the staff of the Ridgewood blog
Ridgewood NJ, the clock is ticking for TikTok in the United States. The wildly popular social video app is facing a critical deadline: sell its U.S. operations by tomorrow—or face a nationwide ban.
Several high-profile companies and individuals are rumored to be making last-minute bids, including Amazon, mobile tech firm AppLovin, AI search engine Perplexity, and major investors such as Marc Andreessen and Larry Ellison of Oracle. Even YouTube superstar MrBeast is reportedly showing interest in acquiring the U.S. business.
Why TikTok Is Facing a Ban
The controversy stems from national security concerns surrounding TikTok’s Chinese ownership by ByteDance. In April 2024, U.S. lawmakers passed a law requiring ByteDance to divest TikTok’s U.S. operations, a decision that was upheld by the Supreme Court in January 2025.
The app was briefly shut down on January 18, just one day before the original ban deadline. However, TikTok returned to U.S. app stores shortly after President-elect Donald Trump indicated he would delay enforcement of the law.
Trump’s Executive Order and Deadline
In a Day One executive order, President Trump granted TikTok 75 days to find a buyer or face an official ban from U.S. app stores and digital services. That deadline expires tomorrow.
While Trump has stated he may extend the delay if no deal is reached, there’s still no confirmation that TikTok is prepared to sell—raising uncertainty for its 170+ million American users and thousands of U.S.-based content creators.
What’s Next for TikTok?
With major tech companies and investors still circling, a deal could happen at the last minute. However, legal analysts have raised questions about the enforceability of the executive order and whether TikTok would challenge the sale mandate in court.
If no agreement is made by the deadline and the extension is not granted, TikTok could be removed from U.S. app stores, cutting off new downloads and updates—a move that would significantly impact its presence and future in the American market.
Take the Wall Street Walking Tour https://www.facebook.com/unofficialwallstreet
#WallStreetTours,#FinancialDistrictExploration, #ExploreWallStreet, #FinancialHistoryTour, #StockMarketExperience, #FinancialDistrictDiscovery, #NYCFinanceTour,#WallStreetAdventure