TikTok considers split with ByteDance amid US committee review
We’ve been tracking the push in the U-S to ban Tik-Tok over national security risks.
To help ease concerns — Tik-Tok is discussing the possibility of separating from its Chinese parent company Byte-Dance.
The short-form video app is undergoing a national security review by the U-S Committee on Foreign Investment.
The review has stalled — leaving Tik-Tok unsure if it will be allowed to continue operating in the U.S.
Splitting from Byte-Dance would be considered a last resort — only to be used if other measures fail to get the committee’s approval.
Tik-Tok has come under increasing fire over fears user data could end up in the hands of the Chinese government.
A split between Tik-Tok and Byte-Dance would have to be approved by the government.