According to the White House, several potential buyers have bid on the popular social media app to ensure its continued

President Donald Trump said over the weekend there are lots of potential buyers and said he'd like to keep the app alive. The administration has set an April 5 deadline for the app to be banned if it is not sold by it's Chinese-owned parent company, ByteDance.

Although it’s unclear if ByteDance plans to sell, several possible bidders have come forward ahead of a ban on the platform that’s set to go into effect on Saturday.

TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data As TikTok's future remains uncertain, a number of prominent moguls and companies are competing for the opportunity to purchase the app.

The White House really wants to get a deal to sell Chinese short-video app TikTok to a US company and remove all possibilities of the Mainland using it as a way to spy on Americans. Except, apparently, one Big Tech firm that Team Trump isn’t so keen on: Online retail giant Amazon, On The Money has learned

According to a report from The Information, Trump plans to announce his master plan for keeping TikTok alive in the US through a new entity called “TikTok America.” The idea is to split the company between US investors (50%), existing ByteDance investors (roughly one-third), and ByteDance itself maintaining a 19.9% stake.

La empresa propietaria de TikTok, ByteDance Ltd., podría ser multada en más de €500 millones (US$553 millones) por enviar ilegalmente a China datos de usuarios europeos.