TikTok is creating a new app specifically for the US market to comply with legislation that demands the sale of its business or risk being banned. This new app is set to launch on September 5, requiring US users to transition away from the current app, which will be removed from stores and cease functioning around March. Amidst these developments, President Trump announced that a group of wealthy investors plans to buy TikTok's US operations from ByteDance, although approval from the Chinese government is needed for this deal.
TikTok is reportedly working on developing a separate app just for the US market, in order to comply with the country's legislation requiring it to either sell its business in the US or face a ban.
The new app is allegedly going to be released on September 5, and US TikTok users will have to switch to it in order to continue using the service.
The 'old' app, the one currently in use, will be removed from US app stores when the new one launches and will then stop working entirely around next March.
US President Trump has announced that a 'group of very wealthy people' is going to buy TikTok's US operations from ByteDance, the Chinese company which owns the platform.
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