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They reopened with formal understanding that there will be an executive order tomorrow to suspend the enforcement of the ban. That is a big deal and it's something that they can point to to defend themselves in court should that happen. When President Biden signed the bill, it gave him the ability to extend the deadline by an amount which he declined to do (beyond saying "I'll let Trump admin deal with it"); and soon-to-be President Trump is saying he will do it tomorrow.
> formal understanding

I think you mean "campaign promise."

No legally significant action has been taken between now and yesterday.

Are you privy to the private discussions between Trump and the heads of TikTok, Apple, Google, and Oracle? Or are you simply assuming there have been no such private discussions?
Trump isn't president yet, so any such conversations are not legally significant actions the way the person you're responding to meant.
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I'm pretty certain an executive order cannot overrule a law. So they're just hoping to either get an actual reversal of the law while Trump is in term or just hoping nobody after him will care.

It's like betting on jury nullification but without the benefit of double jeopardy protection. It's unclear if any of the US companies the law is aimed at will risk it.

An executive order can't overrule a law, but it can direct the DoJ not to enforce a particular law.
Which would be an EO counter the constitution and obviously not durable itself. In 4 years the next DOJ can just enforce the law on the books with 4 years of evidence of companies openly breaking it. It'd be a slam dunk case
The law allows the president to grant a one time 90 day extension. (In this specific case)
Trump isn't president and the ban went into effect before he was. There's no legal extension possible anymore under this specific case.