TikTok will go dark June 19 unless Trump gives it another lifeline
TikTok is once again on the verge of being banned in the US.
Parent company ByteDance has until June 19 to reach a deal to either sell off the short-form video app or shut it down, leaving its 170 million users in the dark.
President Trump previously signaled that he was open to extending the deadline for the sale a third time. The app briefly went offline in January, but Trump pushed the date to April as negotiations around a sale continued to drag on.
He signed a second executive order extending the deadline again, but that will expire Thursday. Trump has the option to further extend the sale date, but questions remain about how long he can continue to move the deadline before ByteDance is finally forced to sell or turn off the app.
https://finance.yahoo.com/news/tiktok-will-go-dark-june-19-unless-trump-gives-it-another-lifeline-201509054.html