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Executive Summary:
With TikTok technically banned in the U.S. under the “Protecting Americans from Foreign Adversary Controlled Applications Act,” efforts are underway to broker a deal that would allow the app to continue operating under American ownership. Former President Trump, seeking an alternative to a full ban, has extended the negotiation deadline by 75 days, leaving just 52 days to finalize an agreement.
Major tech players, including Oracle, Amazon, and Microsoft, have emerged as potential buyers. Oracle, which already handles TikTok’s U.S. operations, is seen as a leading contender, while Amazon is exploring the platform’s potential for e-commerce integration. Microsoft has reportedly engaged in discussions but has not publicly confirmed its interest. Other parties, such as investor-led consortiums, are also eyeing the opportunity, but their chances of success remain uncertain.
Meanwhile, TikTok’s parent company, ByteDance, is lobbying for a joint venture with U.S. investors, which could allow it to retain partial control. However, the U.S. government’s stance on such an arrangement remains unclear. Vice President J.D. Vance has been tasked with securing the best deal for the U.S., while Trump will make the final decision.
With the clock ticking and billions in business interests at stake, a resolution seems likely—but the possibility of a full TikTok shutdown in the U.S. by April remains on the table.
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