'It’s a group of…'; Trump reveals who will buy TikTok, but says he needs China's Xi Jinping's approval
Former US President Donald Trump has said that Oracle co-founder Larry Ellison leads a group interested in buying TikTok's US operations. He's indicated that, while a deal is possible, approval from Chinese President Xi Jinping is needed. Trump noted how TikTok has emerged as a key player in global politics, identifying it as a national security threat because of its Chinese ownership through ByteDance. Trump emphasized that controlling TikTok's US arm is critical to protect American user data. Trump said he pushed to ban and sell TikTok while President, and that he was surprised that the Biden administration has continued restrictions on the platform. Trump made his remarks amid new US lawmaker efforts to force TikTok's Chinese parent, ByteDance, to divest TikTok's US business or risk a nationwide ban. Trump's comments illustrate how closely intertwined international relations and tech ownership battles are today.
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