
ByteDance is reportedly getting ready to launch a US-only version of its video-editing app "CapCut," as part of their compliance with recent US regulations.
The company revealed that CapCut is a video editing app that lets users cut, merge, add effects and enhance videos for social media.
CapCut has become popular with content creators and influencers alike, with over 1 billion downloads on Google Play, and CapCut is currently the most downloaded video app on the US iOS App Store and is outranking YouTube and Instagram.
According to the Business Insider, ByteDance is prepared to transfer US users to the new CapCut to comply with a 2024 U.S. law that requires a Chinese technology company, including ByteDance, to divest from TikTok and any American-linked assets or face a potential U.S. ban.
This is intended to help ByteDance to better protect its US-based operations and provide a safeguard against employee data that is sensitive to security, while also untethering US users from ByteDance's international operations.
This would seem to follow along with reports that ByteDance is preparing a similar US version of TikTok as part of their potential sale of TikTok to American businesses.