US talking to four different groups on sale of TikTok

Donald Trump has stated that his administration is currently in contact with four different groups regarding the sale of Chinese-owned social media platform TikTok, with all options being considered good. The fate of TikTok has been uncertain since a law requiring its owner ByteDance to sell it on national security grounds or face a ban took effect on January 19, with Trump signing an executive order to delay enforcement for 75 days after taking office on January 20. Potential buyers, including former Los Angeles Dodgers owner Frank McCourt, have expressed interest in the estimated $US50 billion ($A80 billion) business.

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