U.S. President Donald Trump said he would extend the June 19 deadline for ByteDance to divest its U.S. assets for TikTok if no deal is reached by then, Andrea Shalal of Reuters reports. “I would … I’d like to see it done,” Trump told the NBC News program “Meet the Press with Kristen Welker” in an interview. Additionally, Trump said he had a “sweet spot” for the app after helping him win over young voters for the 2024 presidential election, noting, “TikTok is – it’s very interesting, but it will be protected.” Publicly traded companies in the social media space that compete with TikTok include Meta Platforms (META), Alphabet (GOOG) (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
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