TikTok's US e-commerce division failed to hit 2024 goals, and leaders at owner ByteDance are ratcheting up pressure on staff.

TikTok’s Chinese parent company ByteDance has until 5 April to sell its popular app or face a ban. These are the potential suitors making overtures.

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.