US Edition'Investors in Limbo'. Will the TikTok Deal's Deadline Be Extended Again?
6 Articles
6 Articles
Deal for Americans to Buy China's TikTok Remains in Limbo as Latest Deadline Looms
The fate of TikTok's U.S. operations remains uncertain as another deadline for the app's sale approaches, leaving interested American investors in a state of limbo. The post Deal for Americans to Buy China’s TikTok Remains in Limbo as Latest Deadline Looms appeared first on Breitbart.
TikTok US Operations in Limbo as 2025 Ban Deadline Nears
As the clock ticks toward yet another potential deadline for TikTok’s U.S. operations, a familiar sense of uncertainty grips investors and stakeholders. The popular short-video app, owned by China’s ByteDance Ltd., has been ensnared in a protracted saga of national security concerns, executive orders, and elusive dealmaking. What began as a 2020 executive order under President Donald Trump mandating the divestiture of TikTok’s American assets ha…
In September, US President Donald Trump announced in a White House press brief that there was a deal for the sale of TikTok's US business. We have a deal on TikTok ... We have a group of very big companies that want to buy it. Shortly thereafter, the first possible details were announced. Because after Trump had granted a further extension of the deadline for this transaction until December 16, concrete plans were forged. However, there is now g…
American investors eye TikTok takeover
American billionaire Frank McCourt, who is trying to buy a stake in the popular app TikTok, told the BBC that there is a lot of uncertainty as the platform's latest sale deadline approaches. TikTok, which is owned by the Chinese company ByteDance, faces a possible ban in the United States if sales are not made in time. The United States has repeatedly delayed the deadline by which the Chinese owner must sell the app, failing which the platform w…
TikTok US Sale Remains Uncertain as Investor Says He Is Waiting on Another Deadline Extension
A billionaire investor seeking to buy TikTok’s U.S. operations says he remains in a holding pattern as another deadline approaches for the app’s Chinese owner to sell the platform or face a ban in the United States. Investor Awaiting Clarity as Deadline Nears Frank McCourt, whose investment group has expressed interest in acquiring TikTok’s U.S. business, told BBC News that no progress has been made as the latest deadline looms. The United State…
'Investors in Limbo'. Will the TikTok Deal's Deadline Be Extended Again?
An anonymous reader shared this report from the BBC: A billionaire investor keen on buying TikTok's US operations has told the BBC he has been left in limbo as the latest deadline for the app's sale looms. The US has repeatedly delayed the date by which the platform's Chinese owner, Bytedance, must sell or be blocked for American users. US President Donald Trump appears poised to extend the deadline for a fifth time on Tuesday. "We're just stan…
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