TikTok Is One Of The Few Tech Companies Aggressively Hiring—Could Regulatory Scrutiny Impede Its U.S. Presence?

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While Big Tech is shedding jobs, TikTok CEO Shou Zi Chew said his company is aggressively hiring in the United States. The social media company will add around 3,000 software engineers to its current headcount of more than 1,000 developers based in Mountain View, California.

Election decisions and other activities can be manipulated by the social media platform’s powerful proprietary algorithms. Chinese national security laws can force Chinese, American and other foreign-owned firms operating in China to. China's authorities can harness intellectual property, commercial secrets and personal data.

Wray said at a congressional hearing that Chinese law essentially requires companies to"do whatever the government wants them to in terms of sharing information or serving as a tool of the Chinese government," adding that this is extremely concerning. When asked at the Bloomberg New Economy Forum in Singapore on Wednesday about Wray’s remarks, Chew said he felt “To alleviate concerns surrounding U.S. national security, the company is working on an initiative—

—that is designed to isolate and safeguard the sensitive data of its U.S. users, so that only its U.S.-based staff can access it. The chief executive called this program “unprecedented.”

 

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