TikTok Ban Delayed as ByteDance Seeks U.S. Buyer

President Trump issues a 75-day pause on TikTok's ban to allow negotiations for ByteDance's divestiture, while the app remains unavailable in U.S. app stores.

• The U.S. Supreme Court upheld a law requiring ByteDance to sell TikTok's U.S. operations by January 19, or face a nationwide ban, citing national security concerns.
• President Trump delayed enforcement of the ban by 75 days through an executive order, allowing ByteDance more time to negotiate a sale to an American buyer.
• Apple and Google have not reinstated TikTok in their app stores due to potential legal exposure, despite the app being temporarily restored for existing users.
• Potential buyers include Elon Musk, Larry Ellison, and investor groups led by Kevin O’Leary and Frank McCourt, though no deal has been finalized.
• Legal experts highlight uncertainties around Trump’s executive order, as it does not change the law, leaving TikTok's future in the U.S. unresolved.

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