The Wall Street Journal: U.S. grants TikTok another extension for divesture deal

The Commerce Department announced two weeks ago that it wouldn’t be able to enforce its order effectively forcing TikTok to shut down pending the outcome of litigation.

Associated Press

WASHINGTON — Federal officials have granted TikTok and its Chinese parent ByteDance Ltd. a weeklong extension of a deadline for completing a divestiture deal, in another delay of the Trump administration’s effort to turn the social-media app into an American company.

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November 26, 2020 at 12:57PM

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