• Fri. Mar 29th, 2024

US launches review of China-owned video app TikTok

ByHyderabad Now

Nov 2, 2019
US launches review of China-owned video app TikTokUS launches review of China-owned video app TikTok

The Treasury Department, which houses CFIUS, says it does not comment on specific cases.

Washington D.C: Multiple published reports say that the US government has launched a national-security review of the China-owned video app TikTok, popular with millions of US teens and young adults.

The reports from Reuters, The New York Times and others say that the interagency Committee on Foreign Investment in the United States (CFIUS) has opened an inquiry.

Advertisements

Several senators have recently noted concerns about censorship and data collection on TikTok.

The Treasury Department, which houses CFIUS, says it does not comment on specific cases.

TikTok says it cannot comment on ongoing regulatory processes but earning the trust of US users and regulators is its highest priority.

Advertisements

TikTok’s owner, ByteDance, acquired Musical.ly in 2017 and merged it into TikTok. Musical.ly operated out of offices in Shanghai and California.

Leave a Reply

Your email address will not be published. Required fields are marked *