Trump, TikTok
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Inc.com |
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs announcement this week, according to two so...
U.S. News & World Report |
The Trump administration's work to find an American buyer for the short-video social media site TikTok is on track ahead of the April 5 deadline to reach a deal for non-Chinese ownership, Vice Presid...
Reuters |
Trump said that a deal is close on Tiktok, with multiple investors involved.
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Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.
Trump said his EO will give TikTok's Chinese parent company another 75 days to sell its stake in the social media app or else be banned in the U.S.
President Trump revealed he had once again extended the TikTok sale deadline 75 days. See who's currently leading in the sales bids.
Under Mr Trump the process has run even farther off the rails. The president has no authority to delay the ban unless a deal is well under way. But on his first day in office Mr Trump signed an executive order telling the Department of Justice not to enforce the law for 75 days.
TikTok could be banned in the US in the next few days. Or it could stay. Perhaps it will have new owners. Maybe not. Here's how to untangle it all.
A group representing American egg farmers said it had discussions about the matter, but ultimately, it won’t scramble its plans to supply roughly 30,000 eggs for the event.
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Investor's Business Daily on MSNWhite House Close To Approving Sale Of TikTok's U.S. Business To Investors: ReportThe White House is close to approving a deal that would allow a group of investors to buy a stake in TikTok's U.S. operations, according to a report from the Financial Times. The reported deal to avoid a potential TikTok ban comes days before a deadline.
The White House has examined a menu of options to avert a TikTok ban deadline set for Saturday. One proposal — letting TikTok’s Chinese owner lease the algorithm to a TikTok spinoff in the U.S. — would probably face resistance from China hawks in Trump’s party.
Trump gave China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. A source confirmed to NBC News that the e-commerce giant had made a last-minute pitch.