Trump discussing TikTok purchase with multiple people, decision in 30 days

26/1/2025 13:09

U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days.



"I have spoken to many people about TikTok and there is great interest in TikTok," Trump told reporters on Air Force One during a flight to Florida.



Earlier in the day, Reuters reported two people with knowledge of the discussions said



Trump's administration is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's operations.



Under the deal being negotiated by the White House, TikTok's China-based owner, ByteDance, would retain a stake in the company, but data collection and software updates would be overseen by Oracle, which already provides the foundation of TikTok's Web infrastructure, one of the sources told Reuters. However, in his comments to reporters on the flight, Trump said he had not spoken to Oracle's Larry Ellison about buying the app.