Time’s a-ticking on whether TikTok will be banned in the United States. President Trump has extended the ban deadline a fourth time, claiming a deal with ByteDance and China is forthcoming. However, if the deal does get sealed, we may have to download a completely new app to doomscroll through.
Below, who’s “buying” TikTok , what will happen with the ban , and everything else we know about Trump’s rescue mission.
What’s this about a deal?
“We’ve got a deal on TikTok. I’ve reached a deal with China. I’m going to speak to President Xi [Jinping] on Friday to confirm everything,” Trump said on the morning of September 16. “These are very big companies that want to buy it.”
TikTok’s U.S. business will be owned by a new American entity, an investor consortium that includes Oracle, S