TikTok, which had been facing a Saturday deadline for a deal, now has another 75 days to find a new owner to comply with a federal law that requires it to change its structure to resolve national security concerns. That puts the new deadline for a deal in mid-June.

Washington — President Trump on Friday said he would sign another executive order to delay enforcement of a law that effectively bans TikTok, amid talks about a possible deal to sell the widely popular platform.

The president had initially given China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. The company now has 75 additional days.