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Trump eyes TikTok deal

8 1
01.04.2025
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Technology


Technology

 

The Big Story

Trump expects TikTok 'deal' ahead of deadline

President Trump indicated he expects to reach a deal on TikTok ahead of an April 5 deadline to begin enforcing a ban on the popular video-sharing app.

© Damian Dovarganes, Associated Press file

When asked aboard Air Force One whether he would extend the deadline if necessary, the president said, “There’ll be a deal with TikTok,” adding “we would,” seemingly in response to the extension question.

“We’re working on TikTok,” Trump said. “We have a lot of potential buyers. There’s tremendous interest in TikTok.”

“We’re dealing with China also on it because they may have something to do with it. And we’ll see how that goes,” he added. “But it’s something I think you’re going to have, I’d like to see TikTok remain alive.”

A law banning the app is set to go into effect Saturday. The law, passed by large bipartisan majorities in Congress last April, requires TikTok’s China-based parent company ByteDance to divest from the app or face a ban on U.S. networks and app stores.

It was initially meant to take effect on Jan. 19, just one day before Trump’s inauguration. However, former President Biden declined to enforce the law in his final days in office, and Trump signed an executive order giving TikTok a 75-day reprieve amid a push by the new administration to strike a deal.

Trump's campaign utilized TikTok during his 2024 bid, and the White House has previously told The Hill it would use the video-sharing app itself if the parent company divested.

Numerous buyers have made offers for the app, although Larry Ellison’s Oracle has emerged as a top contender, according to multiple media outlets.

Read more in a report at TheHill.com.

 

Welcome to The Hill’s Technology newsletter, we're Miranda Nazzaro and Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley.

 

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