Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Markets

Trump Grants TikTok a Third 90-Day Reprieve Amid National Security Concerns

by Team Lumida
June 20, 2025
in Markets
Reading Time: 4 mins read
A A
0
red and whites logo

Photo by Alexander Shatov on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com

  • President Trump issued another 90-day extension for TikTok, delaying enforcement of a 2024 law requiring the app’s sale or shutdown over national security concerns.
  • The White House aims to finalize a deal ensuring American user data is “safe and secure” while keeping the app operational for its 100 million U.S. users.
  • The Supreme Court upheld the 2024 law, citing TikTok’s data collection practices and ties to China as threats to national security.
  • ByteDance, TikTok’s parent company, has resisted ceding control of U.S. user data, complicating negotiations for a potential sale or restructuring.

What Happened?

President Trump has delayed the enforcement of a 2024 law mandating TikTok’s sale or closure for the third time, granting the Chinese-owned app another 90-day reprieve. The law, signed by then-President Joe Biden, was upheld by the Supreme Court in January 2025, which cited national security concerns over TikTok’s data collection practices and its ties to China.

The White House stated that the administration is working to secure a deal that protects American user data while allowing TikTok to continue operating. Trump has previously suggested transferring TikTok’s U.S. operations to Oracle, a company led by his ally Larry Ellison, but no agreement has been finalized.

TikTok’s parent company, ByteDance, has resisted relinquishing control of U.S. user data, further complicating negotiations. The app’s popularity among 100 million American users, particularly younger voters, has made it a politically sensitive issue for the Trump administration.


Why It Matters?

The repeated delays highlight the complexities of balancing national security concerns with the app’s widespread popularity and economic impact. TikTok has become a vital platform for content creators and businesses, making its potential shutdown or sale a contentious issue.

The Supreme Court’s unanimous decision to uphold the 2024 law underscores the bipartisan consensus on the risks posed by TikTok’s data practices. However, Trump’s extensions suggest a willingness to explore alternatives that preserve the app while addressing security concerns.

For ByteDance, the ongoing uncertainty creates challenges in maintaining its U.S. operations and user base. Meanwhile, the lack of a resolution raises questions about the administration’s ability to enforce the law and protect user data effectively.


What’s Next?

The administration has until the new 90-day deadline to finalize a deal or enforce the law. Negotiations with ByteDance and potential buyers like Oracle will likely intensify in the coming months.

The outcome will depend on ByteDance’s willingness to compromise and the administration’s ability to secure a solution that satisfies both national security and political considerations.

Investors, content creators, and users will closely monitor developments, as the resolution of this issue could set a precedent for how the U.S. handles foreign-owned tech platforms in the future.

Source
Previous Post

XRP Early Investors Take Profits as Token Faces Resistance Despite Regulatory Wins

Next Post

Trump Signals Two-Week Delay on Iran Strike to Explore Diplomatic Options

Recommended For You

Bond Investors Doubt Midterm Gridlock Can Fix Deficits This Time, With Net Interest Above $1 Trillion and the 10-Year Near Its Highest Since 2002

by Team Lumida
9 hours ago

Bond investors doubt a split Congress after the midterms will ease US deficit worries, with net interest costs above $1 trillion and yields near 5%.

Read more

GM Will Leave the NYSE After 115 Years for the Nasdaq on Nov. 17, With JPMorgan Expecting It to Join the Nasdaq-100 in December

by Team Lumida
9 hours ago

GM will move its stock listing from the NYSE to the Nasdaq on Nov. 17, keeping its ticker and becoming eligible for the Nasdaq-100 Index.

Read more

The AI Selloff Scorecard: Memory ETF Down 41% and Nasdaq-100 Off 6.66% From Its High, While Chevron and Exxon Hit Record Highs

by Team Lumida
17 hours ago

Chip ETFs sit 20% to 41% below their highs and Nvidia is 11% off its peak, while Chevron and Exxon hit records and Coca-Cola reports Tuesday.

