Hey there, tech lovers! Today, let’s dive into some exciting news surrounding TikTok and its potential new owners.

According to President Donald Trump, a group of very wealthy individuals is in the process of buying TikTok. He mentioned in a Fox News interview that they might need approval from China, specifically from President Xi Jinping, and plans to reveal the buyers in about two weeks. Trump has been delaying a bill that requires ByteDance to sell TikTok or face bans in the U.S., even suggesting a joint venture where U.S. owners could hold 50%. Interestingly, names like Elon Musk and Larry Ellison have been floated as potential buyers, though Musk’s chances seem slim now.

This news comes amid ongoing discussions about the app’s future influence and ownership in the U.S. Trump had previously shown openness to various solutions, including potential ownership shares or partnerships, but a definite deal is still under wraps. The situation keeps everyone guessing about who will ultimately take over TikTok in America.

Stay tuned for more updates on this high-stakes tech saga!