US government won't extend the deadline for a TikTok deal, but negotiations continue

The US government will not extend the Dec. 4 deadline for TikTok's Chinese parent to sell off the social media app, but it will also decline to enforce the executive order requiring the sale, according to a person familiar with the matter.

source https://www.cnn.com/2020/12/04/tech/tiktok-deadline/index.html