TikTok sale: As April 5 deadline nears, White House close to approving deal
The White House is close to approving a deal that would allow US investors to buy TikTok’s US operations, taking control of the video app from its Chinese owners, Bytedance.
According to a Financial Times report, US President Donald Trump’s officials are set to meet on Thursday (IST) to discuss the negotiations related to the new owners of the app. It further added that the deal could be announced soon if Trump gave his nod. This comes hours after tech giant Amazon put in a last-minute bid to acquire TikTok’s US business.
