ByteDance may miss the Trump administration's deadline for the sale of TikTok’s U.S. assets
The company likely needs beyond the U.S. executive order ban on Sept. 20 to reach an agreement with either of the parties due to the Chinese regulatory review, the report said, citing people familiar with the matter.
The Trump administration is seeking to ban TikTok unless ByteDance sells the short-video app’s U.S. operations, citing potential national security risk due to the vast amount of private data the app is compiling on U.S. consumers.Reporting by Munsif Vengattil in Bengaluru; Editing by Sriraj Kalluvila
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