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Even with the TikTok divest-or-ban law officially in effect since January, the app has only shut down service in the US for one day. Now, The Information reports that an agreement for a sale satisfying the law’s requirements is close and would come with a new, separate version of the app.

TikTok is preparing to launch a standalone app for US users that is expected to operate on a separate algorithm and data system from its global app, laying the groundwork for a potential sale orchestrated by US President Donald Trump, according to people familiar with the matter.

TikTok plans a new US-only app launch before a possible sale, as ByteDance faces deadlines, legal hurdles, and political pressure to divest its American operations.

Is TikTok a national security threat or not? The effort to sell off the app's US assets continues to drag amid multiple legally dubious extensions from Trump.

President Trump said on Friday he will start talking to China on Monday or Tuesday about a possible TikTok deal.

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A now-deleted report by GeekPark claimed ByteDance had approved a sale to an Oracle-led group, retaining a minority stake. However, ByteDance has not confirmed this, and the report has been scrubbed from Chinese platforms.