TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, The Information reported on Sunday, citing unnamed sources.
This comes as U.S. President Donald Trump said on Friday he will start talking to China on Monday or Tuesday about a possible TikTok deal.
He said the United States “pretty much” has a deal on the sale of the TikTok short-video app.
TikTok has developed a plan to launch the new app to U.S. app stores on September 5, the report said.
Last month, Trump extended to September 17 a deadline for China-based ByteDance to divest the U.S. assets of TikTok.
The report added that TikTok users will eventually have to download the new app to be able to continue using the service, although the existing app will work until March of next year, though the timeline could change.
TikTok did not immediately respond to a Reuters request for comment. Reuters could not immediately confirm the report.
Subscribe to CTV News to watch more videos: https://www.youtube.com/ctvnews
Connect with CTV News:
For live updates and latest headlines visit: http://www.ctvnews.ca/
For breaking news, fast, download the CTV News App: https://www.ctvnews.ca/app
Must-watch stories and full programs at http://www.ctvnews.ca/video
CTV News on TikTok: https://www.tiktok.com/discover/CTV-News
CTV News on X (formerly Twitter): https://twitter.com/CTVNews
CTV News on Reddit: https://www.reddit.com/user/CTVNEWS
CTV News on LinkedIn: https://ca.linkedin.com/company/ctv-news
—
CTV News is Canada’s most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.
#ctvnews #ctvnationalnews #canadiannews
