Critics have pushed back on the deal on both free speech and free market grounds. Polling puts TikTok’s American user base at approximately one-third of all adults and two-thirds of all teens; TikTok itself has claimed that about half the U.S. population uses the app.

TikTok could shut down if Chinese parent ByteDance doesn't reach an agreement to sell a controlling interest by President Trump's April 5 deadline.

President Trump will consider a final proposal for TikTok on Wednesday, sources familiar with the planning tell CBS News.The administration is finalizing plans for potential investors that could include Blackstone and Oracle,

Developed by co-founders Tori White (CEO) and Reed Hermeyer (CTO), Skylight offers a short-form video app experience with many familiar features, including an in-app video editor; the ability to comment, like, and share videos; set up your own user profile; and follow others.

Senior administration officials are expected to attend a Wednesday meeting about a potential deal; plan would require Beijing’s blessing.

Donald Trump ally Marc Andreessen is reportedly in talks to buy TikTok ahead of the looming ban deadline. Andreessen, who founded U.S. venture capital firm Andreessen Horowitz, is reportedly part of a group of American investors led by Oracle that is aiming to separate the social media app from its Chinese parent company, ByteDance.

TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8. The photo-sharing app launched in testing in Canada, Australia, and Vietnam last

It’s possible President Donald Trump could extend the deadline by signing an executive order, but he hasn’t indicated that he would do so.

President Donald Trump on Wednesday will consider a final proposal for TikTok, as the April 5 deadline approaches, Fox News has learned. A meeting in the Oval Office will involve Vice President JD Vance, commerce secretary Howard Lutnick, national security advisor Mike Waltz, and director of national intelligence Tulsi Gabbard.

TikTok, which boasts more than 170 million users, has been under fire by U.S. legislators over concerns about data privacy and national security. In order to save the app, Trump gave the social media site until April 5 to divest and find a U.S.-based owner.

Also in today’s newsletter, China launches military exercises around Taiwan, and Indonesia’s new sovereign wealth fund vows transparency