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Trump administration grants ByteDance extension of divestiture order for TikTok

The Trump administration has granted ByteDance a 15-day extension of a divestiture order that had directed the Chinese company to sell the short video sharing app TikTok by Thursday.
 
In a court filing on Friday, TikTok said it now has until November 27 to reach an agreement.
 
ByteDance has been in talks for a deal with Walmart and Oracle to shift TikTok's U.S. assets into a new entity. 


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