Trump said his EO will give TikTok's Chinese parent company another 75 days to sell its stake in the social media app or else be banned in the U.S.
The deal remains in limbo, hostage to the emerging trade war between the U.S. and China. On Friday, Trump said he is extending the deadline for TikTok to be banned or sold off by its Chinese-owned parent company, ByteDance.
President Trump said Friday that he plans to give TikTok another 75-day extension as his administration nears a deal to avert a ban on the popular social media platform. “My Administration
A deal for TikTok to be purchased has stalled due to Trump’s tariffs on China. A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs announcement this week, according to two sources familiar with the matter.
Technology Technology The Big Story TikTok deal pulled after Trump tariff announcementA finalized TikTok deal was pulled Thursday after President Trump announced massive new
The new deadline for the TikTok sale is approaching, and the app may be banned after Saturday. Here's why President Trump is optimistic about a sale.
Trump gave China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. A source confirmed to NBC News that the e-commerce giant had made a last-minute pitch.
Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set by the U.S. President Donald Trump to find a non-Chinese buyer for the short video app used by 170 million Americans.
The White House was nearing a TikTok deal, but China hit the brakes after Trump announced wide-ranging tariffs, a source told AP.