Vice President JD Vance stated on Friday that a deal to save the wildly popular Tiktok -app from banning American soil 'almost certainly' is within reach -but the clock is ticking quickly.
In less than a month, Tiktok could have one or a few new owners, be banned again or just received a different delay to continue to operate in the United States.
In an exclusive interview with NBC News on board Air Force Two, Vance, who was commissioned by President Donald Trump to lead the delicate negotiations, careful optimism, but underlined the character of effort with high effort.
“There will almost certainly be an agreement at a high level that I think it meets our national security problems, states that there is a separate American tap company,” said Vance, who for the first time indicates that a framework can be nearby.
The future of Tiktok in America can be faltered on the edge since the then President Joe Biden signed two -part legislation last year, with which China, based in China, the China established in China, to sell the app to an American buyer or an outright ban.
But when Trump returned to power, he gave an executive order on his first day at the office, which effectively paused the ban for 75 days, until 5 April bytedance to ink a deal.
“Many people want it, and it's up to me,” Trump said cryptically on board Air Force One on Sunday and showed to the massive bet without the four bidding groups that are reportedly taken into consideration.
Nevertheless, the pressure is set up, because bytedance is publicly having to stop whether it will sell the app – a platform that is used daily by more than 150 million Americans and is estimated to be worth $ 50 billion.
Vice President JD Vance stated on Friday that a deal to save the wildly popular Tiktok -app from Bring Banned on American soil is 'almost certainly' within reach -but the clock ticks quickly
In less than a month, Tiktok could have one or a few new owners, be banned again or just received a different delay to continue working in the United States
Vance, a former venture capitalist, described the negotiations as a race by time and noted that the complexity of the deal, possibly billions of dollars, several investors and complicated legal frameworks.
“Usually some of these deals that are much smaller and entail much less capital,” said Vance.
'We try to close this thing at the beginning of April. I think the contours of this thing will be very clear. The question is whether we can do all the paper. '
Despite the legal and bureaucratic obstacles, Vance remains hopeful that an extension will not be necessary, although he would no longer exclude.
“We would like to do it without the expansion,” he said, before he warned, “the deal itself will be very clear, but actually creating those thousands and thousands of pages with legal documents, that is the only thing I could slip for.”
Although Vance refused to identify specific bidders, the struggle for Tiktok is no secret. Among the famous voorags:
- Wyoming -entrepreneur Reid Rasner, CEO of Omnivest Financial, who claims to have made an $ 47.45 billion offer.
- Co-founder of Reddit Alexis Ohanian, who became a member of a consortium led by billionaire Frank McCourt and offers $ 20 billion in cash with plans to rebuild Tiktok on blockchain technology to improve the data control of the users.
- Employer.com -founder Jesse Tinsley, supported by the CEO of Roblox, with more than $ 30 billion.
- AI Startup Perplexity AI, who reportedly proposed a merger to combine operations with Tiktok's American arm.
- Microsoft and former finance minister Steve Mnuchin are also driven as potential players.
President Donald Trump said Microsoft is one of the American companies that wants to take control of ticktok to help the popular app to provide an effective ban that could start in April
“We are dealing with four different groups,” Trump told reporters, without offering details, which explicitly adds, “it's up to me.”
As the self-proclaimed ultimate decision-maker, Trump's position remains crucial and unpredictable.
Although he fought for tooth and nail to ban Tiktok on national security grounds during his first administration, his tone has since mitigated, even crediting the app to help the votes of young people in the 2024 elections.
“We are dealing with four different groups,” Trump told reporters, without offering details, which explicitly adds, “it's up to me.”
Yet Trump has not been excluded if bytedance refuses to admit.
Trump has driven an idea that the US government could itself have an interest in TIKTOK through a Public Investment Fund, although no details have been released.
The Chinese government, once openly hostile to American attempts to force the sale of Tiktok, seems to have mitigated its rhetoric, in which spokeswoman for the Ministry of Foreign Affairs recently stated that such business decisions must be 'independent of companies' in accordance with market principles.
Nevertheless, there are serious questions about whether Bytedance will say goodbye to his crown jewel, especially in view of the closely monitored algorithm of the app, a source of tension in national security circles.
If a deal is not closed on 5 April, the Bipartisan Ban -Act would go back in place, so that Tiktok effectively cuts us users in the US – although Trump could renew the deadline again.
'Ik denk dat of het door een extensie is, of dat het is door het feitelijk te krijgen van de deal die voldoet aan de bezorgdheid over de nationale veiligheid, ik denk dat we op een plaats zullen zijn waar we kunnen zeggen dat Tiktok operationeel is, en het is ook operationeel op een manier die beschermend is voor de gegevens van Amerikanen en Amerika's nationale veiligheid en Amerika's nationale veiligheid en Amerika,' Vance zei dat het de milden van het gebruik van het platform heeft reserved.
