The U.S. government’s Committee on Foreign Investment in the United States (CFIUS), which reviews deals by foreign acquirers for potential national security risks, in 2020 ordered Chinese parent company ByteDance to divest TikTok because of fears that U.S. user data could be passed on to China’s communist government.
U.S. President Joe Biden in June 2021 withdrew a series of executive orders by former President Donald Trump that sought to ban new downloads of the apps and ordered the Commerce Department to conduct a review of security concerns posed by the apps.
The senators said the proposal for TikTok to store its U.S. users’ information without ByteDance access “would do little to address the core security concerns.”
According to several sources, the CFIUS has been in extensive discussions with TikTok on security issues.
The social media platform, has risen through the ranks to become one of the world’s most popular social media apps, with more than 1 billion active users globally, counting the U.S. as its largest market.
Discover more from LN247
Subscribe to get the latest posts sent to your email.