No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 26, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Trump to discuss TikTok’s fate in meeting about potential investors including Oracle and Blackstone

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 3 mins read
A A
Trump to discuss TikTok’s fate in meeting about potential investors including Oracle and Blackstone
Share on FacebookShare on TwitterShare on LInkedIn



President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok, a deal that could potentially stop the social media site from being banned in the United States.

The details of the meeting were confirmed by a person familiar with the situation who spoke on condition of anonymity to discuss internal deliberations.

There has been uncertainty about the popular video app after a law took effect on Jan. 19 requiring its China-based parent, ByteDance, to divest its ownership because of national security concerns. After taking office, Trump gave TikTok a 75-day reprieve by signing an executive order that delayed until April 5 the enforcement of the law requiring a sale or effectively imposing a ban.

Among the possible investors are the software company Oracle and the investment firm Blackstone.

Likely to attend the Oval Office meeting with Trump on Wednesday are Vice President JD Vance, Commerce Secretary Howard Lutnick, White House national security adviser Mike Waltz and Director of National Intelligence Tulsi Gabbard.

CBS News first reported on the meeting.

Talking to reporters Sunday while on Air Force Once, Trump said he would “like to see TikTok remain alive.” He previously indicated that he might consider reducing tariffs against China if the country approves the sale.

During his first term, Trump tried to ban TikTok on national security grounds, which was halted by the courts before his administration negotiated a sale of the platform that eventually failed to materialize. He changed his position on the popular app during last year’s presidential election and has credited the platform with helping him win more young voters.

“I won the young vote by 36 points. Republicans generally don’t do very well with the young vote,” he said Sunday. “I think a lot of it could have been TikTok.”

Trump has said that the deadline on a TikTok deal could be extended further if needed. He previously proposed terms in which the U.S. would have a 50% stake in a joint venture. The administration hasn’t provided details on what that type of deal would entail.

TikTok and ByteDance have not publicly commented on the talks. It’s also unclear if ByteDance has changed its position on selling TikTok, which it said early last year it does not plan to do.

What will happen on April 5?

If TikTok is not sold to an approved buyer by April 5, the original law that bans it nationwide would once again go into effect. However, the deadline for the executive order doesn’t appear to be set in stone and the president has reiterated it could be extended further if needed.

Trump’s order came a few days after the Supreme Court unanimously upheld a federal law that required ByteDance to divest or be banned in January. The day after the ruling, TikTok went dark for U.S. users and came back online after Trump vowed to stall the ban.

The decision to keep TikTok alive through an executive order has received some scrutiny, but it has not faced a legal challenge in court.

Who wants to buy TikTok?

Although it’s unclear if ByteDance plans to sell TikTok, several potential bidders have come forward in the past few months.

Aides for Vice President JD Vance, who was tapped to oversee a potential deal, have reached out to some parties, such as the artificial intelligence startup Perplexity AI, to get additional details about their bids, according to a person familiar with the matter. In January, Perplexity AI presented ByteDance with a merger proposal that would combine Perplexity’s business with TikTok’s U.S. operation.

Other potential bidders include a consortium organized by billionaire businessman Frank McCourt, which recently recruited Reddit co-founder Alexis Ohanian as a strategic adviser. Investors in the consortium say they’ve offered ByteDance $20 billion in cash for TikTok’s U.S. platform. And if successful, they plan to redesign the popular app with blockchain technology they say will provide users with more control over their online data.

Jesse Tinsley, the founder of the payroll firm Employer.com, says he too has organized a consortium, which includes the CEO of the video game platform Roblox, and is offering ByteDance more than $30 billion for TikTok.

Trump said in January that Microsoft was also eyeing the popular app. Other interested parties include Trump’s former Treasury secretary Steve Mnuchin and Rumble, the video site popular with some conservatives and far-right groups. In a post on X last March, Rumble said it was ready to join a consortium of parties interested in purchasing TikTok and serving as a tech partner for the company.

