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Trump grants 75-day extension for TikTok sale
US President Donald Trump announced on Apr. 4, a 75-day extension for the deadline requiring ByteDance to sell its US assets of TikTok.
He noted that progress had been made in negotiations but said more time is needed to finalize necessary approvals.
Trump expressed a desire to prevent the app from being shut down in the US.
The extension comes amid ongoing discussions involving TikTok, its Chinese parent company ByteDance, and US authorities.
Recent ByteDance developments
| Timeline |
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02-Apr-2025 🇸🇬 ByteDance founder denies acquiring Singapore citizenship
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28-Mar-2025 📉 ByteDance pressures US team as TikTok Shop falls short
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12-Mar-2025 ⚙️ ByteDance improves AI training efficiency with new system
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05-Mar-2025 📈 ByteDance to buyback US employees’ shares at $312b valuation
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23-Feb-2025 📈 ByteDance valued over $400b by major investors
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