Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated their interest in the app.

President Donald Trump's administration ​is developing a strategy to rescue TikTok that entails enlisting the help of software giant Oracle and a group of outside investors to successfully take over the app's international operations,

The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.