Former U.S. President Donald Trump has claimed that there is already a buyer lined up to purchase TikTok. He made this statement at a recent event but didn’t give the name of the company or any other details about the deal.
Trump’s comments come as pressure grows on TikTok’s Chinese parent company, ByteDance, to sell the app’s U.S. operations. The U.S. government has raised concerns about data privacy and possible links between TikTok and the Chinese government. ByteDance has strongly denied these claims, saying user data is secure.
In April 2024, a new U.S. law was passed requiring ByteDance to sell TikTok by early 2025 or face a complete ban in the country. ByteDance has filed a legal challenge against this law, calling it unfair and a threat to free speech.
This isn’t the first time Trump has pushed for a sale. During his time in office, he had also tried to get ByteDance to sell TikTok. Companies like Oracle and Walmart had shown interest back then, but no agreement was reached.
Now, with Trump suggesting a buyer is once again in the picture, attention has turned back to the app’s future in the United States. While no official deal has been confirmed yet, his comments suggest that discussions could be taking place behind the scenes.
As millions of people in the U.S. use TikTok, any changes to its ownership or operation could have a major effect on the social media landscape.