In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China.President Donald Trump on Tuesday extended the deadline for ByteDance to divest TikTok's U.S. business or be banned in the U.S. after a cabinet member on Monday said a "framework deal" had been reached.The extension comes as The Wall Street Journal on Tuesday reported that under the framework deal, about 80% of TikTok's U.S. business would be owned by an investor consortium that includes Or ...