The White House is set to convene a pivotal meeting at the Oval Office on Wednesday to discuss a final proposal for TikTok, a short-video app used by 170 million Americans. With an April 5 deadline, the discussions center on securing a non-Chinese buyer to avert a potential ban on national security grounds.
U.S. President Donald Trump is expected to weigh in on the proposal alongside key officials, including Vice President JD Vance, Commerce Secretary Howard Lutnick, National Security Advisor Mike Waltz, and Director of National Intelligence Tulsi Gabbard. Their meeting underscores a broader effort to balance tech innovation with geopolitical and security considerations.
Industry players are closely watching the developments, as private equity firm Blackstone is in discussions about joining ByteDance's existing non-Chinese shareholders. Meanwhile, venture capital firm Andreessen Horowitz is also reportedly in talks as part of a wider initiative to raise investment and control over TikTok's U.S. operations.
This high-stakes deliberation serves as a reminder of how global tech trends intersect with national policy, influencing investment flows and the evolution of digital media worldwide.
Reference(s):
cgtn.com