TikTok has been granted a 75-day extension by the Trump administration to continue operating in the US. The deadline for TikTok to sell its US operations was approaching, but President Trump has allowed more time for negotiations to take place.
President Trump stated that progress has been made towards a potential deal to save TikTok, but further work is required to secure all necessary approvals. He emphasized the importance of reaching an agreement that satisfies all parties involved, including the US government, ByteDance, and the Chinese government.
Various groups and companies, such as Amazon, have expressed interest in acquiring TikTok's US operations, but a concrete agreement has yet to be reached. President Trump reiterated his desire to avoid TikTok being banned in the US.
