TikTok plans to launch a new U.S.-focused app on September 5 to address privacy and security concerns.

TikTok is developing a new version of its app specifically for U.S. users, set to launch on September 5. The move comes as the company is in talks to sell its U.S. assets and may address data privacy and security concerns. The parent company, ByteDance, must comply with a September 17 deadline to either divest or face a potential ban in the U.S.