The US government is reportedly in talks with four different groups about the sale of TikTok, according to Reuters. This comes after President Donald Trump expressed openness to a deal, stating that "it could happen". The president clarified that negotiations are ongoing, citing interest from multiple parties. A sale of TikTok would raise significant concerns about user data and online security. As a major platform for users under 30, the app's ownership would significantly impact the privacy and safety of its vast user base. The implications of this development extend beyond the company itself, affecting the broader social media landscape. The potential sale could also have far-reaching consequences for competition in the industry, with significant implications foival platforms like Instagram and Snapchat.