President Trump has signed an executive order extending TikTok’s operation in the US for 75 days, according to reports.
The move gives his administration more time to negotiate a deal for American ownership.
Earlier this year, Congress had mandated that TikTok be divested from its China-based owner, ByteDance, by January 19 due to national security concerns, but Trump unilaterally extended the deadline.
While US companies, including Amazon and Oracle, have expressed interest in acquiring a stake, ByteDance has refused to sell TikTok or its proprietary algorithm.
Trump stated that his administration has made "tremendous progress" toward a deal but needs more time to finalize approvals. He emphasized his commitment to keeping the platform running while working with both TikTok and Chinese officials.
TikTok, which has headquarters in Singapore and Los Angeles, insists it prioritizes user safety, while China’s Foreign Ministry denies that the government demands access to foreign data.
This marks the second time Trump has delayed the enforcement of a bipartisan 2024 law banning TikTok unless ByteDance divests. The Supreme Court upheld the law, citing national security risks.