Why China may be OK selling TikTok to Elon Musk
2 days, 2 hours ago

Why China may be OK selling TikTok to Elon Musk

CNN  

New York CNN — After previously opposing the idea of a TikTok sale to avert a looming ban, the Chinese government may have found an owner it could live with: Elon Musk. And TikTok batted them down; spokesperson Michael Hughes told CNN that “we can’t be expected to comment on pure fiction.” Still, there are logical reasons why Musk, ByteDance and China might all find it in their best interests to facilitate a sale of TikTok’s assets to the X owner. “The Chinese probably are figuring out where it would fit into a larger deal with Trump, bit I can’t see them giving it away for free.” But such a deal could still face real hurdles, including Musk securing the cash to buy an app in a deal that could cost $40 billion to $50 billion, according to Wedbush analyst Dan Ives. And after his money-losing acquisition of X, formerly Twitter, more than two years ago, Musk could have a harder time finding financing partners for a TikTok bid, although the short-form video app almost certainly has a more lucrative ad business than X. Musk’s $44 billion purchase of Twitter was always overpriced, and the billionaire’s subsequent decisions after the purchase further tanked the social media company’s value. He’s already running Twitter to the ground.” One commenter said on that video, “I rather China have my info than Elon.” And TikTok user Dash Dobrofsky said in a video with the caption “Oh dear god, please no,” that Musk buying TikTok “sounds like a terrible idea… This would no doubt make Elon Musk the most powerful man in the world.” Such a user revolt could ultimately undermine the value of the platform for Musk and any investors he’d be able to round up for a TikTok purchase.

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History of this topic

TikTok responds after reports app could be sold to X owner Elon Musk
1 day, 15 hours ago

TikTok responds after reports app could be sold to X owner Elon Musk

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy TikTok has said reports it …

TikTok ban: Will you be able to use app? How will it impact users? Who is buying the Chinese app? What we know so far
Top News
1 day, 18 hours ago

TikTok ban: Will you be able to use app? How will it impact users? Who is buying the Chinese app? What we know so far

Live Mint  

Is the TikTok social media app being banned in the United States? The US government passed a law last year that forced TikTok's Chinese owner, ByteDance, to either sell the wildly popular platform or shut it down. According to reports, the Supreme Court seems likely to uphold a law that would ban TikTok in the US beginning January 19 — …

China officials internally discuss option of TikTok sale to Musk
1 day, 19 hours ago

China officials internally discuss option of TikTok sale to Musk

Live Mint  

SINGAPORE—Chinese officials, facing a looming U.S. TikTok ban, have internally discussed options including the possibility of allowing a trusted non-Chinese party such as Elon Musk to invest in or take control of TikTok’s U.S. operations, people familiar with the discussions said. In discussions to date, officials concluded that it was best to let the ban take effect and keep TikTok …

China in talks to sell TikTok to Elon Musk, reports say
1 day, 19 hours ago

China in talks to sell TikTok to Elon Musk, reports say

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese officials are reportedly …

Will Musk now own TikTok? China mulls selling short-video app to Tesla CEO, says report
1 day, 19 hours ago

Will Musk now own TikTok? China mulls selling short-video app to Tesla CEO, says report

Firstpost  

The Chinese government is considering a plan for Elon Musk to acquire TikTok’s US business to keep the short-video app from being effectively banned in the country Billionaire Elon Musk could possibly get the ownership of the US operation of TikTok, the short-video app that is contesting the impending ban with an appeal to the US Supreme Court. TikTok’s contingency …

TikTok denies rumours of sale to Elon Musk amid US ban, calls it ‘pure fiction’: Report
1 day, 21 hours ago

TikTok denies rumours of sale to Elon Musk amid US ban, calls it ‘pure fiction’: Report

Live Mint  

ByteDance owned social media platform TikTok has denied the reports on the potential sale of the app to billionaire and Tesla boss Elon Musk to continue its operations amid a possible ban by the US government, reported Variety. Earlier, a report emerged stating that “Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of …

Elon Musk to buy TikTok US? New report claims Chinese officials want Tesla CEO to…
Top News
2 days, 1 hour ago

