In brief
In a surprising move, President Donald Trump has extended the deadline for TikTok's parent company, ByteDance, to divest its stake in the app used by millions in the US, granting a 75-day extension. This decision aims to facilitate the ongoing efforts to keep TikTok operational within the United States. The app, which boasts 170 million US users, momentarily faced closure as compliance with the new law loomed. Trump took to his Truth Social platform to announce that additional work is needed to secure the necessary approvals for the deal. As discussions continue, officials emphasize the importance of safeguarding American users without sacrificing the app's popularity. Further updates on this developing story are anticipated.
Trump Grants Extra Time for TikTok's US OperationsPresident Trump allows TikTok more time to comply with divestment laws as new plans develop.In a surprising move, President Donald Trump has extended the deadline for TikTok's parent company, ByteDance, to divest its stake in the app used by millions in the US, granting a 75-day extension. This decision aims to facilitate the ongoing efforts to keep TikTok operational within the United States. The app, which boasts 170 million US users, momentarily faced closure as compliance with the new law loomed. Trump took to his Truth Social platform to announce that additional work is needed to secure the necessary approvals for the deal. As discussions continue, officials emphasize the importance of safeguarding American users without sacrificing the app's popularity. Further updates on this developing story are anticipated.
