Learn More about Lumida ETF
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

Copper Pulls Back From Record High as Inflation Data Kills Rate-Cut Hopes

by Team Lumida
1 day ago
Cash Upfront: How Miners Are Cashing In on Copper Shortage

Copper fell ~3% from its record close as surging U.S. inflation and a stronger dollar dimmed rate-cut expectations — while near-record prices are already deterring Chinese fabricator demand.

Read more

Trump’s Financial Disclosures Reveal Trades in Nvidia, Boeing, Intel and Dozens More

by Team Lumida
1 day ago
House Rebuke of Canada Tariffs Exposes Political Risk Around Trump’s Trade Agenda

President Trump's latest ethics filings show tens of millions in Q1 stock trades — including purchases of Nvidia, Microsoft, Boeing, and Oracle — raising fresh conflict-of-interest questions as...

Read more

Hedge Funds Are Printing Money in AI’s ‘Golden Age of Hardware’

by Team Lumida
2 days ago
China’s AI Startups Challenge Global Leaders Amid U.S. Trade Curbs

Stock-picking funds posted their best month in over two decades in April, driven by massive gains in semiconductor and AI hardware stocks. Point72, Whale Rock, and Seligman are...

Read more

Wall Street’s Long-Term Inflation Fears Hit Multi-Year Highs as Oil Shock Bleeds Into Bond Markets

by Team Lumida
3 days ago
Geopolitical Forces Shape Oil Market Dynamics

A hot April CPI print sent the 10-year break-even rate to its highest since 2023 and the 5-year to its highest since October 2022, raising the stakes for...

Read more

Walmart Cuts or Relocates 1,000 Corporate Workers as It Consolidates AI and Tech Teams

by Team Lumida
3 days ago
a walmart store with a car parked in front of it

Walmart is streamlining overlapping global-technology and product teams under its new head of AI acceleration, with many affected employees asked to relocate to Bentonville or Northern California.

Read more

Gas Prices Are Wiping Out Wage Gains — Real Hourly Earnings Turn Negative for First Time Since 2023

by Team Lumida
3 days ago
a gas pump is connected to a car at a gas station

April CPI came in at 3.8% while wage growth slowed to 3.6%, pushing real hourly earnings negative year-over-year for the first time in three years — driven almost...

Read more

Copper Holds Near Record Highs as Iran Stalemate Persists and China Demand Provides a Floor

by Team Lumida
4 days ago
Why Investors Are Going Crazy for Copper: The $43 Billion Battle

Copper steadied near $13,938/ton after Trump rejected Iran's peace proposal, with Monday's 2.7% surge also driven by supply fears around Peru's state refinery PetroPeru — sending silver up...

Read more

Blackstone’s Gray Had Senior Staff Put $150 Million Into Its Flagging Credit Fund to Calm Investors

by Team Lumida
5 days ago
Blackstone’s Gray Had Senior Staff Put $150 Million Into Its Flagging Credit Fund to Calm Investors

As redemption requests surged across private credit, Blackstone enlisted 25+ executives to personally invest $150 million into BCRED to signal alignment with nervous investors.

Read more

Oil Market in ‘Race Against Time’ as Hormuz Closure Risks Spiraling Into June, Morgan Stanley Warns

by Team Lumida
5 days ago
brown metal tower

Morgan Stanley warns that the buffers shielding oil markets from the Hormuz closure are running thin — if the strait stays shut into late June, Brent could surge...

Read more

Apple’s Camera-Equipped AirPods Enter Final Testing Phase in AI Device Push

by Team Lumida
1 week ago
Apple Store shop front

Apple's camera-equipped AirPods have reached design validation testing — the last major development stage before mass production — with cameras acting as eyes for Siri, enabling visual AI...

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

Chicago, New York Airports Hit Hard by Shutdown Flight Curbs

Chicago, New York Airports Hit Hard by Shutdown Flight Curbs

November 12, 2025
a golden bitcoin sitting on top of a black table

Bitcoin Tumbles to $58K Amid $81M ETF Exodus—What Investors Need to Know

August 15, 2024
AI Security Breach: How Hackers Stole OpenAI’s Internal Secrets

AI Security Breach: How Hackers Stole OpenAI’s Internal Secrets

July 5, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • 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
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo 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