Elon Musk to buy TikTok US? New report claims Chinese officials want Tesla CEO to…

Live Mint  

Chinese officials are exploring an option for Elon Musk to take over TikTok if the popular social media company fails to avoid a ban in the US, Bloomberg reports. Notably, TikTok's 170 million users could significantly improve Musk's position vis-a-vis advertisers and potentially help solve one of the biggest issues faced by his social media platform. US lawmakers urge Biden …

TikTok to Elon Musk? China considers how to keep the app in the U.S.
2 days, 2 hours ago

TikTok to Elon Musk? China considers how to keep the app in the U.S.

Salon  

With TikTok's days in the U.S. numbered, the Chinese government is discussing options to keep it in America that include a potential deal with Elon Musk, according to media reports. Chinese officials are considering whether Musk could acquire the app's U.S. operations if it is banned, Bloomberg and the Wall Street Journal reported, citing unnamed people familiar with the talks. …

‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok
1 week ago

‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok

CNN  

New York CNN — A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance. The group, which calls itself The People’s Bid for TikTok and is also backed by “Shark Tank”-famous investor Kevin O’Leary, said Thursday it had delivered a proposal to …

‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok
1 week ago

‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok

CNN  

New York CNN — A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance. The group, which calls itself The People’s Bid for TikTok and is also backed by “Shark Tank”-famous investor Kevin O’Leary, said Thursday it had delivered a proposal to …

TikTok seeking Musk's advice ahead of potential ban in the US, incoming Trump administration
1 month, 3 weeks ago

TikTok seeking Musk's advice ahead of potential ban in the US, incoming Trump administration

Firstpost  

The US administration, under outgoing President Joe Biden, had been raising alarms that TikTok could be compelled to share user data with the Chinese government. Leadership at TikTok’s parent company, ByteDance, a Chinese tech firm, views Musk as a potential intermediary to the incoming administration. TikTok’s troubles in the US The US administration, under outgoing President Joe Biden, had been …

In Musk, Xi will have ‘a friend with influence’ in Trump administration
2 months ago

In Musk, Xi will have ‘a friend with influence’ in Trump administration

Firstpost  

Elon Musk’s involvement in Donald Trump’s new administration is considered good news for China, given the billionaire’s investment in the country’s Electric Vehicle market. The world’s richest man has enjoyed perks in China that were rarely offered to other foreign investors President-elect Donald Trump grabbed China’s attention after he announced that billionaire Elon Musk would help lead what he called …

Canada orders TikTok's Canadian business to be dissolved but won't block app
2 months, 1 week ago

Canada orders TikTok's Canadian business to be dissolved but won't block app

New Indian Express  

TikTok is wildly popular with young people, but its Chinese ownership has raised fears that Beijing could use it to collect data on Western users or push pro-China narratives and misinformation. TikTok faces intensifying scrutiny from Europe and America over security and data privacy. Canada previously banned TikTok from all government-issued mobile devices. Michael Geist, Canada research chair in Internet …

Elon Musk went all-in to elect Trump. What a second Trump presidency could mean for big tech
2 months, 1 week ago

Elon Musk went all-in to elect Trump. What a second Trump presidency could mean for big tech

LA Times  

Tesla CEO Elon Musk, right, jumps on stage behind Republican presidential candidate Donald Trump during a campaign rally at the site of Trump’s assassination attempt in Butler, Pa., on Oct. 5. As the use of AI in the military rises, Trump’s campaign says he would “invest in cutting edge research and advanced technologies” in part to modernize the military, which …

A tale of two tech giants: Why Tesla and TikTok have different fates?
5 months, 4 weeks ago

A tale of two tech giants: Why Tesla and TikTok have different fates?

China Daily  

SONG CHEN/CHINA DAILY Recent news about Tesla and TikTok has puzzled many. Whereas in the US, amidst public opposition, a bill was signed into law that forces TikTok's Chinese parent company either to sell the app's US operations or face a ban, over alleged data security concerns. When it comes to information and data security, Tesla and TikTok, the two …

A tale of two tech giants: Why Tesla and TikTok have different fates?
5 months, 4 weeks ago

A tale of two tech giants: Why Tesla and TikTok have different fates?

