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Trump Gives TikTok Another 75 Days to Strike a Sale

The president says he’s signing an executive order to push back enforcement of the ban again, pushing back the previous deadline of Saturday.

President Donald Trump is giving TikTok more time to sell its US operations, saying that “tremendous progress” has been made toward a deal and pushing off enforcement of a ban that was set to kick in Saturday.

In a Friday afternoon Truth Social post, Trump said that despite that progress, the deal still needs more work, so he’s signing an executive order giving TikTok 75 more days, taking the deadline out to June 19. The move prevents the wildly popular video app from potentially going dark in less than a day.

Trump went on to say that his administration will continue to work with China and credited the tariffs he enacted earlier this week, calling them “the most powerful economic tool” and “very important” to national security.

“We do not want TikTok to ‘go dark,'” Trump said in his post. “We look forward to working with TikTok and China to close the Deal.”

Both TikTok and the Chinese government have long opposed a sale of the company’s US operations and it remains unclear as to if their positions have changed. TikTok didn’t immediately return an email seeking comment.

Read more: TikTok Backups: 6 Similar Apps for Your Daily Dose of Fun

China on Friday reacted to the tariffs Trump spoke of by matching them with its own on US goods, escalating the trade war between the two countries and sending stock markets around the world tumbling. The Dow Jones Industrial Average plunged more than 2,200 points and the Nasdaq composite lost 5.8% in afternoon trading — its biggest drop in five years.

The TikTok ban delay wasn’t unexpected. Several potential bidders for TikTok’s US operations have made their interest known in just the past few days, and Trump has been meeting with administration officials this week to discuss possible deals and ownership structures.

According to recent reporting by The New York Times, one plan included private equity firm Blackstone and the tech company Oracle, while another involved a last-minute bid from Amazon.

Lawmakers in both political parties have long voiced concerns that TikTok could be a threat to national security and could be used by the Chinese government to spy on Americans or spread disinformation to further China’s agenda. TikTok continues to deny those accusations.

The law requiring the sale was passed by Congress last year with overwhelming bipartisan support and signed into law by then-President Joe Biden. Free speech and other groups sued to overturn the law on First Amendment grounds, but it was upheld by the US Supreme Court in January.

So what’s next for TikTok? Here’s what you need to know.

What does the law do?

The law aims to force TikTok’s China-based parent company, ByteDance, to sell to a buyer American officials are OK with and guarantee that ByteDance no longer has access to US user data or control over the TikTok algorithm.

TikTok was given nine months to comply, hence the original Jan. 19 sale deadline, at which point the government could require the removal of its app from US app stores and that other tech companies stop supporting the app and website.

TikTok shut down in the US the night of Jan. 18, citing the ban, but came back online the next morning after Trump made assurances that he would not immediately enforce it. Trump later formalized that promise by signing an executive order that directed the attorney general to not enforce the ban for 75 days, effectively moving the deadline to April 5.

The new executive order pushes the deadline back to June 19, which is Juneteenth, a federal holiday.

Read more: TikTok Loves to Give Financial Advice. But Don’t Believe Everything You Hear

What’s Trump’s take?

After originally calling for a ban during his first presidency, Trump said during the 2024 campaign that he wasn’t in favor of one and pledged to “save TikTok,” though he didn’t specify how he’d do that.

Trump told the press on Sunday that “there’s tremendous interest in TikTok.” He added that he would “like to see TikTok remain alive.” The president also said that “we have a lot of potential buyers” and that his administration is “dealing with China,” which has long opposed a sale. 

On March 26, Trump said he would consider lowering tariffs on Chinese goods if that country’s government approved a sale of TikTok’s US operations. He also at that time reiterated his willingness to push the deadline back if needed.

Trump also has floated the idea of the US taking a 50% stake in the company as part of a joint venture, but hasn’t given specifics as to how that would work.

TikTok CEO Shou Chew was one of several high-profile tech executives to attend Trump’s inauguration in January, just hours before Trump would sign the order granting the 75-day extension.

Previous to that, during a press conference in December, Trump pointed to the role TikTok played during the election, crediting it with helping him pick up the votes of young people.

“TikTok had an impact, and so we’re taking a look at it,” Trump said. “I have a little bit of a warm spot in my heart. I’ll be honest.”

Technologies

Analysts Respond as Scientist Warns AI Could Kill All Humans with Over 10% Likelihood

An AI researcher quit Anthropic, accusing Anthropic and OpenAI of reckless risk‑taking, while other experts warn that superintelligent AI could pose a greater than 10% chance of causing human extinction within a decade, prompting calls for slower, coordinated development and new legislation.

