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Trump to Weigh Plans for TikTok Sale at Meeting on Wednesday

Trump to Weigh Plans for TikTok Sale at Meeting on Wednesday

Bloomberg01-04-2025

President Donald Trump will meet on Wednesday to consider a proposal for divesting TikTok's US operations from Chinese parent company ByteDance Ltd., just days ahead of a deadline for a sale of the popular social media app, according to people familiar with the matter.
The administration is considering a deal that would include Oracle Corp. and Blackstone Inc. and potentially other investors in a joint venture, the people said, speaking on condition of anonymity to share details about the meeting.

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