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ByteDance has until December 4th to sell or spin out TikTok in the US

The Trump administration wo n’t enforce its own deadline for the company to sell or spin out video-sharing platform TikTok’s business in the US, according to Bloomberg.

The latest deadline was given by the committee on foreign investment in the United States on November 28th. An extension is n’t expected, though the current deadline will’be overlooked while the discussions continue’.

Cnn tech reporter Brian Fung is corroborating that the US wo n’t enforce its own deadline. The lack of a deadline is proof the US is’highly motivated’ to complete talks about the sale.

Us officials are’highly motivated’ to complete the talks, the person said. The lack of a new, specific deadline is indicative of that.

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