President Donald Trump told reporters Saturday, "Numerous people are talking to me, very substantial people, about buying" TikTok.

The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.

The ongoing feud between the U.S. government and TikTok's parent company, ByteDance, began in 2020, when President Donald Trump proposed the first ban on TikTok in the U.S., claiming it threatened national security.

After a brief ban for U.S. users, TikTok returned, but the user experience is still not completely what it once was. Donald Trump signed an executive order on Monday that delayed

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

Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.

By Dawn Chmielewski, Kanishka Singh and Milana Vinn NEW YORK/WASHINGTON (Reuters) -The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's operations,