Trump Anticipates Multiple Bidders for TikTok Ownership

tech360.tv
Jan 28, 2025
1 min read

U.S. President Donald Trump expressed his belief on Monday that there will be a significant number of interested parties vying to acquire TikTok. Speaking to Republican lawmakers at his Doral golf club in Miami, Trump reiterated his stance on keeping China out of the equation when it comes to the popular social media platform.

Trump emphasised his desire for the United States to hold a 50% ownership stake in a potential joint venture involving TikTok. This statement comes amidst ongoing discussions and negotiations surrounding the future ownership of the app.

President Trump foresees multiple bidders for TikTok ownership.
Trump reiterates his stance on keeping China out of TikTok's ownership.
The President expresses his desire for the U.S. to have a 50% ownership position in a TikTok joint venture.

Source: REUTERS

Singapore Eyes Mandatory AI Data Training Notifications

UN Body Launches Program to Boost AI Agent Confidence

MIT, EPFL Develop Puffin-Inspired Robot That Flies and Swims

Technology increasingly permeates every facet of our lives, making informed decision making an essential pursuit. We bridge this gap by combining the precision of AI with the irreplaceable discernment of human expertise. Our team produces rigorous product reviews that offer unique insights, honest critiques, and trustworthy recommendations. We also leverage AI to synthesise complex news from reliable sources into clear, actionable updates, ensuring that every story is carefully fact checked by our editorial staff before publication. Accuracy remains our priority. Should you identify any discrepancies, please contact us at editorial@tech360.tv. Your feedback is a vital part of our process in maintaining the high standards our readers deserve.