The way forward for TikTok stays unsure, however with the app’s restoration on the App Retailer following its January 19, 2025, ban deadline, it appears to be doing higher than anticipated. The corporate had been underneath strain to safe a purchaser to adjust to a legislation signed by Joe Biden in April 2024. Nevertheless, this deadline was postponed after an government order from President Donald Trump on January 20, 2025.
Amid rumors of main corporations presumably expressing an curiosity to purchase the platform, discover out extra on what may occur to TikTok beneath.
How Lengthy Does Trump’s Extension on the TikTok Ban Final?
President Trump’s government order on January 20, 2025, granted a 75-day extension, set to finish on April 5. Trump prompt that the interval is perhaps prolonged additional.
“I’ve 90 days from about two weeks in the past, and I’m certain it may be prolonged, however let’s see,” he mentioned, seemingly misstating the timeline in his government order. “We have now lots of people eager about TikTok.”
On April 4, 2025, Trump introduced that the ban was pushed one other 75 days. Per a Reality Social announcement, the president wrote, “My administration has been working very laborious on a Deal to SAVE TIKTOK, and we have now made large progress. The deal requires extra work to make sure all needed approvals are signed, which is why I’m signing an government order to maintain TikTok up and working for a further 75 days.”
Trump added, “We hope to proceed working in good religion with China, who I perceive aren’t very blissful about our reciprocal tariffs (needed for truthful and balanced commerce between China and the usA.!). This proves that Tariffs are essentially the most highly effective financial instrument, and essential to our nationwide safety! We don’t need TikTok to ‘go darkish.’ We sit up for working with TikTok and China to shut the deal.”
Has TikTok Been Purchased by a New Firm?
TikTok has but to be bought by one other firm, however rumors have swirled that Amazon and Walmart have been eager about collaborating in an funding.
Since President Trump’s extension, a number of prospects have emerged. In keeping with NPR final month, Oracle, Microsoft, and different American buyers are making ready a bid to amass TikTok’s U.S. operations, with steerage from prime White Home officers. Moreover, in early February, President Trump talked about that with the creation of the sovereign wealth fund, he was “going to be doing one thing maybe with TikTok,” additional hinting at the opportunity of the U.S. authorities taking part in a job within the sale of the social media app.
Who Owns TikTok?
As of April 2025, TikTok continues to be owned by ByteDance, a Beijing-based tech firm.
How Is TikTok Again in App Shops?
TikTok turned obtainable for obtain as soon as once more from the Apple App Retailer and Google Play Retailer shortly after the platform went darkish on January 18, 2025.
Apple and Google obtained a letter from Legal professional Normal Pam Bondi informing the businesses that the Trump administration wouldn’t prosecute them for supporting TikTok, in response to sources reported by NPR. Nevertheless, underneath the legislation that will ban the app, corporations doing enterprise with TikTok would face fines of $5,000 per U.S. consumer who can nonetheless entry the app. The app claims round 170 million U.S. customers, so the penalties may add as much as tons of of billions of {dollars}.
