In a post on his Truth Social network, Trump reiterated his desire for China to help negotiate a sale and suggested that the US could provide tariff relief in exchange for Beijing's approval
President Donald Trump on Friday said is signing an executive order to keep TikTok running in the US for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership. Congress had mandated that the platform be divested from China by Jan 19 or barred in the US on national security grounds, but Trump moved unilaterally to extend the deadline to this weekend, as he sought to negotiate an agreement to keep it running. Trump has recently entertained an array of offers from US businesses seeking to buy a share of the popular social media site, but China's ByteDance, which owns TikTok and its closely-held algorithm, has insisted the platform is not for sale. My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress, Trump posted on his social media platform. The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Ord
Ireland's data protection commission, the company's main regulator in Europe, will issue the penalty against TikTok before the end of the month
It is worth noting that any deal would require approval from President Trump, as well as TikTok's parent company, Bytedance, and the Chinese government
Even if Amazon's bid fails to gain traction inside the White House, the company's interest could compel other suitors to pay more, which squeezes more money out of a potential rival
As the deadline to strike a deal over TikTok approaches this week, President Donald Trump has signalled that he is confident his administration can broker an agreement with ByteDance, the social media app's China-based parent company. Speaking with reporters on Air Force One late Sunday, Trump said that there's tremendous interest in Tiktok." He added that he would like to see TikTok remain alive. The president's comments came less than one week before an April deadline requiring ByteDance to divest or face a ban in the United States. We have a lot of potential buyers, Trump said. Trump also said that the administration is dealing with China who also want it because they may have something to do with it. Last week, Trump said he would consider a reduction in tariffs on China if that country's government approves a sale of TikTok's operations in the US. Questions about the fate of the popular video sharing app have continued to linger since a law requiring ByteDance's divestment too
ByteDance has an April 5 deadline to find a non-Chinese buyer for TikTok or face a US ban on national security grounds
After assuming office, Donald Trump issued an executive order granting TikTok a 75-day delay, pushing the ban to April 5. Yet, TikTok has taken no steps to prevent the looming restriction
Even though the President did not mention which four companies are involved, he did mention that a 'lot of people want it' and 'all options were good'
Social media companies use complex algorithms to prioritise content and keep users engaged
Last year, the company laid off hundreds of employees from its global workforce, including a large number of staff in Malaysia as it shifts focus towards a greater use of AI in content moderation
On Sunday, the South Korean government temporarily halted new downloads of DeepSeek due to concerns over its data collection practices
The two companies had removed TikTok in the US last month to comply with a law passed in 2024
The move follows weeks of uncertainty about TikTok's future, and there's still no guarantee that it will survive in the US in the long run
He made the comments - his first on the topic of him buying TikTok - at a conference in Germany hosted by Mathias Doepfner
Apple and Google have not reinstated TikTok to their app stores since a US law took effect on January 19 requiring its Chinese owner ByteDance either to sell on national security grounds or face ban
China is likely to take a hard-line approach, letting TikTok's US operations die rather than approving a sale, as it holds out for a "grand deal" with Trump's administration
This AI framework is designed to generate lifelike human motion and speech from minimal input-just an image and an audio sample-solving a key challenge in AI-driven video creation
President Donald Trump on Monday signed an executive order directing the US to take steps to start developing a government-owned investment fund that he said could be used to profit off of TikTok if he's successful at finding it an American buyer. Trump signed an order on his first day office to grant the Chinese-owned TikTok until early April to find a domestic partner or buyer, but he's said he's looking for the US to take a 50% stake in the massive social media platform. He said Monday in the Oval Office that TikTok was an example of what he could put in a new US sovereign wealth fund. We might put that in the sovereign wealth fund, whatever we make or we do a partnership with very wealthy people, a lot of options, he said of TikTok. But we could put that as an example in the fund. We have a lot of other things that we could put in the fund. Trump noted many other nations have such investment funds and predicted that the US could eventually top Saudi Arabia's fund size. Eventuall
It remains unclear if Tinsley and his investor group will be serious contenders for what are shaping up to be competitive and fast-evolving negotiations