Reported 23 days ago
TikTok is reportedly creating a US-specific version of its app to circumvent a potential nationwide ban or forced sale, as per a report from The Information. Amid ongoing concerns about national security, President Biden has enacted a ban on TikTok unless its parent company, ByteDance, sells the app to a US entity. Various companies are expressing interest in purchasing TikTok, with the app currently valued at $50 billion. The situation remains fluid, with multiple deadlines for compliance and further discussions expected.
Source: YAHOO