TikTok is here to stay—for now.
With just one day before the app’s ban was supposed to go into effect, if China-based ByteDance was unable to sell U.S. operations of the app to an approved buyer, President Donald Trump has extended the deadline.
“My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress,” Trump wrote on his app, Truth Social, April 4. “The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days.”
He later added, “We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal. Thank you for your attention to this matter!”
Just two days earlier, it was reported that Jeff Bezos’ Amazon had emerged as a potential customer, a person familiar with the ongoing discussions told NBC News.
Read the full article here
