WASHINGTON — TikTok’s CEO plans to tell Congress that the video\u002Dsharing app is committed to user safety, data protection and security, and keeping the platform…
“No other social media company, or entertainment platform like TikTok, provides this level of access and transparency,” he said.
He distanced TikTok from its Chinese roots and denied the “inaccurate” belief that TikTok’s corporate structure makes it “beholden to the Chinese government.” ByteDance has evolved into a privately held “global enterprise,” Chew said, with 60% owned by big institutional investors, 20% owned by the Chinese entrepreneurs who founded it and the rest by employees.Article content“TikTok has never shared, or received a request to share, U.S. user data with the Chinese government,” Chew said.
U.S. regulators have reportedly threatened to ban TikTok unless the Chinese owners sell their stake. Lawmakers have introduced measures that would expand the Biden administration’s authority to enact a national ban and called for “structural restrictions” between TikTok’s American operations and ByteDance, including potentially separating the companies.
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