The U.S. has opened a national security investigation into TikTok.
The U.S. government will investigate Beijing-based TikTok owner ByteDance's acquisition of social media app Musical.ly.
While the $1 billion acquisition was completed two years ago, U.S. lawmakers have been calling in recent weeks for a national security probe into TikTok, concerned the Chinese company may be censoring politically sensitive content, and raising questions about how it stores personal data. The U.S. Treasury Department, which chairs CFIUS, did not immediately respond to a request for comment.
TikTok also says China does not have jurisdiction over content of the app, which does not operate in China and is not influenced by any foreign government.
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Sources say the US is formally investigating TikTok on national security grounds - Business InsiderReuters: Sources say the US government is formally probing ByteDance's $1 billion acquisition of Musical.ly.
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