The CEO of TikTok will make the case for why the hugely popular video-sharing app shouldn't be banned.
The CEO of TikTok will make the case for why the hugely popular video-sharing app shouldn't be banned.The CEO of TikTok will make a high-profile appearance Thursday before a U.S. Congressional committee, where he'll face a grilling on data security and user safety while he makes his own case for why the hugely popular video-sharing app shouldn't be banned.
Chew plans to tell the U.S. House Committee on Energy and Commerce that TikTok prioritizes the safety of its young users and deny allegations that the app is a national security risk, according to his prepared remarks released ahead of the hearing. For its part, TikTok has been trying to distance itself from its Chinese origins, saying that 60% percent of its parent company ByteDance is owned by global institutional investors such as Carlyle Group. ByteDance was founded by Chinese entrepreneurs in Beijing in 2012.
Experts says officials could try to force Apple and Google to remove TikTok from their app stores, preventing new users from downloading it as well as preventing existing users from updating it, ultimately rendering it useless. To avoid a ban, TikTok has been trying to sell officials on a $1.5 billion plan called Project Texas, which routes all U.S. user data to domestic servers owned and maintained by software giant Oracle. Under the project, access to U.S. data is managed by U.S. employees through a separate entity called TikTok U.S. Data Security, which employs 1,500 people, is run independently of ByteDance and would be monitored by outside observers.
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