Social media giant TikTok is facing pressure on multiple fronts, as the US congress is set to vote on a bill this week that could result in the app being banned nationwide, and there's ongoing competition from established players, like YouTube with its Shorts feature and Instagram with Reels, who have their eyes set on TikTok's short-form video throne. In an unexpected twist, evidence suggests TikTok could soon hit back with a new app of its own.
