TikTok Is Building a New Version of the App for September Release | Report

TikTok’s staff is reportedly building a new version of the app for American users — dubbed M2 — for a September release ahead of an expected sale, The Information reported this week. Any potential deal will still have to be approved by the Chinese government.

The news comes amid suggestions from the Trump administration that a group of “non-Chinese” investors are pursuing the app. The group is said to include Oracle.

In late June, The White House said keeping TikTok available...