TikTok now has until September to find a new owner in order to meet the requirements of a divest-or-ban law.

"As he has said many times, President Trump does not want TikTok to go dark. This extension will last 90 days, which the Administration will spend working to ensure this deal is closed so that the American people can continue to use TikTok with the assurance that their data is safe and secure," Leavitt said in a statement.

President Donald Trump will extend a deadline for the owner of social media platform TikTok to find a U.S. buyer so that it can remain operating in the country, the White House said Tuesday.