Trump says he’s giving TikTok another 75 days to find a US buyer

Trump says he’s giving TikTok another 75 days to find a US buyer

WEST PALM BEACH, Fla. (AP) — President Donald Trump on Friday said 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.

Congress had mandated that the platform be divested from China by Jan. 19 or barred in the U.S. on national security grounds, but Trump moved unilaterally to extend the deadline to this weekend, as he sought to negotiate an agreement to keep it running. Trump has recently entertained an array of offers from U.S. businesses seeking to buy a share of the popular social media site, but China’s ByteDance, which owns TikTok and its closely-held algorithm, has insisted the platform is not for sale.

Source: Paradise Post