China Daily  

SONG CHEN/CHINA DAILY Recent news about Tesla and TikTok has puzzled many. Whereas in the US, amidst public opposition, a bill was signed into law that forces TikTok's Chinese parent company either to sell the app's US operations or face a ban, over alleged data security concerns. When it comes to information and data security, Tesla and TikTok, the two …

‘Biggest loser’: US entrepreneur slams Elon Musk’s choice of China over India for Tesla manufacturing unit
8 months ago

‘Biggest loser’: US entrepreneur slams Elon Musk’s choice of China over India for Tesla manufacturing unit

Live Mint  

Indian-American academic, entrepreneur, and author, Vivek Wadhwa has slammed the decision of billionaire Elon Musk eschewing India for the Tesla manufacturing operation. Wadhwa wrote that "Elon is going to be the biggest loser" by picking China over India for manufacturing the Tesla electric cars. A week later, Musk turned up in China, meeting with Premier Li Qiang and making progress …

Tesla CEO Elon Musk visits China during Beijing auto show
8 months, 2 weeks ago

Tesla CEO Elon Musk visits China during Beijing auto show

The Hindu  

Tesla CEO Elon Musk met with a top government leader in the Chinese capital on Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. Chinese Premier Li Qiang told Mr. Musk that he hopes the U.S. will work more with China on “win-win” cooperation, citing Tesla’s operations in China as …

Elon Musk's big wins in China: Hurdles cleared, Baidu pact and this breakthrough
8 months, 2 weeks ago

Elon Musk's big wins in China: Hurdles cleared, Baidu pact and this breakthrough

Hindustan Times  

Elon Musk in China: Tesla CEO Elon Musk's surprise visit to China- the automaker's second largest market- resulted in the company clearing some key regulatory hurdles that have long hindered it from rolling out its self-driving software the country. The Tesla boss arrived in Beijing where he talked about the rollout of Full Self-Driving software and transfer driving data overseas, …

Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show
8 months, 2 weeks ago

Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesla founder and CEO Elon …

Musk's visit exposes malignancy of Washington's 'overcapacity' claim: China Daily editorial
8 months, 2 weeks ago

Musk's visit exposes malignancy of Washington's 'overcapacity' claim: China Daily editorial

China Daily  

Premier Li Qiang meets on Sunday with Elon Musk, founder and CEO of US electric car manufacturer Tesla, at Diaoyutai Guest House in Beijing. Coming hard on the heels of the rather gloomy visit by US Secretary of State Antony Blinken, whose agenda for his trip seemed to be to hype up the US administration's latest stay-away smear that China …

Tesla CEO Musk visits China as competitors show off new electric vehicles at Beijing auto show
8 months, 2 weeks ago

Tesla CEO Musk visits China as competitors show off new electric vehicles at Beijing auto show

Associated Press  

BEIJING — Tesla CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. Chinese Premier Li Qiang told Musk that he hopes the U.S. will work more with China on “win-win” cooperation, citing Tesla’s operations in China as …

Premier, Musk call for deepening cooperation
8 months, 2 weeks ago

Premier, Musk call for deepening cooperation

China Daily  

Premier Li Qiang meets on Sunday with Elon Musk, founder and CEO of US electric car manufacturer Tesla, at Diaoyutai Guest House in Beijing. Tesla's success in China has demonstrated that equal cooperation and mutual benefits conform to the fundamental interests of China and the United States, Premier Li Qiang said in a meeting on Sunday with Elon Musk, CEO …

The TikTok law kicks off a new showdown between Beijing and Washington. What’s coming next?
8 months, 3 weeks ago

The TikTok law kicks off a new showdown between Beijing and Washington. What’s coming next?

