US President Donald Trump extended the timeframe for finding a non-Chinese buyer for TikTok by 75 days, stating this will ensure necessary approvals are secured. His administration has made progress on a deal and is in touch with four prospective buyers. National security concerns regarding data access by China spurred Congress to push for TikTok's divestment, a decision endorsed by President Biden. TikTok's parent company, Bytedance, asserts that the app is not for sale, while aiming for a resolution with US authorities to maintain operations.
US President Donald Trump has given his administration an additional 75 days to secure a non-Chinese buyer for TikTok, aiming to avoid a ban.
In a recent Truth Social post, Trump emphasized that his team has been actively working on a deal to alleviate national security concerns surrounding TikTok.
Despite the ongoing efforts, TikTok's parent company Bytedance asserts that the platform is not for sale and reiterates its commitment to user safety.
The U.S. Congress mandated the sale of TikTok due to fears over personal data access by the Chinese government, which sparked this complex negotiation.
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