Wednesday, March 15, 2023

TikTok says US threatens ban if Chinese owners don't sell stakes

The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move, first reported by the Wall Street Journal, is the most dramatic in a series of recent steps by U.S. officials and legislators who have raised fears that TikTok's U.S. user data could be passed on to China's government. ByteDance-owned TikTok has more than 100 million U.S. users.

from Gadgets Now https://ift.tt/GvnTVCL

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