Trump Extends TikTok’s Deadline To Be Offered or Banned—What You Want To Know

President Trump on Friday prolonged TikTok‘s deadline to be bought or face a ban within the U.S. by one other 75 days. The social media platform had beforehand confronted a Saturday deadline, after Trump prolonged it by 75 days in January.

“My Administration has been working very arduous on a Deal to SAVE TIKTOK, and we’ve made large progress. The Deal requires extra work to make sure all mandatory approvals are signed, which is why I’m signing an Government Order to maintain TikTok up and working for an extra 75 days,” Trump mentioned in a submit on his Fact Social platform Friday.

The app, which is owned by Chinese language social media firm ByteDance, has obtained bids from various know-how and media firms in current weeks. Trump informed reporters this week {that a} deal is “very shut” to being made, with out specifying which is probably going to purchase TikTok, Bloomberg reported Thursday.

Who Is within the Working To Purchase TikTok?

A variety of potential consumers have reportedly made bids for TikTok in current months, together with Reddit (RDDT) co-founder Alexis Ohanian and “Shark Tank” host Kevin O’Leary.

Amazon (AMZN) has additionally submitted a suggestion, in response to stories Wednesday, whereas adtech firm AppLovin (APP) on Thursday confirmed its curiosity in buying TikTok’s non-China operations in a regulatory submitting.

Trump and a few of his advisors reportedly mentioned choices this week, with contenders together with a gaggle led by Oracle (ORCL) and enterprise capital agency Andreessen Horowitz, in response to stories.

It stays to be seen whether or not the escalating commerce warfare between the U.S. and China after the Trump administration introduced new tariffs this week may affect the Chinese language authorities’s willingness to permit a deal.

Why Does TikTok Face a Ban?

Trump had supported a ban of the app in his first time period, with a bipartisan effort to ban it or drive it to be bought to a U.S. firm amid issues that the Chinese language authorities may entry knowledge about TikTok’s 170 million American customers, although the corporate has maintained the Chinese language authorities doesn’t have entry to that knowledge.

The ban was ultimately handed by means of Congress, with President Joe Biden signing the invoice into legislation final April. The legislation survived lawsuits because it was upheld in court docket rulings, with the Supreme Court docket in January ruling that the Jan. 19 deadline may stay in place.

The app went darkish for U.S. customers round 11 p.m. ET on Jan. 18, earlier than restoring service hours later as Trump signed an govt order extending the deadline by 75 days.

UPDATE—April 4, 2025: This text has been up to date because it was first printed to mirror Trump’s deadline extension introduced Friday.