Trump Won’t Extend Deadline for TikTok to Arrange U.S. Sale

(Bloomberg) — President Donald Trump said he won’t extend his Sept. 15 deadline for ByteDance Ltd. to sell the U.S. operations of its popular TikTok video-sharing app.“We’ll either close up TikTok in this country for security reasons, or it will be sold,” Trump told reporters Thursday before boarding the presidential aircraft for a campaign trip to Michigan. “There will be no extension of the TikTok deadline.”Administration officials had been considering whether to give more time to TikTok’s Chinese owner to arrange a sale of the app’s U.S. operations to an American buyer, though a decision hadn’t yet been presented to …read more

Source:: Yahoo Finance

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