the country’s government approves the sale of Tiktok operations in the US
Questions about the fate of the popular application for sharing videos continue to be delayed, as the law that requires getting rid of bytes came into force on January 19. Following the post of Trump, a 75-day payment gave a 75-day payment, signing an order that delays the charter until April 5.
During his first term, Trump tried to ban a national security cycle, which was stopped by the courts before his administration agreed on the sale of a platform, which as a result could not come true. He changed his position in the popular app during last year’s presidential election and attributed the platform, helping him win the younger voters.
“I won the young voting for 36 points. Usually Republicans do not work well with young votes,” he said on Sunday. “I think a lot could have been a tiktok.”
Trump said the term in the agreement with the cycle agreement could be extended if necessary. Previously, he offered conditions in which the US had 50% of the joint venture shares. The administration did not provide details on what could pull this type of transaction.
Tiktta and Byte did not publicly commented on the negotiations. It is also unclear whether it changed the byan on the sale of Tiktok, which, he said, did not plan to do at the beginning of last year.
What will happen on April 5?
If Tiktok is not sold until April 5, the initial law that prohibits him across the country will come into force again. However, the term of the executive order will not be set in the stone, and the president once again confirmed that it could be expanded if necessary.
Trump’s order came a few days afterThe Supreme Court unanimously supported the federal lawWhat is required by Batans to get rid of or prohibited in January. The day after the ruling, the score was darkened for us by users and returned to the Internet after Trump promised to stop the ban.
The decision to maintain the alive order received some control, but it did not face the legal problem in court.
Who wants to buy tiktok?
Although it is unclear whether it plans to sell Tiktok, several potential bidders have performed over the past few months.
Assistants for Vice -President JDVens, which was pressed to control over the potential transaction,They turned to some parties, such as artificial intelligence, AI startup, to receive additional details about their applications, in accordance with the person familiar with this issue. In January, AI AI Surprise submitted bytesWith a proposal for mergeThis combines the business of surprise with the US operation.
Other potential bidders include a consortium organized by a billionaire businessman Frank McCurt, who recently scored Reddit co-founderAlexis Aganyan as strategicAdvisor. Investors in the consortium say they offered bytes $ 20 billion in cash for the American Tiktok platform. And if they are successful, they plan to redo a popular app with Blockchain technology, they say to provide users more control over their internet.
Jesse Tinley, the founder of the firm for wages, says RobloxAnd it offers bait more than $ 30 billion for Tiktok.
Trump said in January thatMicrosoft also looked at the popular app. Other stakeholders include former Trump Trew Secretary Steve Mnuchin and Rumble, video, popular with conservatives and far -right groups. In the message on X Last March, Rumble said he was ready to join the consortium of the parties interested in acquiring Tiktok and acting as a technology partner for the company.
Originally this story was presented on Fortune.com
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2025-04-01 21:00:00
Sarah Parvini, The Associated Press
