TRUMP EXTENDS US TIKTOK SELL-OFF DEADLINE ONCE AGAIN

Summary from the TLDR Marketing newsletter

Trump has granted a second 75-day extension to TikTok's US sell-off deadline despite the app technically being banned under existing law. The proposed deal would spin off TikTok's US operations while leasing its algorithm. The new ownership structure would leave ByteDance with a 19.9% stake. China has already rejected the terms.