TikTok owner ByteDance is developing a new app for US users as President Trump says a deal with an American buyer is 'pretty much done.'

TikTok owner ByteDance is developing a new app for US users as President Trump says a deal with an American buyer is 'pretty much done.'

The report reveals ByteDance is working on a replacement app amid ongoing regulatory pressures in the US. Trump’s statement indicates progress toward a sale to a US-based company.

This move aims to address national security concerns raised by US officials over TikTok’s Chinese ownership. The new app could reshape TikTok’s presence in the American market.

Follow for more updates on this developing story.

Source: https://finance.yahoo.com/news/tiktok-building-new-us-app-as-trump-says-deal-pretty-much-done-with-american-buyer-162035028.html

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