Read more

Oil Falls for a Second Day on Tehran Peace Talks as Gold Clings to $4,000 Before the Fed, With StanChart Flagging $3,886 as a Key Floor

by Team Lumida
17 hours ago
Diesel Export Ban Would Hit Brazil, Chile and the UK Hardest While Gulf Coast Geography Blocks Relief for US Coasts

Brent slipped to $114.80 as Saudi, Turkish and Pakistani officials met Iran, while gold held near $4,000 ahead of a Fed call seen as likely to hold.

Read more

US Natural Gas Falls to a Six-Month Low, Down More Than 20% in Two Weeks, as Hedge Funds Hold a Record Short Bet

by Team Lumida
1 day ago

US natural gas futures fell as much as 5.4% to the lowest since April on warmer forecasts, as hedge funds built the largest short position since at least...

Read more

A Democratic Sweep in the Midterms Is Seen as the Likeliest Trigger for a Bond Rally, With 58% Expecting Stocks to Fall

by Team Lumida
1 day ago
wisconsin state capitol building usa

In Bloomberg’s Markets Pulse survey of 301 respondents, a Democratic sweep of Congress is seen as most likely to drive a Treasury rally and hurt the S&P 500.

Read more

Citadel Securities’ Shah Says the AI Trade Leaves “Precious Little Margin for Error” as Capex Becomes a Two-Sided Risk

by Team Lumida
1 day ago
Hedge Fund Titans Citadel and Millennium Outperform Peers, Again!

Citadel Securities’ Nohshad Shah warns that with so much of the economy and market levered to AI, there is little room for error if spending fails.

Read more

Stock Futures Bounce After the S&P 500’s Losing Week as a Fed Decision and Microsoft, Alphabet and Amazon Earnings Loom

by Team Lumida
2 days ago
Second-Largest Triple Witching on Record Sees $7 Trillion of Options Expire Friday, 60% of It at the Open

US stock futures rose Sunday after the S&P 500’s losing week, heading into a week with a Fed decision and earnings from Microsoft, Alphabet and Amazon.

Read more

BofA’s Hartnett Stays Risk-Off Until Mid-November and Says Markets Still Need to Price a Democratic Sweep

by Team Lumida
4 days ago

Bank of America’s Michael Hartnett expects a down-in-yields, down-in-stocks, down-in-dollar trade until mid-November as AI and midterm jitters linger.

Read more

Kalshi Plans the Only CPI Futures for a December Launch, Pitching Banks and Hedge Funds in a Challenge to CME

by Team Lumida
4 days ago
Kalshi logo over an abstract red swirl graphic

Kalshi is targeting a December launch for futures on headline and core CPI, and hired the “Inflation Guy” Michael Ashton to pitch big banks and hedge funds.

Read more
Next Post
Fed Official Warns of Inflation Risks Under Trump Presidency

Trump Signals Two-Week Delay on Iran Strike to Explore Diplomatic Options

Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Institutional Investors Drive Bitcoin’s Evolution as a Store of Value Amid Record Highs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

three people standing each other during golden time

Where Have All the Young Home Buyers Gone?

October 13, 2025
US Plans to Expand Social Media Screening for Visa-Free Travelers

US Plans to Expand Social Media Screening for Visa-Free Travelers

December 18, 2025
KOSPI’s Recent Selloff Signals Broader Reassessment of AI Growth Valuations; Memory Sector Profit Margins Questioned as Supply Tailwinds Viewed as Temporary

KOSPI’s Recent Selloff Signals Broader Reassessment of AI Growth Valuations; Memory Sector Profit Margins Questioned as Supply Tailwinds Viewed as Temporary

October 14, 2026

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Legacy
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Opinions
    • Investing Philosophy
    • Op-Ed
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Investing Philosophy
  • Latest
  • Legacy
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Op-Ed
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bank of America China Commercial Real Estate CPI data centers Donald Trump EARNINGS ELON MUSK Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Novo Nordisk Nuclear Energy Nvidia oil OpenAI private equity S&P 500 SEC Semiconductor stock market stock surge Tech Stocks tesla Trump Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018