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Trump extends deadline to keep TikTok running in US (www.bbc.com)

submitted 5 days ago by newsBot@metawire.eu to c/BBC@metawire.eu

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The president has granted the app a second 75-day extension to comply with a law that requires it to either sell its US assets or face a ban.

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[–] MrTrono@lemmy.world 2 points 4 days ago

No, but the law has a 5 year limitation and imposes a fine on companies hosting the app 5000 per user/download. So this would give the next president (assuming there are more elections) the ability to levy massive fines on Google, Apple, and Oracle.

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