TikTok may split from its Chinese parent company ByteDance, to help address U.S. concerns about national security risks.
, TikTok’s U.S. leadership is mulling a possible split with Chinese parent company ByteDance.
Furthermore, the move by TikTok remains far from certain as the Chinese government would have to agree to such a transaction, according to the publication’s sources.The report comes as TikTok faces a potential nationwide ban in the U.S. The video-sharing app has been the subject of increasing scrutiny from U.S. lawmakers and regulators about its links to the Chinese government.
Last year, the company agreed to implement several measures to address US officials’ security concerns. However, TikTok’s proposals have so far not assuaged U.S. regulators’ concerns about its parent company ByteDance’s connections with the Chinese Communist Party and the safety of Americans’ data.
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