ByteDance, the owner of TikTok, probably won't be able to sell the popular video sharing app by Sept. 20, the date President Trump's administration has mandated for its divestment. The U.S. government, meanwhile, is unyielding in its stance. On Aug. 6, Trump issued an executive order giving ByteDance 45 days to sell TikTok; the order stipulates that if it fails to do so, it will be barred from doing business with U.S. individuals and organizations. Read More...
Report: TikTok Unlikely to Be Sold by U.S. Government’s Deadline; Trump Rules Out Extension
ByteDance, the owner of TikTok, probably won’t be able to sell the popular video sharing app by Sept. 20, the date President Trump’s administration has mandated for its divestment. The U.S. government, meanwhile, is unyielding in its stance. On Aug. 6, Trump issued an executive order giving ByteDance 45 days to sell TikTok; the order stipulates that if it fails to do so, it will be barred from doing business with U.S. individuals and organizations.
