Bullish indicating open at $55-$60, IPO prices at $37
Investing.com -- TikTok is working on a standalone application for U.S. users that would operate with a separate algorithm and data system from its main global platform, according to a Reuters report on Wednesday.
The new app could pave the way for a potential sale orchestrated by U.S. President Donald Trump, resolving years of debate over TikTok’s recommendation algorithm, which has been at the center of U.S.-China technology tensions.
Current TikTok employees have reportedly been working under tight deadlines over the past several months to build this U.S.-specific version. The process involves transferring and duplicating the application’s codebase, including AI models, algorithms, features, and user data from the global platform.
This development aims to resolve a key concern in the ongoing debate about TikTok’s operations in the United States - sharing what is considered the crown jewel of the ByteDance-owned short video-sharing platform: its recommendation algorithm.