TikTok, Trump and White House
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Retail industry analysts say Amazon's interest in TikTok underscores the social app's importance to online retailers, given its ability to drive e-commerce purchases.
From CBS News
President Trump on Friday granted TikTok another reprieve by announcing he would extend the deadline for when the popular app had to make a deal to be separated from its Chinese owner, ByteDance, or ...
From The New York Times
Bidders for the short video social media company are piling up, as the weekend deadline for TikTok to find a buyer approaches.
From Reuters
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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.
A finalized TikTok deal was pulled Thursday after President Trump announced massive new tariffs against China, a source familiar with the negotiations told The Hill. Trump was poised to
President Trump revealed he had once again extended the TikTok sale deadline 75 days. See who's currently leading in the sales bids.
A deal for TikTok to be purchased has stalled due to Trump’s tariffs on China. A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs announcement this week, according to two sources familiar with the matter.
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.
US President Donald Trump announced on Friday that he was once again delaying enforcement of the TikTok sale-or-ban law for 75 days. The deadline had been due to elapse on Saturday. Trump's decision means users in the United States will continue to have access to the popular Chinese video app for the time being.
The White House was nearing a TikTok deal, but China hit the brakes after Trump announced wide-ranging tariffs, a source told AP.
WEST PALM BEACH, Fla. (AP) — President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S. for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership.
President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S. for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership.
TikTok could be banned in the US in the next few days. Or it could stay. Perhaps it will have new owners. Maybe not. Here's how to untangle it all.