TikTok Unveils New App, Sale Deal Imminent to Bypass US Ban
Summary
TikTok unveils new M2 app to replace existing platform on September 5th, while Oracle and other non-Chinese investors near deal to acquire TikTok from ByteDance, potentially resolving US ban.
Key Points
- TikTok's 'ban' problem could end soon with a new app and a sale.
- A new TikTok app, dubbed M2, is reportedly set to replace the current app on September 5th.
- Oracle and other 'non-Chinese' investors are close to acquiring TikTok from ByteDance, satisfying the US ban law.