Source: Semafor
“US President Donald Trump said Friday he would grant TikTok another 75-day extension to comply with a law that requires the app to either be sold or face a ban in the US. The app was facing a Saturday deadline. … NBC News reported Friday that Trump was weighing a deal that would see China retaining control of TikTok’s prized algorithm, which would be leased to a US company with a minority ownership stake. The Financial Times had previously reported that the White House was close to endorsing a deal for a consortium of US investors, including Andreessen Horowitz and Blackstone, to buy the app’s American operations.” (04/04/25)
https://www.semafor.com/article/04/04/2025/trump-extends-tiktok-ban-deadline