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TikTok faces new US deadline to ditch Chinese owner
President Donald Trump said his administration was “very close” to a deal to find a buyer for TikTok Read more at straitstimes.com. Read more at straitstimes.com.
The hugely popular video-sharing app, which has more than 170 million American users, is under threat from a US law that passed overwhelmingly last year and orders TikTok to split from its Chinese owner ByteDance or get shut down in the United States. That delay is set to expire at midnight (12pm in Singapore) on April 5, but Mr Trump has repeatedly downplayed risks that TikTok is in danger, saying he remains confident of finding a buyer for the app’s US business. Artificial intelligence startup Perplexity recently expressed interest in buying TikTok, as did a joint venture involving YouTube mega-celebrity MrBeast and another bid from adult content platform OnlyFans.
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