ByteDance Confirms US Talks on TikTok After Trump Gives Reprieve

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.

In a statement, the company said Friday that key matters still need to be resolved and that any agreement would need to be approved under Chinese law. Under the extension announced by Trump, ByteDance has an additional 75 days to reach a deal that would sell TikTok’s US business to an American buyer and avoid a ban that had been set to ...