The Trump administration may extend TikTok's sale deadline, according to a report
The Trump administration may give TikTok’s Beijing-based owners more time to sell the video-sharing platform’s U.S.
business to an American buyer,on Thursday, as sale talks have hit a roadblock following a Chinese government decision to regulate the export of AI algorithms like the one used by TikTok.... [+]The report notes that TikTok’s owner Bytedance is likely to miss the September 20 deadline set by President Trump’s August 6 executive order mandating a sale, following which transactions between all U.S. entities and TikTok owner ByteDance were to be banned.
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