ByteDance Ltd. confirmed it’s in discussions with the US government about plans to keep TikTok running in the US, shortly after President Donald Trump extended a deadline for the Chinese company to divest the app’s American operations.

President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S. for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership.

The president had initially given China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. The company now has 75 additional days.

The Trump administration's work to find an American buyer for the short-video social media site TikTok is on track ahead of the April 5 deadline to reach a deal for non-Chinese ownership, Vice President JD Vance said on Thursday as bids mounted.

TikTok is going to get more time to figure out a plan to stay in the US. President Trump signing another executive order effectively extending the deadline for the company to find US buyers by another 75 days.

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner looks at the looming deadline — again — for a US ban-or-sale of TikTok.

President Donald Trump on Thursday said he would consider a deal for TikTok where China approves the sale of the short video app in exchange for relief from U.S. tariffs on Chinese imports. Trump said that a deal is close on Tiktok,

This Saturday is the deadline for TikTok’s parent company ByteDance to sell the app’s U.S.operations or face a ban in the United States. CBS News has learned that Amazon has now put in a bid to buy TikTok.

The features come at a time when TikTok, which is owned by Chinese company ByteDance, is at risk of an effective ban in the U.S. if it's not sold to an American owner by April 5. YouTube on Thursday announced new video creation tools for Shorts,