US President Donald Trump has once again extended the deadline for China's ByteDance to divest the US assets of video app TikTok.
The company was set to be forced to sell the operations by June 19, or face a ban. This is the third time the date has been pushed back.
ByteDance now has until mid-September.
The company faced a similar ban way back in 2020 during the first Trump administration.
At the time, the company primarily used Google Cloud in the US alongside colocation deployments. But, during negotiations that also saw Microsoft make a bid, ByteDance said that it would sell its US division to Oracle and Walmart.
After Trump lost reelection, the sale was dropped, but TikTok still decided to move US data to Oracle Cloud in the hopes of avoiding further scrutiny.
That did not work. In the last year of the Biden Administration, the ban was once again enforced, this time with it set to come in at the start of Trump's second term.
Trump pushed the ban back to April, and then again to June. Now it has moved once more. Whether he has the legal authority to extend the ban, which was passed by the House, Senate, and the previous President, is unclear.
Microsoft and Oracle are both once again bidding for the company, as is MrBeast, Perplexity AI, billionaire Frank McCourt, and others.
Several complexities still exist, including how the Chinese government will approach any such deal. "Probably have to get China approval but I think we'll get it," Trump said on Air Force One this week. "I think President Xi will ultimately approve it."
Negotiations over TikTok have been intertwined with broader discussions on tariffs and rare earth metals.
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