NEW YORK/WASHINGTON — The United States is preparing to force ByteDance to shed the U.S. operations of TikTok over concerns the Chinese company’s ownership of the popular short video app jeopardizes personal data, people familiar with the matter said on Friday.The move would represent a major blow for the Beijing-based company, which became one of only a handful of truly global Chinese conglomerates thanks to TikTok’s commercial success.It is was not immediately clear how the separation would happen and what ByteDance would do with the rest of TikTok’s global operations. The House of Representatives has already voted for a similar measure.ByteDance has proactively been considering a range of options for TikTok amid pressure from the United States to relinquish control of the app, which allows users to create short videos with special effects and has become wildly popular with U.S. teenagers.ByteDance has received a proposal from some of its investors, including Sequoia and General Atlantic, to transfer majority ownership of TikTok to them, Reuters reported on Wednesday. edit subscriptions. Please try againPostmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. So stop saying major media outlets haven’t talked about it just because you weren’t paying attention at the time.A US teenager's TikTok video clip accusing China of putting Muslims into "Concentration camps" has gone viral on the Chinese-owned social network.The company had permanently banned one of Ms Aziz's old TikTok accounts on, 15 November, for posting an unrelated video that had broken its rules on terrorism-related material, he said.While the version of TikTok used in mainland China does censor criticism of the Chinese Communist Party, the company says it does not take the same action against posts to the separate library of user-generated content it offers elsewhere.I don't understand how chinese citizens don't mind their government treating them like babies so obviously. jump to content. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. India cited privacy concerns saying the app poses a … A US teenager's TikTok video clip accusing China of putting Muslims into "Concentration camps" has gone viral on the Chinese-owned social network. By using our Services or clicking I agree, you agree to our use of cookies. Ordering the divestment of TikTok would not be the first time the White House has taken action over such concerns.Earlier this year, Chinese gaming company Beijing Kunlun Tech Co Ltd sold Grindr LLC, a popular gay dating app it bought in 2016, for $620 million after being ordered by CFIUS to divest.In 2018, CFIUS forced China’s Ant Financial to scrap plans to buy MoneyGram International Inc over concerns about the safety of data that could identify U.S. citizens.ByteDance was valued at as much as $140 billion earlier this year when one of its shareholders, Cheetah Mobile, sold a small stake in a private deal, Reuters has reported. TikTok and China come under scrutiny in congressional hearing "If you don't know what TikTok is, you should," Sen. Josh Hawley, R-Mo., said. The proposal values TikTok at about $50 billion.ByteDance has also fielded acquisition interest in TikTok from other companies and investment firms, Reuters has reported.ByteDance acquired Shanghai-based video app Musical.ly in a $1 billion deal in 2017 and relaunched it as TikTok the following year. Sen. Josh Hawley (R-MO) highlighted the Post ’s reporting and asked for more answers: “TikTok claims they don’t take direction from China.
They say to their citizens: "everyone else can post whatever they want over there, but not you. The company had permanently banned one of Ms Aziz's old TikTok accounts on, 15 November, for posting an unrelated video that had broken its rules on terrorism-related material, he said. I don't understand this word salad.It is, detaining, torturing, “re-educating” and killing all these people just because of which god they believe in is genocide and no one should be tolerating it.Shh, we don't want to close down our factories and business deals.New comments cannot be posted and votes cannot be castA place for major news from around the world, excluding US-internal news.Looks like you're using new Reddit on an old browser. (Reporting by Echo Wang in New York and Alexandra Alper and David Shepardson in Washington, D.C.; Additional reporting by Nandita Bose in Washington, D.C.; Editing by Diane Craft, Aurora Ellis and Daniel Wallis)Sign up to receive the daily top stories from the National Post, a division of Postmedia Network Inc.There was an error, please provide a valid email address.A welcome email is on its way. The startup’s investors include SoftBank Group Corp.The bulk of its revenue comes from advertising on apps under its Chinese operations including Douyin – a Chinese version of TikTok – and news aggregator app Jinri Toutiao, as well as video-streaming app Xigua and Pipixia, an app for jokes and humorous videos.Some of the company’s other overseas apps include work collaboration tool Lark and music streaming app Resso.TikTok CEO Kevin Mayer, a former Walt Disney Co executive, said in a blog post on Wednesday that the company was committed to following U.S. laws, and was allowing experts to observe its moderation policies and examine the code that drives its algorithms.