ByteDance has been given extra time to complete the divestiture of its U.S. operations while negotiations continue.
President
Donald Trump has issued an executive order that extends the deadline for ByteDance, the Chinese parent of TikTok, to divest its U.S. operations by 75 days.
This decision postpones a potential ban on the widely-used video-sharing platform that was originally scheduled to be enforced on April 5, 2025. The extension allows for more time to negotiate the restructuring of TikTok's U.S. operations under new ownership.