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US lawmakers urge Commerce to put TikTok-parent ByteDance on export control list
Economic Times
·
1y ago
Medial
A group of 15 U.S. lawmakers have written a letter to the Commerce Department urging that China-based ByteDance, TikTok's parent company, be added to the government's export control list. They believe this move would address the critical vulnerabilities created by the company's access to American software. Previous efforts to ban TikTok or give the Biden administration new powers to restrict the app have not been successful. The lawmakers express concerns over TikTok's security and the potential for the Chinese government to control data on millions of U.S. users. However, TikTok claims that the letter misrepresents facts and disregards its efforts to safeguard user data.
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Democratic senator raises concerns about Joe Biden campaign's decision to join TikTok
Economic Times
·
1y ago
Medial
Democratic Senator Mark Warner expressed concern about the decision by President Joe Biden's campaign to join the Chinese-owned TikTok app, citing national security implications. Republican lawmakers have also criticized the move. The Biden campaign currently has over 57,000 followers on TikTok. The US government's ban on TikTok's use on government devices remains in place, and the Committee on Foreign Investment in the United States (CFIUS) has demanded that TikTok's Chinese owners sell their shares. Efforts in Congress to ban TikTok have stalled, but some lawmakers want TikTok's parent company, ByteDance, to be put on an export control list.
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US Senator says TikTok divestiture deadline could be extended to one year
Economic Times
·
1y ago
Medial
Lawmakers in the US may extend the deadline for TikTok's parent company, ByteDance, to divest the video-sharing app. The US House of Representatives has already voted in favor of giving ByteDance about six months to sell off TikTok's US assets or face a ban. Senate Commerce Committee chair Maria Cantwell suggested extending the deadline to one year, a move that could put the potential ban into 2025. The concerns over TikTok stem from worries about national security and data privacy, but TikTok denies any wrongdoing and maintains it has never shared US user data with China.
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TikTok to take on Amazon on home ground aims for $17.5 bn US e-commerce biz
Livemint
·
1y ago
Medial
ByteDance, the parent company of TikTok, is reportedly looking to enter the US e-commerce market with a TikTok shop. This move would put TikTok in direct competition with retail giants like Amazon, as well as other Chinese seller platforms. The company is shifting its focus from Southeast Asia to the US and Latin America, with plans to launch its e-commerce arm in Latin America soon. TikTok Shop allows users to browse and purchase items while watching short videos and live streams, creating a unique shopping experience.
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TikTok divestment bill would give government stronger legal position: US DOJ
Economic Times
·
1y ago
Medial
The US government believes it would have a stronger legal position if legislators ordered Chinese company ByteDance to divest TikTok instead of banning it, according to a document from the Justice Department. Lawmakers and the Biden administration have raised concerns about national security risks posed by TikTok's access to sensitive data. The one-page document highlights the need to separate TikTok from its Chinese-based parent and states that divestment would allow Americans to retain ownership of their data while minimizing disruption. A bill requiring divestment was unanimously approved by the House Energy and Commerce Committee. TikTok maintains that it has not shared US user data with the Chinese government.
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TikTok's Campaign to Stop U.S. Ban 'Backfires,' Enraging Congress
Gizmodo
·
1y ago
Medial
TikTok has sent a push notification to its users in the United States, urging them to call their local representative to protest against a potential ban on the app. The bipartisan bill gaining traction in Congress aims to ban TikTok unless its parent company, China-based ByteDance, relinquishes control. While TikTok's move initially generated a flood of phone calls to congressional offices, it ultimately angered lawmakers, who unanimously advanced the bill in a vote. The bill will now proceed to the House floor for further voting.
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Lawmakers introduce bill that would punish app stores for hosting TikTok
The Verge
·
1y ago
Medial
Lawmakers in the US are introducing a bill, the Protecting Americans from Foreign Adversary Controlled Applications Act, which aims to sever ties between TikTok and its Chinese parent company, ByteDance. The bill seeks to make it illegal to distribute apps controlled by ByteDance unless they separate from the Chinese tech giant. If enacted, the bill would impose a civil penalty on app stores and web hosting services that distribute TikTok without adhering to the ownership separation requirement. The bill also provides a process for designating other social media companies from countries like China as subject to the legislation.
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More than 50 US lawmakers, 21 states back US DOJ in TikTok lawsuit
Economic Times
·
1y ago
Medial
A group of 21 states and over 50 U.S. lawmakers are supporting the Justice Department in its defense of a law that requires TikTok's Chinese parent company, ByteDance, to sell its U.S. assets or face a ban. The lawmakers argue that TikTok poses a threat to national security and consumer privacy due to its ties to China. Meanwhile, TikTok and ByteDance, along with TikTok creators, have filed lawsuits to block the law. The fate of TikTok will be determined by the U.S. Court of Appeals for the District of Columbia in September. The law was passed with bipartisan support to protect national security concerns.
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US officials to brief senators Wednesday on threats posed by TikTok -- aide
Reuters
·
1y ago
Medial
U.S. national security officials are set to brief senators from the Commerce and Intelligence committees on the potential threats associated with foreign adversaries exploiting sensitive data of American citizens, including concerns related to Chinese-owned app TikTok. The briefing, organized by committee chairs Mark Warner and Maria Cantwell, as well as top Republicans Marco Rubio and Ted Cruz, comes as lawmakers consider the future of TikTok, with a recent House bill proposing divestment from parent company ByteDance within six months or face a ban.
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DeepSeek iOS app sends data unencrypted to ByteDance-controlled servers
Arstechnica
·
6m ago
Medial
The DeepSeek iOS app, an AI chatbot, transmits sensitive data unencrypted to ByteDance-controlled servers, bypassing Apple's encryption guidelines. While some data is encrypted, once decrypted by ByteDance, it poses privacy risks. The app uses outdated encryption and hardcoded keys, further compromising security. NowSecure advises removing the app due to these vulnerabilities. DeepSeek's Android version is reportedly less secure. US lawmakers urge banning the app on government devices due to potential national security threats.
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Billionaire Frank McCourt says he is open to teaming up on a TikTok bid
Economic Times
·
6m ago
Medial
US businessman Frank McCourt is open to teaming up with other buyers for TikTok's US operations if he can maintain control. Despite private equity interest, financing isn't the issue; the decision lies with TikTok's parent, ByteDance, or the Chinese government. His Project Liberty group aims to run TikTok on its tech, letting users control data usage. With TikTok's algorithm excluded, bidders seek ownership amid US legislative assurances and support from existing investors.
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