


BUSINESS BRIEFING
Trump: 4 bidders in play for TikTok
President Donald Trump said Sunday that he’s negotiating with four possible buyers for TikTok’s U.S. business and a deal for the social video app could come “soon.”
“We’re dealing with four different groups, and a lot of people want it,” Trump told reporters aboard Air Force One. He didn’t specify the contenders, instead saying “all four are good.”
ByteDance Ltd.’s TikTok faces a deadline of April 5 to strike a deal for its U.S. operations — or be banned from the country under a bipartisan law passed during the Biden administration. The U.S. is by far its most important market. ByteDance operates a companion service, Douyin, at home in China, and TikTok U.S. was estimated to be worth as much as $50 billion last year. — Bloomberg News