U.S. calls for sale of TikTok

 

The U.S. government has called on Chinese TikTok owner ByteDance to sell its stake in the U.S. version of the app or face a ban. 

 The U.S. Committee on Foreign Investment in the United States (CFIUS) recently informed ByteDance that the U.S. government could ban the video app if it doesn't sell its shares in TikTok.

  • In response, TikTok said divesting the U.S. app wouldn't address ongoing concerns about national security.
  • A spokeswoman said that an ownership change "would not impose any new restrictions on data flows or access."
  • U.S. lawmakers and agencies are worried that TikTok may be forced to share its U.S. user data with the Chinese government or be used for influence operations.

  • Meanwhile, TikTok’s CEO Shou Zi Chew is set to testify before the U.S. House Energy and Commerce Committee next week, where he could face questioning over the app's links to Beijing and its effects on young people.
  • Chew also told the WSJ that divesture of the app wouldn't provide more protections than TikTok's own proposal to use domestic Oracle servers to store U.S. user data, among other safeguards.
  • TikTok now claims more than 100 million U.S. users, making it among the most popular apps.


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