Despite law, US TikTok ban likely to remain on hold

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US President Donald Trump is widely expected to extend the Thursday deadline for TikTok to find a non-Chinese buyer or face a ban in the United States.

It would be the third time Trump put off enforcing a federal law requiring its sale or ban, which was to take effect the day before his January inauguration.

“I have a little warm spot in my heart for TikTok,” Trump said in an NBC News interview in early May.

“If it needs an extension, I would be willing to give it an extension.”

Trump said a group of purchasers is ready to pay TikTok owner ByteDance “a…



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Despite law, US TikTok ban likely to remain on hold


US President Donald Trump is widely expected to extend the Thursday deadline for TikTok to find a non-Chinese buyer or face a ban in the United States.

It would be the third time Trump put off enforcing a federal law requiring its sale or ban, which was to take effect the day before his January inauguration.

“I have a little warm spot in my heart for TikTok,” Trump said in an NBC News interview in early May.

“If it needs an extension, I would be willing to give it an extension.”

Trump said a group of purchasers is ready to pay TikTok owner ByteDance “a…



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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