‘This could take TikTok away from all 150 million of you’, TikTok chief executive Shou Zi Chew said in a video.
to sell their shares or risk a ban. A forced sale would likely mean a protracted legal challenge from TikTok.
“Changing ownership doesn’t change the core fundamental concerns about data access and content influence that [TikTok] receives scrutiny for,” they told“We need to have a conversation around setting industry standards and not looking at this in a very piecemeal approach,” they said. TikTok says it has invested more than $US1.5 billion in its attempts to tackle concerns about data security raised by US politicians through what the company calls ‘Project Texas’.
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