The US version is expected to use its own algorithm, resolving the issue of whether China’s ByteDance will share its crown jewel.

TikTok is working on a new app for it's U.S. users, according to published reports. It is reportedly launching September 5.

Under a US law, TikTok must be sold or banned in the US by September 17. Trump appears to have been stuck in a tough spot all year, because the final terms of the deal may not allow current owner ByteDance to own more than 20 percent of the platform or maintain any control over TikTok's algorithm or data-sharing practices.