TikTok‘s U.S. public law chief, Michael Beckerman, is leaving his Washington-based function to shift to a worldwide advisory position.
The departure comes as President Donald Trump just recently extended the due date for ByteDance‘s sale of TikTok’s U.S. properties by 75 days, The Info reported on Wednesday, pointing out a personnel memo.
ByteDance did not instantly react to Benzinga’s ask for remark.
On the other hand, competitors to get TikTok’s worldwide operations heightens, with AppLovin Corp. APP validating an initial quote in an exchange filing. Amazon.com Inc. AMZN and a group led by OnlyFans creator Tim Stokely are apparently checking out possible quotes.
Beijing’s resistance makes complex the sale, which impacts over 170 million American users. The White Home has actually taken an active function in settlements, with Vice President JD Vance revealing optimism that terms will be settled by the due date that was set on April 5.
This forced divestiture takes place in the middle of wider tech market examination, as Meta Platforms Inc. META at the same time battles a Federal Trade Commission antitrust case looking for divestiture of Instagram and WhatsApp. District attorneys declare Meta utilized a prohibited “purchase or bury” method to control social networking.
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