TikTok's Ban Crisis Nears Resolution with Potential New App and Sale
TikTok Sale Nears Completion as New US Version Prepares for Launch
Despite the TikTok divest-or-ban legislation taking effect in January, the platform has maintained US operations with only a brief one-day shutdown. *The Information* now reports that negotiators are finalizing a sale agreement compliant with the law, which would introduce a distinct US version of the popular app.
Completing any transaction requires approval from Chinese authorities, who remain engaged in ongoing trade discussions with the US administration regarding tariff policies.
Related Coverage
- Correspondence that influenced Apple and Google's TikTok service decisions
- Complete timeline: TikTok's US ban and subsequent developments
The report indicates White House officials claim progress in negotiations with a consortium of international investors - including Oracle - that would acquire TikTok while ByteDance retains partial ownership, meeting the requirements of the foreign ownership legislation.
Earlier reporting from the *Wall Street Journal* revealed Oracle's groundbreaking federal cloud services contract, offering unprecedented government-wide discounts of 75% on software licensing alongside infrastructure cost reductions.
Insiders reveal TikTok engineers are developing "M2" - the codename for the US-specific iteration of the current "M" platform - targeting a September 5th app store release. The administration recently granted another controversial extension of the app store prohibition deadline, currently set for mid-September. Sources indicate the existing app would disappear from stores upon M2's launch, with complete service termination scheduled for March 2026.
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TikTok Sale Nears Completion as New US Version Prepares for Launch
Despite the TikTok divest-or-ban legislation taking effect in January, the platform has maintained US operations with only a brief one-day shutdown. *The Information* now reports that negotiators are finalizing a sale agreement compliant with the law, which would introduce a distinct US version of the popular app.
Completing any transaction requires approval from Chinese authorities, who remain engaged in ongoing trade discussions with the US administration regarding tariff policies.
Related Coverage
- Correspondence that influenced Apple and Google's TikTok service decisions
- Complete timeline: TikTok's US ban and subsequent developments
The report indicates White House officials claim progress in negotiations with a consortium of international investors - including Oracle - that would acquire TikTok while ByteDance retains partial ownership, meeting the requirements of the foreign ownership legislation.
Earlier reporting from the *Wall Street Journal* revealed Oracle's groundbreaking federal cloud services contract, offering unprecedented government-wide discounts of 75% on software licensing alongside infrastructure cost reductions.
Insiders reveal TikTok engineers are developing "M2" - the codename for the US-specific iteration of the current "M" platform - targeting a September 5th app store release. The administration recently granted another controversial extension of the app store prohibition deadline, currently set for mid-September. Sources indicate the existing app would disappear from stores upon M2's launch, with complete service termination scheduled for March 2026.
Apple Rebrands Operating Systems with New Names
Apple Streamlines OS Versioning with Year-Based Naming SystemIn a significant shift to its software naming conventions, Apple has moved from sequential version numbers to a unified year-based numbering system across all operating systems. Starting wi
Amazon Discontinues Shared Prime Free Shipping Benefits Outside Households
Amazon Ends Prime Sharing ProgramAmazon is eliminating the popular feature that allowed Prime members to extend their free shipping benefits to non-household members. According to updated support documentation, this sharing capability will terminate
HMD Scales Back US Operations, Ending Nokia Phone Revival
HMD Global, the Finnish company that revitalized Nokia-branded mobile devices through a licensing agreement over the past decade, has announced a significant reduction in its US market presence. The company appears to have halted all direct sales of
