Photo : AP
TikTok’s future has been uncertain since the U.S. government passed a law in January. The law said that the Chinese company ByteDance, which owns TikTok, must either sell the app or face a ban due to national security issues. The law started on January 19. But after becoming president, Donald Trump signed an order to delay the law for 75 days, giving more time for a decision on TikTok.
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When asked if a deal on TikTok would happen soon, Trump told reporters on Air Force One, “It could.” He added that his administration was talking to four different groups about the sale. He said all four groups were “good” options for buying the app.
The uncertainty around TikTok has attracted several people who want to buy it, including Frank McCourt, the former owner of the Los Angeles Dodgers. McCourt is interested in buying TikTok, which experts believe could be worth as much as $50 billion (AED 183 billion).
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