Trump, 78 – who recently returned to the White House, after a four-year absence – confirmed that there “could” soon be an announcement about TikTok’s future. The situation has drawn attention from tech industry leaders, investors, and political figures on both sides of the aisle.

TikTok could have one or a few new owners, be banned again, or simply receive another reprieve to continue operating in the U.S. Questions about the fate of the popular app has continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan.

The president says he's is working with "four different groups" on a TikTok purchase. Here's who has expressed interest in the past.

U.S. President Donald Trump said on Sunday that his administration was in touch with four different groups about the sale of Chinese-owned social media platform TikTok, and that all options were good.

The fate of TikTok hangs in the balance as the Biden-era legislation — requiring owner ByteDance to sell the platform — enters a critical phase under the Trump administration.