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Trump says he’s found a buyer for TikTok

Media & Entertainment News | TechCrunch · Anthony Ha · last updated

A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump.

“We have a buyer for TikTok, by the way,” Trump said in a Fox News interview on Sunday morning. “I think I’ll need probably China’s approval. I think President Xi [Jinping] will probably do it.”

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Related Knowledge Center: The TikTok ban

State of Play

The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.

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