TikTok to operate as a US company, says White House adviser Larry Kudlow

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TikTok to operate as a US company, says White House adviser Larry Kudlow
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WASHINGTON (REUTERS) - A top White House adviser said on Thursday (July 16) that he expects TikTok to separate organisationally from its Chinese owner Beijing ByteDance Technology, amid growing US concerns about the security of the data handled by the short video app.. Read more at straitstimes.com.

WASHINGTON - A top White House adviser said on Thursday that he expects TikTok to separate organisationally from its Chinese owner Beijing ByteDance Technology, amid growing US concerns about the security of the data handled by the short video app.

"We haven't made final decisions but... I think TikTok is going to pull out of the holding company which is China-run and operate as an independent American company," Kudlow said.He declined to comment when asked if US companies could acquire TikTok. Kudlow's comments come as TikTok finds itself increasingly in the crosshairs of the Trump administration, with US-China strained by the coronavirus pandemic and Beijing's move to curb freedoms in Hong Kong.

 

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