Space Industry and Business News
INTERNET SPACE
Trump extends deadline for TikTok sale by 90 days
Trump extends deadline for TikTok sale by 90 days
by AFP Staff Writers
Washington (AFP) June 19, 2025

President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States.

"I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)," Trump posted on his Truth Social platform, putting off the ban for the third time.

A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's January inauguration.

The Republican, whose 2024 election campaign relied heavily on social media, has previously said he is fond of the video-sharing app.

"I have a little warm spot in my heart for TikTok," Trump said in an NBC News interview in early May. "If it needs an extension, I would be willing to give it an extension."

TikTok on Thursday welcomed Trump's decision.

"We are grateful for President Trump's leadership and support in ensuring that TikTok continues to be available for more than 170 million American users," the platform said in a statement.

- Digital Cold War? -

Motivated by a belief in Washington that TikTok is controlled by the Chinese government, the ban took effect on January 19, one day before Trump's inauguration, with ByteDance having made no attempt to find a suitor.

TikTok "has become a symbol of the US-China tech rivalry; a flashpoint in the new Cold War for digital control," said Shweta Singh, an assistant professor of information systems at Warwick Business School in Britain.

Trump had long supported a ban or divestment, but reversed his position and vowed to defend the platform -- which boasts almost two billion global users -- after coming to believe it helped him win young voters' support in the November election.

The president announced an initial 75-day delay of the ban upon taking office. A second extension pushed the deadline to June 19.

He said in May that a group of purchasers was ready to pay TikTok owner ByteDance "a lot of money" for the video-clip-sharing sensation's US operations.

Trump knows that TikTok is "wildly popular" in the United States, White House spokeswoman Karoline Leavitt told reporters Thursday, when asked about the latest extension.

"He also wants to protect Americans' data and privacy concerns on this app, and he believes we can do both things at the same time."

The president is "just not motivated to do anything about TikTok," said independent analyst Rob Enderle. "Unless they get on his bad side, TikTok is probably going to be in pretty good shape."

- Tariff turmoil -

Trump said in April that China would have agreed to a deal on the sale of TikTok if it were not for a dispute over his tariffs on Beijing.

ByteDance has confirmed talks with the US government, saying key matters needed to be resolved and that any deal would be "subject to approval under Chinese law."

Possible solutions reportedly include seeing existing US investors in ByteDance roll over their stakes into a new independent global TikTok company.

Additional US investors, including Oracle and private equity firm Blackstone, would be brought on to reduce ByteDance's share in the new TikTok.

Much of TikTok's US activity is already housed on Oracle servers, and the company's chairman, Larry Ellison, is a longtime Trump ally.

Uncertainty remains, particularly over what would happen to TikTok's valuable algorithm.

"TikTok without its algorithm is like Harry Potter without his wand -- it's simply not as powerful," said Kelsey Chickering, principal analyst at Forrester.

Despite the turmoil, TikTok has been continuing with business as usual.

The platform on Monday introduced a new "Symphony" suite of generative artificial intelligence tools for advertisers to turn words or photos into video snippets for the platform.

dw/aha/ksb/acb

ORACLE

THE BLACKSTONE GROUP

Related Links
Satellite-based Internet technologies

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
INTERNET SPACE
Trump extends TikTok deadline for third time
Washington (AFP) June 17, 2025
US President Donald Trump will this week give TikTok a fresh 90-day extension to find a non-Chinese buyer, the White House said Tuesday, the third time he has put off a threatened ban on the popular app. A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's January inauguration. "President Trump will sign an additional Executive Order this week to keep TikTok up and running. As he has said many times, President Trump does not want ... read more

INTERNET SPACE
Toxic legacies of mining scar South Africa's Soweto and contaminate Thai rivers from Myanmar operations

New Zealand targets leadership in superconducting space tech with new research alliance

Trump pocketed over $57 mn from crypto coin sales

Decarbonizing steel is as tough as steel

INTERNET SPACE
Skynet 6A military satellite advances with successful module integration

Skynet 6A reaches integration milestone as Airbus prepares next-gen military satellite

Enveil Secures DIU Contract to Advance Hybrid Space Architecture Data Capabilities

Retired four-star US admiral convicted on corruption charges

INTERNET SPACE
INTERNET SPACE
Breakthrough hybrid model restores orbit accuracy for BeiDou-3 satellites

SpaceX launches advanced GPS satellite for Space Force

Satellites Enhance Navigation Safety on the Mersey with Cutting-Edge Tidal Mapping

Sierra Space Reaches Key Milestone in Space Force R-GPS Program

INTERNET SPACE
Greenwashing rife in EU aviation: consumer groups

Boeing says focus at air show on 'supporting customers', not orders

Turkey to export 48 fighter jets to Indonesia: Erdogan

India, China to 'expedite' restarting direct flights

INTERNET SPACE
Malaysia verifying report of Chinese firm bypassing US tech curbssnow

Smaller smarter sensor delivers precision vacuum measurement across vast pressure range

Taiwan adds China's Huawei, SMIC to export blacklist

New technique links aromatic rings for cleaner production of high-tech materials

INTERNET SPACE
ICEYE radar imaging added to SkyFi satellite data platform

Space lasers, AI used by geospatial scientist to measure forest biomass

NASA's Ready-to-Use Dataset Details Land Motion Across North America

BlackSky Gen-3 delivers very hi-res imagery at warfighting speed - 12 hours after launch

INTERNET SPACE
Toxic Thailand rivers pinned on Myanmar mines

Indonesia revokes most mining permits in dive hotspot after outcry

French Senate adopts bill to regulate fast fashion

Nations call for strong plastics treaty as difficult talks loom

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.