Trump: TikTok Deal Nears

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TikTok

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Technology

Trump says TikTok deal is in the works. Here's where things stand with the company

Summary

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President Donald Trump says TikTok deal is in the works.

A law requiring its China -based parent company to divest or face a ban took effect on Jan. 19 .

After taking office, Trump gave TikTok a 75-day reprieve by signing an executive order that delayed enforcement of the statute until April 5 .

If ByteDance sits down to negotiate, the company would likely need to iron out major details with the U.S. over the proprietary algorithm that populates TikTok feeds as well as the flow of content between the U.S. and the rest of the world. _________ Associated Press reporters Michelle Price and Didi Tang contributed to this story from Washington . Haleluya Hadero (), The Associated Press .