TikTok Sale Talks Continue as Deadline Nears
TikTok Sale Talks Continue as Deadline Nears

TikTok Sale Talks Continue as Deadline Nears

News summary

President Donald Trump confirmed ongoing negotiations with four groups for the sale of TikTok's US operations, as the deadline for ByteDance to divest approaches. Trump stated that 'all four bidders are good' but did not disclose specific names, although potential buyers reportedly include Frank McCourt, Alexis Ohanian, and Jesse Tinsley, among others. Previously mentioned contenders such as Oracle and Elon Musk have been noted, though Musk has publicly declined interest. The sale is driven by national security concerns over TikTok's Chinese ownership, with an April 5 deadline set for the sale or risk of a ban. Trump has indicated a willingness to extend the deadline if necessary, amid the high stakes given TikTok's significant US market presence. The situation remains complex with potential legal challenges and geopolitical implications, including trade tensions with China.

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46% Left
Information Sources
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+9
Left 46%
Center 23%
Right 31%
Coverage Details
Total News Sources
13
Left
6
Center
3
Right
4
Unrated
0
Last Updated
1 hour ago
Bias Distribution
46% Left
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