News Snapshot:
TikTok is purportedly building a new version of its platform for users in the United States ahead of a planned sale to a group of investors, per technology publication The Information, which cited anonymous sources for the report. As it stands, the Chinese internet company Bytedance-created social media app aims to shut down its current platform by March 2026. The news comes amid president Donald Trump‘s announcement to Fox News last week that a group of “very wealthy people” are looking to buy the preeminently popular short-form video platform. POTUS added that he will reveal the investors’ identities in the...