Hey there, my tech-savvy friends! Today, we’re diving into some electrifying news involving TikTok and its future.

President Donald Trump has announced that a deal with TikTok’s parent company, ByteDance, is expected to be finalized before the looming April 5 deadline. According to reports from Reuters, there is a lot of buzz surrounding potential buyers.

Trump was quoted saying, “We have a lot of potential buyers,” indicating significant interest in TikTok. He expressed a desire to see the platform continue to thrive, stating, “I’d like to see TikTok remain alive.” This speaks volumes about the app’s popularity and market appeal.

Back in January, Trump extended the initial deadline for the TikTok ban to April 5 by signing an executive order on his first day in office. This move has allowed ongoing negotiations to take place.

Interestingly, private equity firm Blackstone is reportedly considering a small stake in TikTok’s U.S. operations, potentially collaborating with ByteDance’s existing non-Chinese investors, including Susquehanna International Group and General Atlantic.

The group seems to be paving the way as front-runners in the ongoing discussions about TikTok. Trump has also mentioned that he might be open to extending the deadline again if an agreement isn’t reached in time.