Overview

• Donald Trump announced a second 75-day extension for ByteDance to sell TikTok's U.S. operations, moving the deadline to mid-June 2025.
• The extension comes as negotiations with potential buyers, including Oracle and Perplexity AI, reportedly advance but remain unresolved.
• The U.S. government mandated the sale of TikTok's U.S. operations in 2024 over national security concerns tied to its Chinese ownership.
• TikTok, with 170 million U.S. users, continues to operate after a temporary ban in January 2025 was lifted following the first extension.
• The resolution of TikTok's ownership could set a precedent for future cases involving foreign-owned technology platforms under U.S. scrutiny.