{"id":11120,"date":"2025-06-21T00:05:20","date_gmt":"2025-06-21T00:05:20","guid":{"rendered":"https:\/\/ipp-news.com\/?p=11120"},"modified":"2025-06-21T00:05:20","modified_gmt":"2025-06-21T00:05:20","slug":"trump-extends-date-of-tiktok-sale-for-third-time","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=11120","title":{"rendered":"Trump extends date of TikTok sale for third time"},"content":{"rendered":"<div>President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States, reported AFP.<\/p>\n<p>&#8220;I&#8217;ve just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025),&#8221; Trump posted on his Truth Social platform, putting off the ban for the third time.<\/p>\n<p>A federal law requiring TikTok&#8217;s sale or ban on national security grounds was due to take effect the day before Trump&#8217;s January inauguration.<\/p>\n<p>The Republican, whose 2024 election campaign relied heavily on social media, has previously said he is fond of the video-sharing app.<\/p>\n<p>&#8220;I have a little warm spot in my heart for TikTok,&#8221; Trump said in an NBC News interview in early May. &#8220;If it needs an extension, I would be willing to give it an extension.&#8221;<\/p>\n<p>TikTok on Thursday welcomed Trump&#8217;s decision.<\/p>\n<p>&#8220;We are grateful for President Trump&#8217;s leadership and support in ensuring that TikTok continues to be available for more than 170 million American users,&#8221; the platform said in a statement.<\/p>\n<p>Digital Cold War?<\/p>\n<p>Motivated by a belief in Washington that TikTok is controlled by the Chinese government, the ban took effect on January 19, one day before Trump&#8217;s inauguration, with ByteDance having made no attempt to find a suitor.<\/p>\n<p>TikTok &#8220;has become a symbol of the US-China tech rivalry; a flashpoint in the new Cold War for digital control,&#8221; said Shweta Singh, an assistant professor of information systems at Warwick Business School in Britain.<\/p>\n<p>Trump had long supported a ban or divestment, but reversed his position and vowed to defend the platform &#8212; which boasts almost two billion global users &#8212; after coming to believe it helped him win young voters&#8217; support in the November election.<\/p>\n<p>The president announced an initial 75-day delay of the ban upon taking office. A second extension pushed the deadline to June 19.<\/p>\n<p>He said in May that a group of purchasers was ready to pay TikTok owner ByteDance &#8220;a lot of money&#8221; for the video-clip-sharing sensation&#8217;s US operations.<\/p>\n<p>Trump knows that TikTok is &#8220;wildly popular&#8221; in the United States, White House spokeswoman Karoline Leavitt told reporters on Thursday, when asked about the latest extension.<\/p>\n<p>&#8220;He also wants to protect Americans&#8217; data and privacy concerns on this app, and he believes we can do both things at the same time.&#8221;<\/p>\n<p>The president is &#8220;just not motivated to do anything about TikTok,&#8221; said independent analyst Rob Enderle. &#8220;Unless they get on his bad side, TikTok is probably going to be in pretty good shape.&#8221;<\/p>\n<p>Tariff turmoil<\/p>\n<p>Trump said in April that China would have agreed to a deal on the sale of TikTok if it were not for a dispute over his tariffs on Beijing.<\/p>\n<p>ByteDance has confirmed talks with the US government, saying key matters needed to be resolved and that any deal would be &#8220;subject to approval under Chinese law.&#8221;<\/p>\n<p>Possible solutions reportedly include seeing existing US investors in ByteDance roll over their stakes into a new independent global TikTok company.<\/p>\n<p>Additional US investors, including Oracle and private equity firm Blackstone, would be brought on to reduce ByteDance&#8217;s share in the new TikTok.<\/p>\n<p>Much of TikTok&#8217;s US activity is already housed on Oracle servers, and the company&#8217;s chairman, Larry Ellison, is a longtime Trump ally.<\/p>\n<p>Uncertainty remains, particularly over what would happen to TikTok&#8217;s valuable algorithm.<\/p>\n<p>&#8220;TikTok without its algorithm is like Harry Potter without his wand &#8211; it&#8217;s simply not as powerful,&#8221; said Kelsey Chickering, principal analyst at Forrester.<\/p>\n<p>Despite the turmoil, TikTok has been continuing with business as usual.<\/p>\n<p>The platform on Monday introduced a new &#8220;Symphony&#8221; suite of generative artificial intelligence tools for advertisers to turn words or photos into video snippets for the platform.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States, reported AFP. &#8220;I&#8217;ve just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025),&#8221; Trump posted on his Truth Social platform, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-11120","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/11120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11120"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/11120\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}