TikTok faces another deadline as a divest-or-ban mandate approaches on April 5th, according to CNBC. Trump delayed enforcement via executive order, extending ByteDance’s deadline to sell U.S. operations. While TikTok remains silent, creators and brands hedge by expanding to other platforms. Trump expressed optimism a deal would be reached and suggested lowering China tariffs to help it through. Posting data shows a shift toward Instagram and YouTube as creators reallocate content ahead of April.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02TikTok faces another deadline as a divest or ban mandate approaches on April 5th,
00:06according to CNBC. President Trump delayed enforcement via executive order,
00:10extending ByteDance's deadline to sell U.S. operations. While TikTok remains silent,
00:15creators and brands are hedging by expanding to other platforms. President Trump expressed
00:19optimism a deal would be reached and suggested lowering China tariffs to help it through.
00:24Posting data shows a shift toward Instagram and YouTube as creators reallocate content
00:29ahead of April. For all things money, visit Benzinga.com slash GSTV.