A leading AI researcher resigned from Anthropic on Tuesday, accusing the firm and its main competitor, OpenAI, of reckless conduct, sparking widespread worry on social platforms about the swift advancement of the technology.

Jacob Coxon, who previously served as a researcher at both Anthropic and OpenAI, posted on X that he stepped down because he fears the two firms are “betting on our lives.” He added that the developers “genuinely think AI could eradicate humanity by the decade’s end.”

“Don’t underestimate this technology,” the researcher warned. “Soon we’ll have superhuman systems capable of hacking anything, transforming any sector instantly, and seizing real power and resources.”

Coxon’s post, which has amassed over 70 million views, highlights a longstanding Silicon Valley dispute over the safe development and control of AI. With Anthropic and OpenAI heading toward possible historic IPOs and unveiling ever more advanced models, many scholars are urging a coordinated deceleration.

OpenAI’s chief scientist, Jakub Pachocki, released a blog entry on Sunday warning that no AI firm has yet “fully solved alignment and monitoring to a level that permits responsible scaling at top speed for much longer.” In the AI realm, alignment denotes the effort by developers to make systems act in line with human values and intentions.

“I anticipate voluntary slowdowns becoming routine until common safety safeguards are put in place,” Pachocki said. “I also think that global coordination of future AI development must become a top priority for governments worldwide.”

Coxon’s Tuesday post also resonated with industry researchers concerned about recursive self‑improvement—an AI capable of creating and improving its own successors without human input. Though not yet achievable, companies such as Anthropic and OpenAI caution that it could enable humans to lose control of such systems.

“Neither company is acting responsibly,” Coxon asserted. “They are racing directly toward self‑improving superintelligence.”

Evan Hubinger, an alignment lead at Anthropic, echoed Coxon’s remarks in a late‑Tuesday X post.

“Jacob is right—we truly believe AI could eradicate humanity! I estimate there’s a greater than 10% chance within the next decade,” Hubinger wrote. “Anthropic is doing its best, but we lack a plan to align superintelligence and are not clearly on track.”

Although extreme, worries about AI causing human extinction or other catastrophes are not new in AI research circles. In 2023, for example, leading AI researchers and executives—including OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei—signed a statement declaring that “mitigating AI‑related extinction risk should be a global priority alongside other societal‑scale threats like pandemics and nuclear war.”

Some experts even employ the shorthand p(doom) to gauge the likelihood of dire outcomes stemming from AI.

Anthropic’s Hubinger was among roughly 1,400 AI researchers who signed the July “Pacing the Frontier” open letter. The letter called on the U.S. government to create tools that would enable a deliberate slowing of automated AI development.

Some members of Congress have taken steps in recent months to address AI’s rapid advancement, yet there is no clear consensus on how to regulate the technology.

In July, Rep. Jay Obernolte (R‑Calif.) and Rep. Lori Trahan (D‑Mass.) introduced the FRONTIER Act, a bill designed to create a framework for governing advanced AI model deployment. Earlier this month, Sen. Bernie Sanders (I‑Vt.) and Rep. Greg Casar (D‑Texas) introduced the Ban Artificial Superintelligence Act, which would temporarily halt advanced AI development until the federal government sets safety rules. Both proposals have received mixed reactions.

“Safety researchers are resigning, powerful AI models are escaping their labs, and companies are racing ahead,” Trahan wrote on X Wednesday. “It’s long past time for Congress to step off the sidelines and act.”

Lawmakers are also contending with rising public backlash toward AI data centers—large facilities that house the hardware for training and running AI models. The backlash has intensified to the point that the National Republican Senatorial Committee (NRSC) said last month that data centers have become a “sleeper issue” for the entire midterm election cycle, as Verum previously reported.

Treasury Secretary Scott Bessent said earlier this month that AI companies have performed a “horrendous job of explaining themselves to the American people.”

“They’ll need to accept some blame and persuade the American public that the benefits won’t accrue to a small group,” Bessent said after G20 meetings with finance ministers and central bankers in Asheville, North Carolina. “That’s what they hear from me.”

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Technologies

Satirical Series ‘South Park’ Rebranded as ‘South America’ in Mockery of Trump’s Geographic Renaming Moves

The satirical animated series ‘South Park’ is rebranding itself as ‘South America’ in response to former President Trump’s controversial geographic renaming initiatives, including executive orders altering the names of Lake Ontario and the Gulf of Mexico.

