President Trump confirmed that Microsoft is among the companies interested in acquiring TikTok to prevent a potential ban by April. He extended the deadline for TikTok to find new ownership, with the requirement for the U.S. to have a 50% stake in the company. Other investors, including Perplexity AI, Frank McCourt, and Steven Mnuchin, have also expressed interest in purchasing TikTok’s U.S. platform.
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