Investors Await TikTok Deal Deadline Decision

A billionaire investor, Frank McCourt, expressed frustration over delays in the sale of TikTok’s US operations, as the deadline approaches for its Chinese owner, ByteDance, to divest or face a ban. US President Trump is expected to extend this deadline for the fifth time, despite earlier hopes for a deal during a meeting with Chinese President Xi. Other notable investors interested in the acquisition include Larry Ellison and Michael Dell. Analysts predict another extension is likely, given the lack of progress in negotiations.

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