Washington.
On Friday, US President Donald Trump extended the deadline to find a non-Chinese buyer or to face the ban in the United States, allowing 75 days to find a solution.
“My administration works very hard for the deal to save the tick, and we have made great progress,” Trump said only hours before the deadline.
“The deal demands more works to ensure all the necessary confirmations have been signed, so I sign an executive order to preserve the tip and work for an additional 75 days.
The huge popular video exchange program, which has more than 170 million Americans, is under the threat of US legislation, which accounts for separation from its Chinese owner or stop in the United States.
Trump has claimed that his administration is close to the deal to find the buyer for Tiktok and keep it from turning it off, which includes many investors.
Subject, while confirming that negotiations on finding a solution to the US government, warned that the “main issues” remained.
“No agreement has been implemented,” it has been decided that “it will be confirmed by the Chinese legislation,” he added.
In Washington, due to the fears and faith of national security, which is controlled by China’s government, the ban has entered into force on January 19, one day before the inauguration of Trump.
Tiktok was temporarily closed in the United States and disappeared from the App Stores to Dead Millions of Users.
But the Republican president quickly stated that the initial 75-day delay was restored to users, returning to Apple and Google App Stores in February.
The new 75-day postponement drives the deadline until June 19.
Trump has repeatedly reduced the risks that the tip is in danger, saying that it is confident that he will find confidence to find a buyer for the US business.
The President added on Friday that he would “continue to work with a good faith with China,” the government must deal with the transaction.
The President suggested that Tiktok could even be a broader deal with China to relieve the tempting tariffs imposed on Beijing.
“We don’t want Tiktok” dark. ” We look forward to working to close the deal with Titsk and China, “he added.
According to reports, you would see the solution in the works that there is a horrible bypass to the US investors in the field of their stakes to the newly independent global ticket company.
Additional US investors, including Oracle and Blackstone, will be presented to reduce the share of the Boss in New Detroot.
Most of Tiktok’s US Activities have already been located on Oracle servers, and the company’s president Larry Elison is a long trump.
On Friday, ABC News reports that Walmart was also in the mixture that stimulated by Amazon to buy the app.
Walmart and Ordlan used to buy rumors in the United States formerly when Trump tried to close the company of his Chinese owners during his first administration.
Trump has long supported the ban or deviation, but recently defended the Tickkok, seeing it as a reason why he supported him in November.
– What about algorithm? A little
Uncertainty remains, in particular, what will be with a valuable algorithm of Tiktok?
“Talked without his algorithm is like Harry Potter without his wand, it’s just not so powerful,” said Forrester.
Different media reports suggest that the new company can license the algorithm, which would be presented in Tiktok.
But such an agreement was against the spirit of the law, which partially on the side that the Tustom Algorithm can have weapons against our interests by the Chinese.
(Except for the title, this story has not been edited by NDTV staff and is published in syndicated feed).
