TikTok's parent company ByteDance has until April 5 to divest of its U.S. operations, per a deadline that President Donald Trump set in January. Failure to do so means TikTok will be banned in the U.S. market, or at least that's what is supposed to happen under last year's Protecting Americans from Foreign Adversary Controlled Applications Act. And Trump is reportedly saying that a sale will happen before then, though the White House has provided few details.
ByteDance was originally supposed to divest by January 19, 2025, but Trump issued an executive order extending this requirement by 75 days.
We're almost there, and no updates about a potential sale have been made public. And while Trump told reporters on Sunday that "there's tremendous interest in Tiktok" from potential buyers, he didn't mention anything about ByteDance's interest level in them.