TikTok proprietor ByteDance is engaged on a brand new US-only model of its standard vertical video app that might substitute the present one forward of a September deadline for the Chinese language firm to divest possession within the US, The Information reports.
Citing nameless sources, the location reviews that the brand new app, codenamed “M2” would launch on Sept. 5 and would require customers within the US to change from the present app to the brand new one. President Donald Trump just lately prolonged a deadline for the proprietor to dump its US-based TikTok property to Sept. 17. Earlier this month, Trump said he found a buyer for the corporate, a gaggle of “very, very rich folks.”
The administration has continued to increase deadlines for TikTok to stay operational since January. The corporate reportedly has 170 million customers within the US.
A consultant for TikTok didn’t instantly return a request for remark.
In keeping with the story, the rationale for the brand new app model can be resulting from an Apple App Retailer restriction that doesn’t enable a number of variations of an app for various areas to seem in the identical itemizing.