US President, Donald Trump has given his administration 75 more days to find a non-Chinese buyer for TikTok before the social media platform face being banned in the country. According to Trump’s Truth Social post, the extension is to ensure all necessary approvals are signed.
Mr. Trump wrote that his administration has been working hard on a deal to save TikTok, and they have made tremendous progress.
He said his administration is in contact with four different groups about a prospective deal, without naming any of them, adding he would like to work with China and TikTok to get the deal done.
A globally accepted way of life, TikTok is a social media platform that allows users to create and share short-form videos.
It has become a cultural phenomenon, transforming the way people consume and create content and may remain so for generations.
Source: DW