TikTok steps up efforts to clinch US security deal
Popular short-video app TikTok is offering to operate more of its business at arm’s length and subject it to outside scrutiny as it tries to convince the US government to allow it to remain under the ownership of Chinese technology company $ByteDance(FT0001$ ByteDance, according to people familiar with the matter.
TikTok has been seeking to assure US government departments and agencies for the last three years that the personal data of US citizens cannot be accessed.
Last year, President Joe Biden revoked an executive order by his predecessor Donald Trump to ban TikTok in the United States, but negotiations between his administration and the social media company continued over a potential deal that would address the security concerns.
TikTok has been seeking to assure US government departments and agencies for the last three years that the personal data of US citizens cannot be accessed.
Last year, President Joe Biden revoked an executive order by his predecessor Donald Trump to ban TikTok in the United States, but negotiations between his administration and the social media company continued over a potential deal that would address the security concerns.
The US Treasury Department and the Department of Justice, which have been leading the negotiations with TikTok, have been open to a deal to avoid the kind of legal challenge from the company that bogged down Trump’s bid to force a divestment, the sources said.
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