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Trump Discusses Potential TikTok Purchase: Decision Expected in 30 Days
January 27, 2025 – TikTok’s prospects in the United States are undergoing a major shift as former President Donald Trump leads talks with multiple potential buyers to acquire the popular video-sharing platform. The company plans to make its acquisition decision within thirty days.
According to sources near the situation Trump is currently in discussions with major software company Oracle and other investors about potential deal terms. TikTok’s U.S. operations require separation from its Chinese parent company ByteDance because U.S. officials have raised national security concerns.
The talks emerged during ongoing security concerns about Chinese government control of American user data. Public concerns about TikTok have intensified because of its relationship with ByteDance. Under the proposed agreement Oracle will manage TikTok’s U.S. operations while ByteDance maintains ownership of a smaller portion.
The negotiations involve several prominent investors including Oracle but also include Susquehanna International Group and General Atlantic along with KKR and Sequoia Capital. Numerous distinguished investors continue to join the process because they want to safeguard TikTok’s future while upholding U.S. national security requirements.
The artificial intelligence-focused tech company Perplexity AI has submitted a separate offer to acquire TikTok. The proposed agreement would unite Perplexity with TikTok’s American operations to form a new business entity. The U.S. government plans to acquire 50% ownership of the company to guarantee national security compliance as TikTok seeks entry into the U.S. market.
Under this proposal the U.S. government would acquire non-voting shares yet ByteDance’s current investors would retain ownership stakes in the new entity. The proposed agreement provides ByteDance investors with the option to launch an initial public offering which could value the merged company at $300 billion.
The United States’ TikTok future remains unclear because both the Oracle-backed deal and Perplexity AI’s proposal are currently being negotiated. Trump’s talks with multiple stakeholders represent a pivotal moment for the app which now stands as a leading global social media and entertainment platform.
The upcoming 30-day deadline creates intense scrutiny on these negotiations which will determine both the app’s U.S. user base and its Chinese connections.
Additional information about this ongoing story will be provided soon. For more follow atoztechworld.