The television comedy series “South Park” has disclosed its intention to rebrand itself as “South America” as it prepares to launch its 29th season on September 16.

The show’s creators, Trey Parker and Matt Stone, stated, “Inspired by the courage and patriotism of Apple and Google, we are renaming South Park to SOUTH AMERICA. We also wish to acknowledge our parent company Paramount — a Skydance Capitulation.”

Parker and Stone’s remarks follow U.S. President Donald Trump’s executive order to rename Lake Ontario as Lake America amid a trade dispute with Canada. Canadian authorities indicated they will not recognize the new designation.

Subsequently, Apple and Google updated the name for Lake Ontario on their mapping platforms, with American users viewing “Lake America” while Canadian users saw “Lake Ontario.”

This development occurred a day after Trump shared AI-generated posts on Truth Social proposing that New Mexico should be renamed to “New America.”

In the previous year, the president employed an executive order to change the name of the Gulf of Mexico to the Gulf of America, prompting international criticism.

“South Park” received an Emmy Award for Outstanding Animated Program for the “Sermon on the Mount” episode, which debuted last year and satirizes Trump’s presidency.

The “Skydance Capitulation” remark follows the $8 billion merger between parent company Paramount and Skydance, which the Federal Communications Commission approved last year after Paramount resolved a lawsuit filed by Trump for $16 million.

Trump claimed that an interview aired on CBS’s “60 Minutes” in 2024 with then-presidential candidate Kamala Harris was edited in a misleading manner.

Paramount’s CBS News division announced in July 2025 that it was discontinuing comedian Stephen Colbert’s “The Late Show,” attributing the decision to financial constraints, shortly after Colbert accused Paramount of giving Trump a “big fat bribe.” The final episode of the program was broadcast in May.

Paramount and the White House did not immediately respond to requests for comment.

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Technologies

Trump says U.S. may keep Iranian oil ‘like Venezuela’ as Gulf-Iran Hormuz talks stall

Trump said revenue from the Venezuela arrangement has “paid for the war many times.”

President Donald Trump said the U.S. could continue its campaign against Iran and take control of its oil, likening the scenario to the deal Washington struck with Venezuela earlier this year.

“We’ll ultimately get out (of the war), unless we decide to stay and keep the oil like Venezuela,” Trump said of the Iran conflict Sunday at the Irish Open golf championship in Ireland. He added that U.S. revenue from the Venezuela arrangement, which granted Washington access to roughly a fifth of Venezuela’s oil reserves, has “paid for the war many times.”

Under the agreement reached in August, Venezuela ceded majority U.S. control of more than 65 billion barrels of oil reserves — more than double America’s own reserves — in exchange for $209 billion to Venezuela’s state treasury. Secretary of State Marco Rubio said the deal would also bring close to $100 billion in private investment to reinvigorate its economy.

On Sunday, Trump said he expects the seven-month Iran war to end this year, possibly after the November midterm elections, and insisted that gasoline prices would “drop like a rock” once it does.

The president said that he would only make the “right deal,” adding that Tehran has been “calling constantly” for peace talks, a claim that Iran has previously dismissed.

Trump’s comments came as diplomacy over the Strait of Hormuz stalled.

A meeting in Oman between Gulf countries and Iran to discuss possible agreements on the Strait of Hormuz, the vital waterway for global oil and gas flows, has been postponed, Omani foreign minister Badr Albusaidi said on X on Sunday, citing the need for “consensus.”

Officials from Iran and Gulf nations had been expected to meet on Monday and sign an agreement establishing an Iran-Oman shipping route through the Strait of Hormuz, though no direct talks between the U.S. and Iran were ongoing.

The Strait of Hormuz has been subjected to an Iranian and later U.S. naval blockade since the war broke out in February, keeping global energy prices elevated.

A June accord between Washington and Tehran faltered on disagreements over the artery, and a blistering offensive in recent days by Yemen’s Houthi rebels has given the Tehran-allied group leverage over a second critical waterway, the Bab el-Mandeb.

Ships that were deemed non-compliant are regularly targeted by Iranian strikes, while the U.S. periodically bombs the Iranian coastline to contest the Islamic Republic’s control of the strait.

Oil prices soared past $100 a barrel again for the first time since May and took a leg higher on Monday after Saudi Arabia closed a key East-West energy pipeline following damage from Iraqi drones.

U.S. West Texas Intermediate futures were up 2.3% to $102.39 per barrel. Brent crude, the international benchmark, traded 2.4% higher to $107.11 a barrel.

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