TikTok is creating a new version of its app for U.S. users as part of a potential sale to a group of investors, according to The Information, citing anonymous sources.
This follows U.S. President Donald Trump’s announcement on Friday that he will begin discussions with China on Monday or Tuesday regarding a possible TikTok deal, stating the U.S. is close to finalizing an agreement for the short-video app’s sale.
The new app is slated to launch in U.S. app stores on September 5, per the report. Last month, Trump extended the deadline for ByteDance, TikTok’s China-based parent company, to divest its U.S. assets to September 17. Users will eventually need to download the new app to continue using TikTok, though the current app will function until March 2026, with timelines subject to change.
TikTok did not immediately respond to Reuters’ request for comment, and Reuters could not independently verify the report. Earlier this year, a deal to spin off TikTok’s U.S. operations into a new U.S.-based company, majority-owned by American investors, was paused after China signaled it would not approve it, following Trump’s imposition of steep tariffs on Chinese goods. Trump noted that any deal would likely require China’s approval.


No comments:
Post a Comment
Note: Only a member of this blog may post a comment.