TikTok U.S. operations have been controversial for a while, given how the government has been constantly pushing for a ban on the app, while the users and ByteDance are seeking a less extreme alternative. Earlier, the temporary ban on social media platforms caused quite an uproar, and President Donald Trump assured us of a less severe solution. The fate of the company in the U.S. continues to hang in the air, as the President has now signed another executive order that would allow TikTok to continue operations in the country for seventy-five more days.President Donald Trump extends an executive order to allow TikTok to continue with their U.S. operations for an additional 75 daysWhile TikTok was officially banned from continuing operations in the U.S. on January 19th, 2025, after stirring much debate, President Donald Trump ordered for the ban to be delayed for 75 days, giving enough time to decide the future of the company. It was also extended to potentially give TikTok space to look for a U.S.-based company to negotiate a sale with. While the grace period granted is to end tomorrow, TikTok seems to have been granted an additional two and half months to strike a deal.While sharing the update on the TikTok situation, President Trump stated on Truth Social about the incredible progress made in sealing a deal in order to secure TikTok's future in the country. Many big companies such as Oracle, Amazon, Perplexity are said to have made offers and high-profile individuals seem to involved in the situation including MrBeast and Kevin O' Leary of Shark Tank.While the government seems to be extending the grace period for TikTok to operate in the U.S., TikTok's parent company, ByteDance, has shown no interest in selling part of its operations to another company in the country. China has yet to approve any potential deals, so the process is still ongoing. One way Trump plans to deal with the situation is to place tariffs to push more aggressively for negotiation.Another potential solution being considered is involving multiple U.S. investors to acquire partial ownership of TikTok, with ByteDance not fully transferring ownership, but instead licensing TikTok's algorithm. It is yet to be seen if such a solution complies with the legal requirement of the current law. Till that is clear, the future of TikTok in the U.S. continues to be in oblivion.Deal of the Day