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Andreessen Horowitz Reportedly in Talks to Help Buy Out TikTok’s Chinese Owners

  • President Donald Trump will meet with aides about investors who could buy a stake in TikTok to avoid a ban in the United States, as confirmed by a person familiar with the situation.
  • A law requiring TikTok's China-based parent, ByteDance, to divest its ownership took effect on January 19, due to national security concerns.
  • Several potential bidders for TikTok include Oracle, Blackstone, and a consortium offering $20 billion, as mentioned by sources familiar with the matter.
  • If TikTok is not sold to an approved buyer by April 5, the law banning it nationwide would go into effect, though Trump stated the deadline could be extended.
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The Tech Portal broke the news in on Monday, March 31, 2025.
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