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Even with the TikTok divest-or-ban law<\/a> officially in effect since January, the app has only shut down service<\/a> in the US for one day. Now, The Information<\/a><\/em> reports that an agreement for a sale satisfying the law\u2019s requirements is close and would come with a new, separate version of the app.<\/p>\n<\/div>\n Any deal, however, would need approval from the Chinese government, which is also still wrangling with the Trump administration over tariffs.<\/p>\n<\/div>\n Earlier today, the Wall Street Journal<\/a><\/em> reported that the General Services Administration says Oracle has reached a new agreement with the federal government that \u201cis the first of its kind that provides the entire government with a discount on cloud infrastructure,\u201d with a 75 percent discount on licensed software.<\/p>\n<\/div>\n TikTok\u2019s staff is reportedly working on a new version of the app \u2014 dubbed M2, to the current app\u2019s internal M designation \u2014 for release in app stores on September 5th. Trump issued a third legally questionable<\/a> extension of the deadline to ban TikTok from US app stores last month<\/a>, which is set to expire in mid-September. According to The Information\u2019s <\/em>unnamed source, under the current timeline, the original TikTok app would leave app stores as the new one launches and then stop working entirely in March 2026.<\/p>\n<\/div>\n