Overview
- TikTok is reportedly building a separate American version of its app, codenamed “M2,” with a planned launch on U.S. app stores on September 5.
- ByteDance is in advanced negotiations to sell TikTok’s U.S. operations to a consortium led by Oracle, while retaining a minority stake.
- The move aims to comply with the Protecting Americans from Foreign Adversary Controlled Applications Act, which requires divestment or a ban by September 17.
- Any completed sale and the transition to the new app still require official sign-off from the Chinese government.
- The existing TikTok app will operate alongside M2 until it is expected to deactivate in March 2026, after which U.S. users must migrate to continue service.