TikTok Developing New U.S. App Amid Ongoing Sale Discussions

Technology

TikTok Developing New U.S. App Amid Ongoing Sale Discussions

4 months ago

News sources:

REUTERS

DAWN

SCMP

INDIATIMES

AFRICANEWS

TikTok Developing New U.S. App Amid Ongoing Sale Discussions

Credited from: INDIATIMES

TikTok is creating a new version of its app for U.S. users set to launch on September 5.
Talks are underway between the U.S. and China regarding the sale of TikTok's U.S. operations.
The original app will cease to function by March 2026, requiring users to download the new version.
Potential buyers include Oracle and a consortium offering $20 billion for the platform.

TikTok is in the process of developing a new version of its app specifically for the U.S. market, set to launch on September 5, as part of efforts surrounding its expected sale to a consortium of American investors, according to Reuters, Dawn, and SCMP.

U.S. President Donald Trump indicated that talks with China about a TikTok deal would commence soon, as he stated the U.S. "pretty much" has a deal in place for the short-video app's sale (Reuters, India Times).

To comply with U.S. regulations, the new app will necessitate downloading a fresh version; the current app is scheduled to work until March 2026 but will be removed from app stores when the new version launches (India Times, Africa News).

A deal under negotiation aims to relieve U.S. national security concerns, with potential bidders including Oracle and a group led by billionaire Frank McCourt offering $20 billion for TikTok's operations in the U.S. (Africa News, SCMP).