
Fri Apr 04 23:13:57 UTC 2025: **Trump Grants TikTok Another 75-Day Reprieve, Delaying US Ban**
WASHINGTON D.C. — President Donald Trump has extended the deadline for TikTok to secure a non-Chinese buyer, granting the popular video-sharing app another 75 days to avoid a US ban. The new deadline is June 19th.
The announcement, made Friday on Truth Social, comes just hours before the previous deadline was set to expire. Trump cited significant progress in negotiations, stating that a deal to “save TikTok” requires further time to finalize necessary approvals.
TikTok, with over 170 million American users, has been under pressure since a US law passed last year mandated a separation from its Chinese owner, ByteDance, or face a shutdown within the United States. While ByteDance confirmed ongoing talks with the US government, they cautioned that key issues remain unresolved and any agreement would be subject to Chinese legal approvals.
The proposed solution reportedly involves existing US investors in ByteDance rolling over their stakes into a new, independent global TikTok company. Additional US investors, including Oracle and potentially Walmart, would join to dilute ByteDance’s ownership. This plan builds on previous discussions that saw much of TikTok’s US activity already housed on Oracle servers.
However, significant uncertainty remains, particularly regarding TikTok’s algorithm. Experts warn that a TikTok without its proprietary algorithm would be significantly weakened. While reports suggest the new company might license the algorithm from ByteDance, this arrangement could contradict the spirit of the US law, which is partly based on concerns that the algorithm could be used against US interests.
Trump has repeatedly expressed confidence in finding a buyer and downplayed the risks associated with TikTok. He suggested the deal could even be part of a broader agreement with China to ease existing tariffs. The President emphasized his commitment to working with both TikTok and the Chinese government to finalize the transaction.