Trump intends to extend TikTok sale deadline, WSJ reports

U.S. President Donald Trump intends to give social media app another extension to a deadline that would force the company to sell itself or be banned in the U.S., the Wall Street Journal’s Alex Leary reports. With the current mid-June deadline quickly approaching and with China trade talks currently in flux, the president is anticipated to sign an executive order staving off enforcement of the law that would ban the video-sharing app, the author says, citing people familiar with the matter. Publicly traded companies in the social media space include Meta Platforms (META), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).