TikTok's potential U.S. ban presents host of questions for app stores, internet companies and the government

"There will almost always be ways around this," Schmidt said. "It would just be a lot more difficult for the average person to do it without getting an advanced degree in computer security or something."

TikTok has sought to reassure the U.S. government that U.S. user data is stored outside of China. The company has developed an elaborate plan known as Project Texas that includes the vetting of its code in the U.S. and a separate board of directors for a domestic subsidiary, with members reviewed by the U.S. government.The Wall Street JournalBut the mood in Washington isn't moving in TikTok's favor, and legislators have lost whatever trust they once may have had in China and its motives.

While many users may think their casual social media use would be of little interest to a foreign government, Schmidt said that data can have a surprising amount of value to bad actors.

So much for freedom of speech.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSJ News Exclusive | U.S. Threatens to Ban TikTok if Chinese Founder Doesn’t Sell Ownership StakeBreaking: The U.S. demanded that TikTok's Chinese owners sell their stakes in the company or face a possible ban of the app in the U.S. It's a matter of time before THE SINGULARITY occurs and surpasses human capacity. ai asi technology No skin in the game but this “threat” keeps popping up…walk the walk, then. This is like 2020 on repeat. Trump demanded this same thing and I remember TikTok was going to sell its U.S. business to Microsoft. Then Biden received the most votes in election history and here we are
Source: WSJ - 🏆 98. / 63 Read more »