Trump teases a buyer for TikTok: A group of 'very wealthy people'

[BumRushDaShow]

Source: Business Insider

Jun 29, 2025, 12:34 PM ET


President Donald Trump says the United States has found a buyer for TikTok. In an interview with Fox News that aired on Sunday, the president said the buyer was a group of "very wealthy people" that he would reveal in "about two weeks" — his favorite timeline.

Trump added that he would "probably" need China's approval for a sale to go ahead, but appeared confident that Chinese leader Xi Jinping would back it.

Trump has stepped in three times so far to extend a deadline for TikTok's Chinese owner, ByteDance, to find a new buyer or effectively cease operating in the United States. An executive order on June 19 extended the deadline to September 17.

In a statement at the time, White House press secretary Karoline Leavitt said the administration wanted to ensure US users would continue to be able to access the app.

Read more: https://www.businessinsider.com/trump-tiktok-buyer-2025-6

[underpants]

1. "very wealthy people" - I guess my bid is a NO

Damn!

[PatSeg]

2. That doesn't sound good

Qatar or Saudi Arabia perhaps? If it is coming from Trump, it is not bound to be good.

[BumRushDaShow]

4. I think I read somewhere

that Oracle's Larry Ellison was interested (and I think Bezos as well). Oracle has recently provided backend services for TikTok.

[PatSeg]

6. Thanks, I hadn't heard that

[twodogsbarking]

3. Too weak, two weeks.

[not fooled]

5. "Orbanization" of TikTok?

Whoever buys it will provide favorable coverage of red don and his cabal?

That's my guess--sell off influential social media to allies of the fascists. Already happened with Xhitter and by compliance with fecesbook.

[wyn borkins]

7. "fecesbook" - "fecesbook" - gotta-love-it (n/t)