CEO Shou Zi Chew is pushing back against fears that TikTok could become a tool of China’s ruling Communist Party because its parent company, ByteDance, is based in Beijing.
TikTok’s CEO plans to tell Congress that the video-sharing app is committed to user safety, data protection and security, and keeping the platform free from Chinese government influence.
TikTok’s efforts to ensure the security of its users’ data, including a $1.5 billion project to store the information on Oracle servers in the U.S. and allow outside monitors to inspect its source code, go “above and beyond” what any of its rivals are doing, according to Chew’s prepared remarks released ahead of his appearance before the U.S. House Committee on Energy and Commerce.
He distanced TikTok from its Chinese roots and denied the “inaccurate” belief that TikTok’s corporate structure makes it “beholden to the Chinese government.” ByteDance has evolved into a privately held “global enterprise,” Chew said, with 60% owned by big institutional investors, 20% owned by the Chinese entrepreneurs who founded it and the rest by employees.“TikTok has never shared, or received a request to share, U.S. user data with the Chinese government,” Chew said.
U.S. regulators have reportedly threatened to ban TikTok unless the Chinese owners sell their stake. Lawmakers have introduced measures that would expand the Biden administration’s authority to enact a national ban and called for “structural restrictions” between TikTok’s American operations and ByteDance, including potentially separating the companies.
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