This story was originally featured on Fortune.com



Source link

Tags: BlackstonediscussfateincludinginvestorsMeetingOraclepotentialTikToksTrump
ShareTweetShare
Previous Post

Debt fears top Bank of Israel’s concerns

Next Post

Effective Communication With Legal Clients: You Know Too Much

Related Posts

edit post
Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget

Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget

by TheAdviserMagazine
October 26, 2025
0

New Delhi: India is firming up a new scheme-Pradhan Mantri Kaushal Mudra Yojana (PMKMY)- to fund skilling of the country's...

edit post
Kamala Harris expects a woman to be president, and says it could ‘possibly’ be her — ‘I’m not done’

Kamala Harris expects a woman to be president, and says it could ‘possibly’ be her — ‘I’m not done’

by TheAdviserMagazine
October 26, 2025
0

Kamala Harris isn’t ruling out another run for the White House. In an interview with the BBC posted Saturday, Harris said she expects...

edit post
‘Protect Yourself From Me Entirely’ — Pregnant Fiancée Says 0K-A-Year Partner’s Prenup Makes Her ‘Legally And Financially Easy To Discard’

‘Protect Yourself From Me Entirely’ — Pregnant Fiancée Says $800K-A-Year Partner’s Prenup Makes Her ‘Legally And Financially Easy To Discard’

by TheAdviserMagazine
October 26, 2025
0

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A pregnant 33-year-old...

edit post
How Montenegro became the world’s fastest-growing hub for millionaires

How Montenegro became the world’s fastest-growing hub for millionaires

by TheAdviserMagazine
October 26, 2025
0

Nestled between the blue-watered Adriatic Sea and the towering Dinaric Alps, Montenegro has experienced a 124% increase in the number...

edit post
Partnership with Paramount boosts Taboola

Partnership with Paramount boosts Taboola

by TheAdviserMagazine
October 26, 2025
0

Taboola (Nasdaq: TBLA), which provides performance-based content recommendations and advertising, rose by a cumulative 8.4% on Thursday and Friday...

edit post
Gilat Satellite Networks hits four-year peak

Gilat Satellite Networks hits four-year peak

by TheAdviserMagazine
October 26, 2025
0

The company's stock price has doubled in less than three months. Gilat Satellite Networks (TASE: GILT; Nasdaq:...

Next Post
edit post
Effective Communication With Legal Clients: You Know Too Much

Effective Communication With Legal Clients: You Know Too Much

edit post
VanEck Files For First BNB ETF In The US

VanEck Files For First BNB ETF In The US

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget

Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget

0
edit post
9 Websites Where You Can Learn New Skills for Free

9 Websites Where You Can Learn New Skills for Free

0
edit post
Kamala Harris expects a woman to be president, and says it could ‘possibly’ be her — ‘I’m not done’

Kamala Harris expects a woman to be president, and says it could ‘possibly’ be her — ‘I’m not done’

0
edit post
High Dividend 50: Chimera Investment Corporation

High Dividend 50: Chimera Investment Corporation

0
edit post
The Sunday Morning Movie Presents: Peppermint Soda (1977) Run Time: 1H 40M Bonus: Original Poetry!

The Sunday Morning Movie Presents: Peppermint Soda (1977) Run Time: 1H 40M Bonus: Original Poetry!

0
edit post
Decentralized exchanges surpass  trillion monthly volume as volatility spikes

Decentralized exchanges surpass $1 trillion monthly volume as volatility spikes

0
edit post
Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget

Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget

October 26, 2025
edit post
Kamala Harris expects a woman to be president, and says it could ‘possibly’ be her — ‘I’m not done’

Kamala Harris expects a woman to be president, and says it could ‘possibly’ be her — ‘I’m not done’

October 26, 2025
edit post
‘Protect Yourself From Me Entirely’ — Pregnant Fiancée Says 0K-A-Year Partner’s Prenup Makes Her ‘Legally And Financially Easy To Discard’

‘Protect Yourself From Me Entirely’ — Pregnant Fiancée Says $800K-A-Year Partner’s Prenup Makes Her ‘Legally And Financially Easy To Discard’

October 26, 2025
edit post
Decentralized exchanges surpass  trillion monthly volume as volatility spikes

Decentralized exchanges surpass $1 trillion monthly volume as volatility spikes

October 26, 2025
edit post
How Montenegro became the world’s fastest-growing hub for millionaires

How Montenegro became the world’s fastest-growing hub for millionaires

October 26, 2025
edit post
Less than 24 hours until Disrupt 2025 — and ticket rates rise

Less than 24 hours until Disrupt 2025 — and ticket rates rise

October 26, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget
  • Kamala Harris expects a woman to be president, and says it could ‘possibly’ be her — ‘I’m not done’
  • ‘Protect Yourself From Me Entirely’ — Pregnant Fiancée Says $800K-A-Year Partner’s Prenup Makes Her ‘Legally And Financially Easy To Discard’
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.