TikTok, owned by ByteDance, faces an uncertain future in the United States due to ongoing concerns over user data privacy. The app recently experienced a brief outage but returned to the App Store and Google Play. Investors are vying for a chance to acquire TikTok, with its U.S. operations potentially valued at $60 billion. Legal battles have ensued since 2020, with the Biden administration pushing for a sale or ban. Various investor groups, including The People’s Bid and American Investor Consortium, have emerged, but no definitive deal has been made yet.