If ByteDance does not divest TikTok by April 5, the app could go dark once again. President Trump has already addressed how he plans to prevent the ban.

TikTok, which boasts more than 170 million users, has been under fire by U.S. legislators over concerns about data privacy and national security. In order to save the app, Trump gave the social media site until April 5 to divest and find a U.S.-based owner.

Three senators have warned President Donald Trump that his handling of the TikTok ban puts Apple and other tech companies at risk of liability, potentially costing firms hundreds of billions of dollars.

The Information reports that later today, Trump plans to announce a plan for “TikTok America,” a new company with 50 percent ownership by unnamed new US investors, a one-third stake for existing ByteDance investors, and a 19.9 percent share for ByteDance. It would apparently license TikTok’s algorithm from ByteDance.

Amazon.com has put in a last-minute offer to buy short-form video app TikTok, New York Times reported on Wednesday, citing sources familiar with the matter. (Reporting by Akash Sriram in Bengaluru; Editing by Shreya Biswas) Copyright 2025 Thomson Reuters.

If ByteDance does not sell TikTok by April 5, the app could be banned again. Donald Trump plans to stop it. Here's what to know before the deadline.

Venture capital group could join last-gasp bid by allies of Donald Trump to take control of video app owned by ByteDance