Associated Press  

WASHINGTON — TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.-China rivalry threatens the future of a wildly popular way for young people in America to connect online. Beijing has …

What a TikTok ban in the US could mean for you
8 months, 3 weeks ago

What a TikTok ban in the US could mean for you

Associated Press  

No, TikTok will not suddenly disappear from your phone. TikTok, which is used by more than 170 million Americans, most likely won’t disappear from your phone even if an eventual ban does take effect. This would also mean that TikTok wouldn’t be able to send updates, security patches and bug fixes, and over time the app would likely become unusable …

TikTok is turning its users into lobbyists, just like Uber did.
55 years ago

TikTok is turning its users into lobbyists, just like Uber did.

Slate  

ByteDance, the Chinese company that owns TikTok, does not want Congress to force a sale of its crown jewel. As ByteDance throws every weapon it can against the bill, a key element of its strategy has emerged: deputize its army of TikTok “creators” to become informal lobbyists, asking them to plead the company’s case. “You’re giving a middle finger to …

China Signals Opposition to Forced Sale of TikTok in the U.S.
10 months ago

China Signals Opposition to Forced Sale of TikTok in the U.S.

Live Mint  

SINGAPORE—The Chinese government is signaling that it won’t allow a forced sale of TikTok, limiting options for the app’s owners as buyers begin lining up to bid for its U.S. operations. During a routine news conference on Thursday, a spokesman for China’s Ministry of Commerce said the U.S. should “stop unreasonably suppressing" TikTok, adding: “The relevant party should strictly abide …

U.S. lawmakers see TikTok as China's tool, even as it distances itself from Beijing
10 months ago

U.S. lawmakers see TikTok as China's tool, even as it distances itself from Beijing

The Hindu  

If some U.S. lawmakers have their way, the United States and China could end up with something in common: TikTok might not be available in either country. "While the U.S. and other Western countries have imposed sanctions or restrictions on these companies, China itself has moved to favour state-owned enterprises in recent years, leaving little room for Chinese tech and …

US lawmakers see TikTok as China’s tool, even as it distances itself from Beijing
10 months ago

US lawmakers see TikTok as China’s tool, even as it distances itself from Beijing

Associated Press  

WASHINGTON — If some U.S. lawmakers have their way, the United States and China could end up with something in common: TikTok might not be available in either country. “While the U.S. and other Western countries have imposed sanctions or restrictions on these companies, China itself has moved to favor state-owned enterprises in recent years, leaving little room for Chinese …

Former Treasury Secretary Steven Mnuchin is assembling an investor group to buy TikTok
10 months ago

Former Treasury Secretary Steven Mnuchin is assembling an investor group to buy TikTok

LA Times  

As Congress weighs a bill that would lead to a nationwide ban of the popular video app TikTok, former Treasury Secretary Steven T. Mnuchin said Thursday he is assembling an investor group that will try to purchase the China-based company. “There’s no way that the Chinese would ever let a U.S. company own something like this in China.” Mnuchin, a …

US House passes bill that would lead to TikTok ban if Chinese owner doesn't sell
10 months ago

US House passes bill that would lead to TikTok ban if Chinese owner doesn't sell

New Indian Express  

WASHINGTON: The House on Wednesday passed a bill that would lead to a nationwide ban of the popular video app TikTok if its China-based owner doesn't sell, as lawmakers acted on concerns that the company's current ownership structure is a national security threat. TikTok, which has more than 150 million American users, is a wholly owned subsidiary of Chinese technology …

Trump reveals if Elon Musk would support his re-election bid, admits he views Facebook as 'an enemy of the people'
10 months ago

Trump reveals if Elon Musk would support his re-election bid, admits he views Facebook as 'an enemy of the people'

Hindustan Times  

Former President Donald Trump on Monday admitted that he met recently with SpaceX CEO Elon Musk at Mar-a-Lago, adding that he wasn’t sure if the X owner would support his second bid for the White House. Donald Trump believes Elon Musk may not support his re-election bid because they both have “opposing views” on electric cars. In a call-in interview …

Apple, Tesla love affair with China ending as sales decline after users are told to shun Western products
10 months ago

Apple, Tesla love affair with China ending as sales decline after users are told to shun Western products

Hindustan Times  

Tesla and Apple may lose millions of customers in China as the country is urging people to choose domestic products over Western technology. Tesla's Chinese competitor BYD recently overtook the Elon Musk company in worldwide sales of electric vehicles. At China’s annual Communist Party, Zhan Wenlong, a nuclear physicist and party delegate, told the outlet, “For people coming here, they …

