Trump's TikTok Dance Continues
Briefly

ByteDance is planning to launch a separate standalone TikTok app tailored for the U.S. market. This initiative aims to alleviate data security concerns and regulatory pressures that have hindered the app's operations. By doing so, a monetization event may be possible. Analysts have estimated that a spinoff of TikTok in the U.S. could fetch between $50 billion to $100 billion, marking it as one of the significant potential deals within the social media landscape if it proceeds as planned.
ByteDance is reportedly planning a separate standalone TikTok app for the U.S. to address data security concerns and regulatory pressure, which could pave the way for a partial or full monetization event.
Analysts estimate a U.S. TikTok spinoff could command $50-$100 billion, making it one of the largest potential deals in the social media sector if executed.
Read at 24/7 Wall St.
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