TikTok still standing After several months of wrangling, proposals, court rulings, and a few extensions, a deadline set by the Trump Administration’s Treasury Department mandated a sale for the video-sharing app by today, December 4th.
The day has come and gone, and there’s no word of a completed deal or rumor that we’ll hear about one. Instead, Bloomberg reports based on anonymous sources, that the Chinese company and the US government will continue negotiations.
Trump’s administration hasn’t commented yet and neither has officials from TikTok said a word about the sale and ban publicly, but according to the reports, we shouldn’t expect a new deadline.
While the Committee on Foreign Investment (CFIUS) could enact some enforcement of a ban on the company, there’s no indication of when that might happen or in what form. So… we’ll just keep waiting.