Elon Musk Is Realizing He Should Have Bought TikTok
1 year ago

Elon Musk Is Realizing He Should Have Bought TikTok

Slate  

Elon Musk’s original sin with Twitter is that he forgot how expensive an ideological conquest can be. Ever since Twitter’s old board of directors forced him to close that fall, Musk has been in a push-and-pull between two areas of his brain: One part has told him to save Twitter from the woke mind virus and protect free speech for …

TikTok Strikes Back in Indonesia
1 year, 1 month ago

TikTok Strikes Back in Indonesia

Live Mint  

The Indonesian government executed its crackdown on “social shopping" in the name of protecting local small businesses. The viral short-video platform, owned by China’s Bytedance, agreed to combine its nascent TikTok Shop operations in Indonesia with GoTo’s e-commerce subsidiary Tokopedia on Monday. Indonesia’s largest internet company doesn’t get any upfront cash, since the injection from TikTok will go into the …

Tesla in Troubled Waters: Elon Musk’s EV company is struggling to sell its cars in China
1 year, 3 months ago

Tesla in Troubled Waters: Elon Musk’s EV company is struggling to sell its cars in China

Firstpost  

Elon Musk’s Tesla is struggling in China, the world’s largest EV market despite starting a price war that tried to undercut other local players. In September, the Beijing-headquartered premium EV maker delivered 36,060 vehicles, marking a 3.3 per cent increase from the previous month and an impressive 212.7 per cent year-on-year growth. During the third quarter, Li Auto shipped 105,108 …

TikTok Shop launches in the U.S. as the company bets big on e-commerce
1 year, 4 months ago

TikTok Shop launches in the U.S. as the company bets big on e-commerce

Associated Press  

NEW YORK — After months of testing, TikTok is fully launching its e-commerce product in the U.S. in an effort to translate the app’s cultural relevance among young consumers to sales. The company said Tuesday its shopping wing, called TikTok Shop, will include several features such as a “Shop Tab,” a marketplace its been testing on the app since August; …

TikTok’s new Amazon copycat is full of cheap Chinese goods
1 year, 4 months ago

TikTok’s new Amazon copycat is full of cheap Chinese goods

LA Times  

TikTok Shop will be competing with Amazon.com to sell a target of $20 billion in merchandise this year, according to Bloomberg. The social media app’s Shop option, prominently displayed between the “For You” and “Following” feeds where users watch videos, presents a never-ending scroll of “recommended” random products, according to an early version reviewed by Bloomberg, including a $2.99 Nike …

Elon Musk’s visit to China should send a shiver down the spines of Western governments
1 year, 7 months ago

Elon Musk’s visit to China should send a shiver down the spines of Western governments

The Independent  

It says much about the status of Elon Musk that his private jet is constantly tracked – and when it left Alaska, heading for China with him on board, there was a veritable frenzy of speculation about his intentions. Musk has been meeting senior Chinese officials, among them premier Li Qiang, just when tension over China’s ambitions regarding Taiwan is …

China’s commerce minister meets Tesla’s Musk, promises support to foreign companies
1 year, 7 months ago

China’s commerce minister meets Tesla’s Musk, promises support to foreign companies

Associated Press  

BEIJING — China’s commerce minister met Tesla Ltd. CEO Elon Musk on Wednesday and promised to support the development of foreign companies, the ministry said. The commerce minister, Wang Wentao, said Beijing will “support long-term, stable development of foreign-invested enterprises in China,” according to a ministry statement. Musk “praised the potential of China’s development” and expressed willingness to “deepen mutually …

China's Industry Minister Jin Zhuanglong, Tesla's Elon Musk meet, discuss electric cars
1 year, 7 months ago

China's Industry Minister Jin Zhuanglong, Tesla's Elon Musk meet, discuss electric cars

