Group of Democrat lawmakers defend TikTok amid efforts to ban Chinese-owned platform
TIKTOK CEO TORCHED OVER THREAT VIDEO TARGETING CONGRESSWOMAN CHAIR OF FIRST HOUSE HEARING POSTED 41 DAYS AGOLawmakers who are critical of TikTok believe the issue isn't political, but related to national security.
TikTok CEO Shou Zi Chew testifies during a hearing of the House Energy and Commerce Committee, on the platform's consumer privacy and data security practices and impact on children March 23, 2023, on Capitol Hill in Washington.Chew said. "It’s a private company. Sixty percent of the company is owned by global institutional investors, 20% is owned by the founder, and 20% owned by employees around the world. ByteDance has five board members. Three of them are American.
Chew said TikTok is investigating a new initiative called Project Texas to employ Oracle to store U.S. users' data on American soil.
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