Trump, TikTok
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CNN |
Advisers to President Donald Trump are expected Wednesday to present the president with options for a deal to invest in TikTok that involves a number of well-heeled venture capital, private equity fun...
U.S. News & World Report |
The Trump administration's work to find an American buyer for the short-video social media site TikTok is on track ahead of the April 5 deadline to reach a deal for non-Chinese ownership, Vice Presid...
Reuters |
Trump said that a deal is close on Tiktok, with multiple investors involved.
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Trump said his EO will give TikTok's Chinese parent company another 75 days to sell its stake in the social media app or else be banned in the U.S.
Under Mr Trump the process has run even farther off the rails. The president has no authority to delay the ban unless a deal is well under way. But on his first day in office Mr Trump signed an executive order telling the Department of Justice not to enforce the law for 75 days.
Three Democratic senators are urging President Donald Trump to work with Congress to save TikTok from going dark in the US after April 5th, rather than plow ahead with plans that could leave TikTok’s service providers open to hundreds of billions of dollars in liability.
Ahead of a self-imposed April 5 deadline, the Trump administration is close to clinching a deal with Oracle to oversee TikTok's U.S. operations.