TikTok CEO on US restrictions: 'Rest assured - we aren't going anywhere'
Hindustan TimesTikTok's chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban its popular short video app used by 170 million Americans. "Rest assured - we aren't going anywhere," CEO Shou Zi Chew said in a video posted moments after Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok's U.S. assets or face a ban. "Make no mistake - this is a ban on TikTok," Chew said, emphasizing that TikTok would continue to operate as the company challenges the restrictions. The American Civil Liberties Union said banning or requiring divestiture of TikTok would "set an alarming global precedent for excessive government control over social media platforms."