The Hindu  

China’s Industry Minister met Tesla Limited CEO Elon Musk on May 31 and the two discussed development of electric and “intelligent networked” vehicles, the Ministry said. Jin Zhuanglong and Elon Musk “exchanged views on the development of new energy vehicles and intelligent networked vehicles,” said a statement by the Ministry of Industry and Information Technology. On Tuesday, Foreign Minister Qin …

Elon Musk meets Chinese foreign minister on first visit for three years
1 year, 7 months ago

Elon Musk meets Chinese foreign minister on first visit for three years

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Musk’s first stop on the visit, which is expected to include a trip to Tesla’s Shanghai …

Tesla’s Musk meets Chinese foreign minister, who calls for ‘mutual respect’ in US-China relations
1 year, 7 months ago

Tesla’s Musk meets Chinese foreign minister, who calls for ‘mutual respect’ in US-China relations

Associated Press  

BEIJING — China’s foreign minister met Tesla Ltd. CEO Elon Musk on Tuesday and said strained U.S.-Chinese relations require “mutual respect,” while delivering a message of reassurance that foreign companies are welcome. “We need to keep the steering wheel in the right direction of mutual respect, peaceful coexistence and win-win cooperation,” Qin Gang told Musk, according to a ministry statement. …

Elon Musk meets Chinese FM in Beijing; says ‘mutual respect’ should be promoted to enhance US-China relations
1 year, 7 months ago

Elon Musk meets Chinese FM in Beijing; says ‘mutual respect’ should be promoted to enhance US-China relations

India TV News  

A day after multiple media reports about Tesla CEO Elon Musk's visit to China, he finally landed in the national capital where he held a series of meetings with the Chinese foreign minister regarding plans to boost the electric vehicle market. Musk, who has high hopes of getting bigger space in the Chinese electric automobile sector, asserted that the strained …

Tesla boss Elon Musk kicks off high-stakes China trip
1 year, 7 months ago

Tesla boss Elon Musk kicks off high-stakes China trip

Al Jazeera  

China’s foreign ministry quoted Musk as saying he wanted to expand business in China and opposed a decoupling. Tesla Chief Executive Elon Musk is on a high-stakes visit to China, starting with a meeting with the country’s foreign minister in Beijing, marking his return to the electric car maker’s largest production hub after three years. Qin told Musk China was …

Elon Musk Teases New Tesla Products While Warning About Near-Term Economic Challenges
1 year, 7 months ago

Elon Musk Teases New Tesla Products While Warning About Near-Term Economic Challenges

Live Mint  

Elon Musk teased two new Tesla models while forecasting a challenging year ahead for the carmaker as higher interest rates pinch buyers. Mr. Musk didn’t provide details about the two new products, though said Tesla could produce more than five million units a year of the two models combined. Mr. Musk, who previously said the hire from NBCUniversal would allow …

The TikTok CEO’s Face-Off With Congress Is Doomed
1 year, 9 months ago

The TikTok CEO’s Face-Off With Congress Is Doomed

Wired  

TikTok is the hottest app on the planet—and the most-hated tech in Washington, DC. That disconnect has consumed the narrative around the app since CEO Shou Zi Chew took the helm of TikTok roughly two years ago. “It’s gotten a lot more attention, so there’s just more awareness of the problem,” says Raja Krishnamoorthi of Illinois, the top Democrat on …

TikTok CEO to tell legislators app ‘never shared’ data with China
1 year, 9 months ago

TikTok CEO to tell legislators app ‘never shared’ data with China

Al Jazeera  

Shou Zi Chew will testify that app is not an ‘agent of China or any other country’ amid national security risk claims. TikTok CEO Shou Zi Chew will tell United States legislators that the Chinese-owned video app would never share users’ data with Beijing amid a growing push in the US to ban the platform outright. TikTok has said it …

US to TikTok’s Chinese owners: Sell stakes or face ban
1 year, 10 months ago

US to TikTok’s Chinese owners: Sell stakes or face ban

Hindustan Times  

The US has told the Chinese owners of the video-sharing app TikTok that they must sell their shares or risk the app being banned in the US, people familiar with the matter said. TikTok’s leadership has been discussing the possibility of separating from ByteDance Ltd., its Chinese parent, to help address concerns about national security risks, Bloomberg News reported on …

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