TikTok may split from its Chinese-owned parent company, ByteDance, to deal with privacy concerns in the U.S. about the video-sharing app.
CEO Shou Zi Chew is set to testify before the House Energy and Commerce Committee on March 23, which could shed light on the company’s plans.
The app is immensely popular with young Americans, who use it to share dances, skits and other short-form content. However, U.S. policymakers are worried that Beijing has too much access to user data through its Chinese owner. The app has been banned from devices controlled by the U.S. federal government and many state governments. A number of universities have outlawed the platform.TikTok has denounced the bans as “politically motivated” and says the restrictions won’t advance the national security of the U.S.
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