The Clock Is Ticking: U.S. Officials to Decide TikTok’s Future
U.S. President Donald Trump will hold a high-stakes meeting at the Oval Office today to review a final proposal for TikTok’s U.S. operations, as the April 5 deadline looms for the app to secure a non-Chinese buyer or face a ban. Key figures like Vice President JD Vance and National Security Advisor Mike Waltz will attend, per a White House official.
Investor Frenzy: Blackstone, Andreessen Horowitz Eye TikTok
Wall Street giants are racing to carve out TikTok from its parent company ByteDance. Private equity firm Blackstone and Silicon Valley’s Andreessen Horowitz are in talks to join a coalition of U.S. investors aiming to buy TikTok’s U.S. arm. Oracle is reportedly leading the charge, with plans to buy out Chinese stakeholders. “This is like a tech thriller —billionaires, politics, and an app used by 170 million Americans,” a source close to the talks told Reuters.
National Security vs. Viral Dance Videos
Trump’s ultimatum stems from a 2024 law citing national security risks, which paused a planned ban earlier this year. If no deal is struck, TikTok could vanish from U.S. app stores. But Trump hinted Sunday that a deal “will happen” by the deadline—though skeptics wonder if this is another twist in a years-long saga.
Stay tuned as Washington debates the future of your favorite app.
Reference(s):
cgtn.com