Trump Proposes 'TikTok America' to Navigate Possible Ban

Trump Proposes 'TikTok America' to Navigate Possible Ban
As TikTok faces the threat of a ban in the U.S., President Trump has proposed establishing 'TikTok America,' a new company aimed at facilitating the platform's sale. This initiative would involve American investors holding 50% ownership while ByteDance retains a minority stake. Trump will act as a broker for negotiations, although the proposal's approval from the Chinese government remains uncertain. Several interested buyers, including YouTube star MrBeast and AI startup Perplexity AI, have emerged, aiming to integrate TikTok into their ventures. The future of TikTok hinges on these developments amidst ongoing legal challenges.