Feed: Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics
Feed Link: https://www.engadget.com/
---

Title: Trump claims a 'very wealthy' group will buy TikTok without revealing
who

Date: Sun, 29 Jun 2025 18:51:26 +0000
Link: https://www.engadget.com/social-media/trump-c...

The unending saga between President Donald Trump and TikTok may finally get
some closure. In an interview with Fox News' Maria Bartiromo, the US
president announced that there's a buyer secured for TikTok.

"We have a buyer for TikTok by the way," Trump said in the interview. "I
think I'll need probably China approval and I think President Xi [Jinping]
will probably do it." When asked to identify the buyer, Trump only
cryptically revealed that it was a "group of very wealthy people," which
would be announced in "about two weeks."

Watch Part 3 of @MariaBartiromo's interview with @POTUS where they discuss
the future of tariffs, A.I., TikTok, and green energy
pic.twitter.com/B5u5S9iOF2

ΓÇö SundayMorningFutures (@SundayFutures) June 29, 2025

The uncertain fate of TikTok began when Trump signed an executive order to
extend a deadline to ban the app from US-based app stores. The initial
extension came shortly after Trump took office for his second term in January
and was later pushed back another 75 days to April. The decision was delayed
once again in June, but for an extra 90 days instead, for a new mid-September
deadline. As the future of TikTok remains in a state of uncertainty, Trump
said the extensions were "no big deal" during the interview with Fox News.
More than 170 million active US users are awaiting a final decision on
TikTok, which is developed by the Beijing-based ByteDance that's facing
pressure to either sell its app or have it banned due to data privacy and
"national security" concerns.

This article originally appeared on Engadget at
https://www.engadget.com/social-media/trump-c...
buy-tiktok-without-revealing-who-185126123.html?src=rss

---
VRSS v2.1.180528