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TikTok given extra 75 days to find buyer | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services
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TikTok given extra 75 days to find buyer | The Express Tribune

TikTok given extra 75 days to find buyer | The Express Tribune

TikTok given extra 75 days to find buyer | The Express Tribune

MIAMI:

US President Donald Trump on Friday extended the deadline for TikTok to find a non-Chinese buyer or face a ban in the United States, allowing 75 more days to find a solution.

“My administration has been working very hard on a deal to save TikTok, and we have made tremendous progress,” Trump said on Truth Social, just hours before the deadline was to expire. “A transaction 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.”

The hugely popular video-sharing app, which has more than 170 million American users, is under threat from a US law that passed overwhelmingly last year and orders TikTok to split from its Chinese owner ByteDance or get shut down in the United States.

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