The Biden administration has told TikTok that its Chinese owners must sell their stakes for the app to avoid a U.S. ban., in an escalation of its efforts to address national security concerns about the company’s Beijing-headquartered owner ByteDance.
The Biden administration is pushing a plan that would require TikTok’s Chinese owners to divest from the popular video app, in an escalation of its efforts to address national security concerns about the company’s Beijing-headquartered owner ByteDance.
“If protecting national security is the objective, divestment doesn’t solve the problem: A change in ownership would not impose any new restrictions on data flows or access,” said Brooke Oberwetter, a TikTok spokesperson. “The best way to address concerns about national security is with the transparent, U.S.-based protection of U.S. user data and systems, with robust third-party monitoring, vetting and verification, which we are already implementing.
Two people knowledgeable of the discussions said the Justice Department had been resistant to any option short of a forced sale. Deputy Attorney General Lisa Monaco said in a Oberwetter said the company is continuing to move forward with its security initiatives, including Project Texas. The company also announced another data security project for Europe, dubbed Project Clover.The government’s stance comes three years after the Trump administration pushed to ban the app or sell itself to an American company, with the U.S. Treasury collecting a “very substantial” share of the proceeds.
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