WASHINGTON—Federal officials granted TikTok and its Chinese parent ByteDance Ltd. a 15-day extension of a deadline for completing a divestiture deal, in another delay of the Trump administration’s efforts to turn the social-media app into an American company, according to a court filing.

The deadline extension to Nov. 27 was granted by the Committee on Foreign Investment in the U.S., a U.S. panel that oversees cross-border mergers and acquisitions, according to the filing by TikTok Friday in the U.S. District Court in Washington,…

This post first appeared on wsj.com

You May Also Like

Home Depot Forecasts Earnings Drop This Year

Business Earnings Home-improvement retailer says $1 billion in wage increases to hourly…

Burning Man crowd stuck in muddy venue, but there’s ‘no cause for panic,’ CEO says.

The CEO of Burning Man said Sunday that the situation at the…

Uber Posts Higher Revenue and Adjusted Profit

Business Earnings Ride-hailing company beats Wall Street estimates, projects accelerated bookings growth…

American Vets: Benefits, Race & Inequality

IE 11 is not supported. For an optimal experience visit our site…