Biden Has Issued A Warning To TikTok’s Chinese Owners2 min read
A new report has said that the Joe Biden administration has warned the Chinese owners of TikTok to give up their shares in the video-sharing platform or race a ban in the US. According to people familiar with the matter, the Committee on Foreign Investment in the US made the sale demand recently, reported The Wall Street Journal On Wednesday. CFIUS is a multi-agency federal task force that oversees national security risks in cross-border investments.
A warning from the US government marks a shift in the Biden administration’s policy towards popular social media platforms.
The US government has faced calls from several Republics who accused the Biden administration of not taking a tough enough on the national security threat posed by TikTok.
“Beijing-based ByteDance Ltd owns TikTok. It was founded in 2012 by internet entrepreneur Zhang Yiming, ByteDance Chief executive Liang Rubo, and others. 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,” TikTok spokesperson Maureen Shanahan.
“The best way to address concerns about national security is with the transparent, US-based protection of US user data and systems, with robust third-party monitoring, vetting, and verification, which we are already implementing.”
Although the app is popular among American youth, concerns have been raised about its use of user data. Last month, the White House gave federal agencies 30 days to remove TikTok from all government-issued devices.
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