The US authorities will let TikTok run out the clock and ‘overlook’ its personal deadline


Illustration by Alex Castro / The Verge

The Trump administration gained’t implement its personal deadline for ByteDance to promote or spin out video-sharing platform TikTok’s enterprise within the US, based on Bloomberg.

The newest deadline for that transfer, given by the Committee on International Funding in the US (CFIUS) on November 28th, was immediately, December 4th. An extension isn’t anticipated, although the present deadline will “be missed whereas the discussions proceed” between the Trump administration and TikTok, Bloomberg experiences.

CNN tech reporter Brian Fung is corroborating that the US gained’t implement its personal deadline, along with his sources amusingly suggesting that the lack of a deadline is proof that the US is “extremely motivated” to finish talks concerning the sale.

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