President Trump has granted a 75-day extension to TikTok, delaying enforcement of the law that would force its parent company, ByteDance, to sell most of its stake in the app. The extension allows the Biden administration time to determine the appropriate course of action regarding TikTok's future in the United States. Trump also directed the Justice Department to refrain from taking any action against ByteDance or any U.S. company assisting TikTok in remaining operational during this period.
a 75-day extension during which the United States will not enforce the law meant to force the app's owner to sell the company., the Chinese company ByteDance, to sell most of its stake for TikTok to continue to operate in the United States. It went into effect Sunday, but the Biden administration said it wouldn't enforce the law. Now, Trump is continuing that approach.
Apple and Google didn’t immediately respond to requests for comment. TikTok is not currently available in either company's app store. The extension does not overturn the law — the president has no such authority. TikTok still must either find a U.S. company to take an 80% stake in it or it will be banned under the law.
When questioned about his view on TikTok, President Trump said that the app is not a threat since it is mostly used by “young people." that he wanted to find a deal for TikTok that involved ownership split 50-50 between ByteDance and the United States, though it is unclear whether Trump meant a U.S. company and whether that deal would survive court challenges based on the law’s requirements.
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