U.S. President Donald Trump said he is in talks with multiple people over buying TikTok and will likely have a decision on the app’s future within 30 days, Nandita Bose, Dawn Chmielewski, Milana Vinn and Kanishka Singh of Reuters reports. “I have spoken to many people about TikTok and there is great interest in TikTok,” Trump told reporters. Earlier, Reuters reported the Trump administration is working on a plan to save TikTok that involves Oracle (ORCL) and a group of outside investors taking control of the app’s operations, citing two people with knowledge of the matter. Companies in the social media space that compete with TikTok include Meta (META), Alphabet’s (GOOG) YouTube (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
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