Trump is giving TikTok another 75-day reprieve to find a new buyer as Amazon, MrBeast, and Alexis Ohanian line up to make a deal [Fortune]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Fortune
75 days to give his administration more time to broker a deal to bring the social media platform under American ownership. Congress had mandated that the platform be divested from China by Jan. 19 or barred in the U.S. on national security grounds, but Trump moved unilaterally to extend the deadline to this weekend, as he sought to negotiate an agreement to keep it running. Trump has recently entertained an array of offers from U.S. businesses seeking to buy a share of the popular social media site, but China's ByteDance, which owns TikTok and its closely held algorithm, has insisted the platform is not for sale. “My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress,” Trump posted on his social media platform. “The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days.” Trump added: “We look forward to working
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News
- Mark Zuckerberg's CZI philanthropy stops funding the pro-immigration advocacy group he cofounded [Business Insider]Business Insider
- Meta Platforms (NASDAQ:META) had its price target lowered by analysts at Wedbush from $920.00 to $880.00. They now have an "outperform" rating on the stock.MarketBeat
- Meta (META)'s Data Center is a “Big, Hard Thing to Do,” Says Jim Cramer [Yahoo! Finance]Yahoo! Finance
- Inside OpenAI's ‘code red' [Yahoo! Finance]Yahoo! Finance
- TikTok signs deal to sell U.S. unit to three American investors [BNN Bloomberg (Canada)]BNN Bloomberg
META
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- 10/29/25 - Miss
META
Sec Filings
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- META's page on the SEC website