US grants China's ByteDance new seven-day extension of TikTok sale order

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WASHINGTON - The Trump administration on Wednesday granted ByteDance a new seven-day extension of a divestiture order that had directed the Chinese company to sell its TikTok short video-sharing app, according to a court filing.

The Trump administration previously had granted ByteDance a 14-day extension of the order issued in August, which was set to expire Friday.Under pressure from the US government, ByteDance has been in talks for months to finalise a deal with Walmart and Oracle to shift TikTok's US assets into a new entity.

 

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