<ul data-eligibleForWebStory="false"><li>A law passed by Congress in the United States banned TikTok due to concerns over Chinese ownership and data security risks.</li><li>To avoid the ban, TikTok is allegedly working on a new U.S.-specific version of the app to be sold to U.S. investors, satisfying the legislation's requirements.</li><li>Existing TikTok app may be removed from U.S. App Store with users encouraged to migrate to the new U.S.-based app.</li><li>The situation is still developing, and it's uncertain when the sale and transition to the new app will take place, amid ongoing political controversy.</li></ul>

TikTok allegedly working on fork of existing app for U.S. market that will be sold to U.S. investors

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