News > US not extending TikTok divestiture deadline, but talks expected to continue

US not extending TikTok divestiture deadline, but talks expected to continue

The Trump administration on Friday opted not to grant ByteDance a new extension of an order requiring the Chinese company to divest TikTok’s US assets, but talks between the company and government are expected to continue over the short video-sharing app’s fate.

Last week, the Committee on Foreign Investment in the United States granted ByteDance a one-week extension until Friday over the order to shed TikTok’s US assets.