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

The Biden administration has demanded that TikTok’s Chinese owners sell their shares of the popular video app or face possible US ban. The fear that TikTok’s US user data could be passed on to China’s government is the reason for this dramatic step by US officials and legislators. TikTok, which is owned by ByteDance, has […]

by TDG Network - March 16, 2023, 2:37 pm

The Biden administration has demanded that TikTok’s Chinese owners sell their shares of the popular video app or face possible US ban.

The fear that TikTok’s US user data could be passed on to China’s government is the reason for this dramatic step by US officials and legislators. TikTok, which is owned by ByteDance, has over 100 million users in the United States.