President Donald Trump said he has decided to extend the deadline for Chinese firm ByteDance Ltd. to divest TikTok’s US operations and give his administration more time to finalize a plan to keep the popular app running in the the country.
Trump said he will give Beijing-based ByteDance an additional 75 days to agree to a deal that would sell TikTok’s US operations to an American buyer and avoid a ban that was set to take effect as soon as this weekend.
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