US President Trump seen again pushing deadline on TikTok sale or divestment

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The Trump administration is expected to again extend a September 17 deadline for China’s ByteDance to divest the US assets of short-video app TikTok or shut it down, a source familiar with the matter told Reuters.

It would be the fourth reprieve granted by President Donald Trump from federal enforcement of a law that originally gave ByteDance until January 2025 to sell or shut down the popular social media platform.

Last month, Trump said he had US buyers lined up for the app and could further extend the deadline. But he was equivocal on Sunday when…



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US President Trump seen again pushing deadline on TikTok sale or divestment


The Trump administration is expected to again extend a September 17 deadline for China’s ByteDance to divest the US assets of short-video app TikTok or shut it down, a source familiar with the matter told Reuters.

It would be the fourth reprieve granted by President Donald Trump from federal enforcement of a law that originally gave ByteDance until January 2025 to sell or shut down the popular social media platform.

Last month, Trump said he had US buyers lined up for the app and could further extend the deadline. But he was equivocal on Sunday when…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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