White House Says TikTok Buyer Is Lined Up

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By Kris Ma/Chris Gorin

US President Donald Trump says an American buyer has been found for TikTok’s US operations and that he will speak with Chinese President Xi Jinping to confirm the arrangement on Friday. Reporting points to an investor group led by Oracle, with Silver Lake and Andreessen Horowitz holding roughly 80% and ByteDance retaining about 20%. Details remain private, and the fine print, including whether the recommendation algorithm is part of any sale, will determine whether the deal satisfies US legal and national security requirements. Trump has again delayed a ban via executive order while talks continue.