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Trump extends TikTok deadline for the second time [CNBC]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: CNBC
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok or face an effective ban in the country, marking the second time he takes such action. Prior to Trump's decision, ByteDance faced an April 5 deadline to carry out a “qualified divestiture” of TikTok's U.S. business as required by a signed by former President Joe Biden in April 2024. ByteDance's original deadline to sell TikTok was on Jan. 19, but Trump signed an when he took office the next day that gave the company 75 more days to make a deal. Although the law would penalize internet service providers and app store owners like Apple and Google for hosting and providing services to TikTok in the U.S., Trump's executive order instructed the attorney general to not enforce it. The day before the law went into effect, and TikTok from their respective app stores while TikTok temporarily shut down for American users. It the next day after Trump said he would sig [Read more]

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Stockreport

Trump extends TikTok deadline for the second time [CNBC]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok or face an effective ban in the country, marking the second time he takes such action. Prior to Trump's decision, ByteDance faced an April 5 deadline to carry out a “qualified divestiture” of TikTok's U.S. business as required by a signed by former President Joe Biden in April 2024. ByteDance's original deadline to sell TikTok was on Jan. 19, but Trump signed an when he took office the next day that gave the company 75 more days to make a deal. Although the law would penalize internet service providers and app store owners like Apple and Google for hosting and providing services to TikTok in the U.S., Trump's executive order instructed the attorney general to not enforce it. The day before the law went into effect, and TikTok from their respective app stores while TikTok temporarily shut down for American users. It the next day after Trump said he would sig [Read more]

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