TikTok Faces April 5 Deadline as Four Groups Engage in Purchase Talks
- TikTok may gain new owners or face a ban by April 5, 2025, as confirmed by President Donald Trump after an executive order reprieved its ban until that date.
- Several bidders, including Perplexity AI and a consortium led by Frank McCourt, are reportedly pursuing TikTok, with offers around $20 billion noted.
- Concerns remain about U.S. Ownership and involvement in TikTok's operations as the April 5 deadline approaches.
205 Articles
205 Articles

TikTok extension expiring soon: Will the app be banned?
(NEXSTAR) – It's been seven weeks since Donald Trump assumed the presidency, a role in which he promised to "save TikTok" (among many other campaign promises). Time is running out to find a way to keep the app around, at least according to his original extended deadline. Last year, Congress passed a bill banning the app unless its Chinese parent company, ByteDance, divested. But when Trump took office, he signed an executive order pushing back t…


Where things stand with TikTok less than a month before its next sale deadline
After taking office, President Donald Trump gave TikTok a 75-day reprieve by signing an executive order that delayed enforcement of the statute until April 5.

Trump says TikTok deal is in the works. Here’s where things stand with the company
By HALELUYA HADERO In less than a month, TikTok could have one or a few new owners, be banned again, or simply receive another reprieve to continue operating in the United States. Questions about the fate of the popular video sharing app have continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan. 19. After taking office, President Donald Trump gave TikTok a 75-day reprieve by signing …
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