Trump says US talking to four different groups on sale of TikTok

Trump says US talking to four different groups on sale of TikTok

This combination of pictures created on June 2, 2024 shows a man holding a smartphone displaying the logo of Chinese social media platform Tiktok in an office in Paris on April 19, 2024 and former US President and Republican presidential candidate Donald Trump speaking to the media as he arrives for his criminal trial at Manhattan Criminal Court in New York City on May 30, 2024. (AFP)

U.S. President Donald Trump said on Sunday that his administration was in touch with four different groups about the sale of Chinese-owned social media platform TikTok and that all options were good.

TikTok's fate has been up in the air since a law requiring its owner ByteDance to either sell it on national security grounds or face a ban took effect on January 19. Trump, after taking office on January 20, signed an executive order seeking to delay by 75 days the enforcement of the law.

Asked if there was going to soon be a deal on TikTok, Trump told reporters aboard the Air Force One, "it could."

"We're dealing with four different groups, and a lot of people want it ... all four are good," he added.

TikTok and ByteDance did not immediately respond to Reuters' requests for comment outside of normal business hours.

The turmoil at TikTok has attracted several potential buyers, including former Los Angeles Dodgers owner Frank McCourt, who have expressed interest in the fast-growing business analysts estimate could be worth as much as $50 billion.

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