Trump has assured Tik Tok that the social network has a buyer
The US president has described the buyer as "a group of people with a lot of money." It will be released in two weeks, provided China approves the operation.
Donald Trump, US President, said on Sunday that "we have a buyer to buy TikTok." Without giving any further details about the group's identity, Trump has described it as "a group of people with a lot of money." In an interview with Fox News, he advanced that the buyer's name will be disclosed in a couple of weeks, as long as China accepts the operation. "
The transaction is directly related to therequirement imposed on the Chinese company Bytedance by TikTok to sell its operations in North America. This obligation is the result of a law promoted by theprevious Joe Biden administration prohibiting the use of TikTok in the territory unless the owner sells the application before January 19.
Back in the White House, Trump decided to extend that deadline. He made the first announcement on January 20, the day he took over the presidency again, and granted the extension again on April 4, giving him an additional 75 days to conclude an agreement with Betydance.
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