U.S. Threatens to Ban TikTok Unless Parent Company Divests Video App
that parent company ByteDance, the Chinese internet giant, must sell its ownership position in the popular video app or face a ban in the U.S., TikTok said on Wednesday. The U.S. government made the demand citing national security concerns.. The U.S. government’s Committee on Foreign Investment in the U.S. , which is an interagency group oversees national security risks led by the Treasury Department that has the authority to block foreign transactions involving U.S.
Lawmakers in the U.S. perceive TikTok as a potential threat to user privacy and national security given the app’s Chinese ownership. The fear is that the Chinese government could access sensitive information via TikTok; according to TikTok, it has never shared data with the Chinese Communist Party and has said Chinese authorities have not made any such requests.
In a statement, TikTok spokesperson Hilary McQuaide, “If protecting national security is the objective, divestment doesn’t solve the problem: a change in ownership would not impose any new restrictions on data flows or access.” According to TikTok, it is already responding to concerns from U.S. lawmakers and regulators by putting in place “U.S.-based protection of U.S. user data and systems, with robust third-party monitoring, vetting, and verification.
under the International Emergency Economic Powers Act. The White House last week signaled its support of the bill. It’s not the first time American politicians have tried to ban TikTok. Donald Trump, in the waning months of his term as U.S. president, issued an
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