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TikTok Faces April 5 Deadline as Four Groups Engage in Purchase Talks

  • TikTok may gain new owners or face a ban by April 5, 2025, as confirmed by President Donald Trump after an executive order reprieved its ban until that date.
  • Several bidders, including Perplexity AI and a consortium led by Frank McCourt, are reportedly pursuing TikTok, with offers around $20 billion noted.
  • Concerns remain about U.S. Ownership and involvement in TikTok's operations as the April 5 deadline approaches.
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San Diego Union TribuneSan Diego Union Tribune
+15 Reposted by 15 other sources
Center

Trump says TikTok deal is in the works. Here’s where things stand with the company

By HALELUYA HADERO In less than a month, TikTok could have one or a few new owners, be banned again, or simply receive another reprieve to continue operating in the United States. Questions about the fate of the popular video sharing app have continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan. 19. After taking office, President Donald Trump gave TikTok a 75-day reprieve by signing …

·San Diego, United States
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  • 57% of the sources are Center
57% Center
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The World Reviews broke the news in on Sunday, March 9, 2025.
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