Trump's TikTok Problem: Talks with Advisors About Possible Investors.
Reading
President Trump is having a meeting to talk about TikTok. He wants to find companies that could buy part of TikTok.
The US government is worried about TikTok's safety because it's owned by a Chinese company. They gave TikTok more time to find a buyer or it might be banned in the US.
Some companies like Oracle and Blackstone might want to buy part of TikTok. President Trump wants to keep TikTok in the US because he thinks it helped him win votes.
The deadline for TikTok to be sold might be extended again. It's not clear if TikTok's owner actually wants to sell it.
Many companies are interested in buying TikTok, including Microsoft and some groups of investors. One group even wants to use special technology to make TikTok safer for users' data.
Questions
Why is President Trump having a meeting about TikTok?
He wants to find companies that could buy part of TikTok.
What is the US government worried about regarding TikTok?
They are worried about TikTok's safety because it's owned by a Chinese company.
Which companies are interested in buying TikTok?
Companies like Oracle, Blackstone, and Microsoft are interested in buying TikTok.
Discuss
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