Friday, 24 March, 2023

Trump administration not extending TikTok divestiture deadline, talks to continue

<p>The Trump administration opted not to grant ByteDance a new extension of an order requiring it to divest TikTok&rsquo;s U.S. assets. However, the talks will continue over TikTok&#39;s fate. Last week, the administration granted ByteDance a one-week extension until Friday over the order to shed TikTok&rsquo;s U.S. assets. President Trump in August gave orders to enforce the divestiture order once the deadline expired, but it is unclear when or how the govt may seek to compel divestiture.</p>