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.
NBC News |
President Trump has announced a 75-day extension to a deadline that would have ban the social media app TikTok if it is not sold to a non-Chinese buyer.
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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.
President Trump revealed he had once again extended the TikTok sale deadline 75 days. See who's currently leading in the sales bids.
President Trump said Friday that he plans to give TikTok another 75-day extension as his administration nears a deal to avert a ban on the popular social media platform. “My Administration has
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.
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.
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.
Trump gave China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. A source confirmed to NBC News that the e-commerce giant had made a last-minute pitch.
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.