Senators pressure CFIUS to wrap up TikTok probe with strict restrictions, potentially even separating it from its Chinese parent company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The letter is a signal of heightened pressure on the panel as TikTok has so far been able to continue its operations in the U.S.

who it said improperly accessed the information on U.S. journalists. The company has said U.S. user data is not stored in China and that it continually tests its security measures.

CFIUS' probe into TikTok stems from ByteDance's 2017 acquisition of U.S. company Musical.ly. The group is empowered to investigate foreign investments and transactions with potential national security risks. Blumenthal and Moran warned CFIUS against making a deal that would only require TikTok and ByteDance to alter certain practices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines