Thursday, August 14, 2025

Creating liberating content

Top stocks to buy (AI image) Top stock market recommendations:

NEW DELHI: The commerce and finance ministries are in dialogue

MUMBAI: ICICI Bank has rolled back its rule requiring new

Related News

Bitcoin surged to a fresh all-time high in early Asian trade on Thursday, crossing $124,000 for the first time, supported by upbeat US market sentiment and policy changes favouring the

Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Force Motors, Maruti Suzuki, and

NEW DELHI: The commerce and finance ministries are in dialogue for the Rs 2,250 crore export promotion mission, with the Expenditure Finance Committee expected to take it up soon, an

MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the

NEW DELHI: Top American specialty glass and technology company Corning is expanding its business in India as it ties up with local contract manufacturer Optiemus through a trademark and licensing

IKEA has opened its first store in West Delhi at Pacific Mall (File photo) MUMBAI: Global trade wars have pushed companies to speed up the diversification of their supply chains

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Trump Extends Deadline for a TikTok Deal

Word Count: 353 | Estimated Reading Time: 2 minutes


President Trump on Friday granted TikTok another reprieve by announcing he would extend the deadline for when the popular app had to make a deal to be separated from its Chinese owner, ByteDance, or face a ban in the United States.

TikTok, which had been facing a Saturday deadline for a deal, now has another 75 days to find a new owner to comply with a federal law that requires it to change its structure to resolve national security concerns. That puts the new deadline for a deal in mid-June.

The delay was President Trump’s second for TikTok this year. He first paused enforcement of the law in January, even after it was unanimously upheld by the Supreme Court.

“The Deal requires more work to ensure all necessary approvals are signed,” Mr. Trump wrote in a post on Truth Social on Friday, adding that “we do not want TikTok to ‘go dark.’” He added that he looked forward to “working with TikTok and China” to close the deal.

Mr. Trump’s latest action signals the intractable nature of the dilemma with TikTok, which has endured years of scrutiny in the United States over its Chinese ties. Even as lawmakers and U.S. officials repeatedly raised questions about whether TikTok was secure, the app cemented its role as a cultural juggernaut, with more than 170 million users in the country who use it to make memes and share videos.

The delay also renewed questions about Mr. Trump’s willingness to put presidential power ahead of the rule of law. The federal law that aimed to change TikTok’s ownership or have the app be banned was passed last year with wide bipartisan support and took effect in January. But Mr. Trump effectively overrode the law when he paused enforcement of it that month.

For now, one thing is certain: TikTok will continue to operate in the United States for the foreseeable future. In January, the app briefly went dark around the time the federal law took effect, before flickering back to life.

TikTok did not immediately return a request for comment.



Source link

Sign In

Welcome ! Log into Your Account