Trump Extends Deadline for TikTok to Find Buyer by 75 Days

Reported about 19 hours ago

President Trump has signed an executive order allowing TikTok an additional 75 days to secure a buyer for its US assets, preventing the platform's shutdown. In his announcement, Trump stated that significant progress has been made toward a deal, although ongoing negotiations with TikTok's parent company, ByteDance, have yet to yield an agreement. Various potential buyers are emerging, including Oracle, which sees this as an opportunity to expand its data center business amidst escalating tariffs on China.

Source: YAHOO

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