US investors are reportedly considering buying the video-sharing app from Chinese parent company ByteDance in an effort to save TikTok's sizeable foothold in America. A group of investors, including venture capital firms Sequoia and General Atlantic, are mulling buying a majority stake, according to The Information and the Financial Times. The investors are talking with the US Treasury Department and other regulators about whether a spinoff of TikTok would quell US concerns about the company. 
For ByteDance to sell TikTok — the only major social media app created by a Chinese company to gain significant traction globally — would be a big move. And it still might not be enough to alleviate concerns in Washington, where lawmakers and US officials allege TikTok poses a national security threat because it could be used as a spying tool by Beijing. Tik Tok has always denied all those allegations so could we see a new form of Tik Tok appear in America under American ownership? 
We have all found ourselves watching Tik Tok videos for hours on end and many of which are funnier when they end badly. I have seen many of these videos end up in breaking the device used to film them so I for one am buying a new tempered glass screen protector for my Samsung galaxy!