The China Mail - TikTok confirms US urged parting ways with ByteDance to dodge ban

USD -
AED 3.672499
AFN 66.419163
ALL 83.598003
AMD 382.872845
ANG 1.789982
AOA 916.9998
ARS 1419.988799
AUD 1.531616
AWG 1.8075
AZN 1.691881
BAM 1.692542
BBD 2.015612
BDT 122.185827
BGN 1.6925
BHD 0.376994
BIF 2947.626218
BMD 1
BND 1.303893
BOB 6.940929
BRL 5.292002
BSD 1.000753
BTN 88.712434
BWP 13.392123
BYN 3.411595
BYR 19600
BZD 2.01267
CAD 1.403298
CDF 2148.000384
CHF 0.804965
CLF 0.023909
CLP 937.939723
CNY 7.11965
CNH 7.124902
COP 3753.72
CRC 502.449071
CUC 1
CUP 26.5
CVE 95.428287
CZK 21.013797
DJF 178.203941
DKK 6.461715
DOP 64.333558
DZD 130.516879
EGP 47.260168
ERN 15
ETB 153.670114
EUR 0.86538
FJD 2.279499
FKP 0.760102
GBP 0.759465
GEL 2.704944
GGP 0.760102
GHS 10.948744
GIP 0.760102
GMD 72.999757
GNF 8686.772533
GTQ 7.671304
GYD 209.377096
HKD 7.77385
HNL 26.329454
HRK 6.520197
HTG 131.020995
HUF 332.026984
IDR 16698
ILS 3.235249
IMP 0.760102
INR 88.670097
IQD 1310.988802
IRR 42100.000176
ISK 126.529788
JEP 0.760102
JMD 161.077601
JOD 0.708991
JPY 154.289499
KES 129.239773
KGS 87.450224
KHR 4018.900254
KMF 420.999728
KPW 900.001961
KRW 1464.509974
KWD 0.30713
KYD 0.83399
KZT 524.287556
LAK 21730.288266
LBP 89616.539597
LKR 304.310576
LRD 183.14546
LSL 17.198948
LTL 2.95274
LVL 0.60489
LYD 5.460698
MAD 9.265188
MDL 16.987876
MGA 4495.772503
MKD 53.248063
MMK 2099.688142
MNT 3580.599313
MOP 8.012358
MRU 39.738996
MUR 45.860521
MVR 15.405047
MWK 1735.307608
MXN 18.390845
MYR 4.159501
MZN 63.959909
NAD 17.198948
NGN 1436.301691
NIO 36.82293
NOK 10.138085
NPR 141.931911
NZD 1.772375
OMR 0.384488
PAB 1.000744
PEN 3.377656
PGK 4.224901
PHP 58.903007
PKR 282.959594
PLN 3.665795
PYG 7089.387554
QAR 3.647677
RON 4.399901
RSD 101.410974
RUB 81.249692
RWF 1454.57063
SAR 3.750503
SBD 8.230592
SCR 13.606037
SDG 600.498905
SEK 9.52301
SGD 1.303015
SHP 0.750259
SLE 23.169553
SLL 20969.499529
SOS 570.906857
SRD 38.496502
STD 20697.981008
STN 21.202392
SVC 8.756155
SYP 11056.839565
SZL 17.193842
THB 32.401015
TJS 9.272291
TMT 3.51
TND 2.954456
TOP 2.342104
TRY 42.235901
TTD 6.788227
TWD 30.981992
TZS 2455.596494
UAH 42.079825
UGX 3512.841039
UYU 39.819122
UZS 12023.867732
VES 228.194006
VND 26307.5
VUV 122.518583
WST 2.820889
XAF 567.66765
XAG 0.019706
XAU 0.000241
XCD 2.70255
XCG 1.803572
XDR 0.705996
XOF 567.66765
XPF 103.207605
YER 238.498708
ZAR 17.15655
ZMK 9001.200955
ZMW 22.641558
ZWL 321.999592
  • RBGPF

    0.0000

    76

    0%

  • RYCEF

    0.0200

    14.82

    +0.13%

  • CMSD

    0.0600

    24.16

    +0.25%

  • SCS

    -0.0200

    15.74

    -0.13%

  • RELX

    -0.2400

    42.03

    -0.57%

  • BCC

    -0.8100

    69.83

    -1.16%

  • VOD

    0.1200

    11.7

    +1.03%

  • JRI

    -0.0600

    13.68

    -0.44%

  • GSK

    0.7300

    47.36

    +1.54%

  • RIO

    0.9600

    70.29

    +1.37%

  • CMSC

    0.0400

    23.89

    +0.17%

  • NGG

    -0.4200

    77.33

    -0.54%

  • BCE

    -0.2500

    22.94

    -1.09%

  • BTI

    0.8300

    55.42

    +1.5%

  • BP

    0.5400

    37.12

    +1.45%

  • AZN

    2.9000

    87.48

    +3.32%

TikTok confirms US urged parting ways with ByteDance to dodge ban

TikTok confirms US urged parting ways with ByteDance to dodge ban

TikTok confirmed Wednesday that US officials have recommended the popular video-sharing app part ways with its Chinese parent ByteDance to avoid a national ban.

Text size:

Western powers, including the European Union and the United States, have been taking an increasingly tough approach to the app, citing fears that user data could be used or abused by Chinese officials.

"If protecting national security is the objective, calls for a ban or divestment are unnecessary, as neither option solves the broader industry issues of data access and transfer," a TikTok spokesperson told AFP.

"We remain confident that the best path forward to addressing concerns about national security is transparent, US-based protection of US user data and systems, with robust third-party monitoring, vetting, and verification."

The Wall Street Journal and other US news outlets on Wednesday reported that the White House set an ultimatum: if TikTok remains a part of ByteDance, it will be banned in the United States.

"This is all a game of high stakes poker," Wedbush analyst Dan Ives said in a note to investors.

Washington is "clearly... putting more pressure on ByteDance to strategically sell this key asset in a major move that could have significant ripple impacts," he continued.

The White House last week welcomed a bill introduced in the US Senate that would allow President Joe Biden to ban TikTok.

The bipartisan bill "would empower the United States government to prevent certain foreign governments from exploiting technology services... in a way that poses risks to Americans' sensitive data and our national security," Biden's national security advisor, Jake Sullivan, said in a statement.

The bill's introduction and its quick White House backing accelerated the political momentum against TikTok, which is also the target of a separate piece of legislation in the US House of Representatives.

Appearing tough on China is one of the rare issues with potential for bipartisan support in both the Republican-run House and the Senate, where Biden's Democratic Party holds the majority.

Concern ramped up among American officials earlier this year after a Chinese balloon, which Washington alleged was on a spy mission, flew over US airspace.

- TikTok use rocketing -

TikTok claims it has more than a billion users worldwide including over 100 million in the United States, where it has become a cultural force, especially among young people.

Activists argue a ban would be an attack on free speech, and stifle the export of American culture and values to TikTok users around the world.

US government workers in January were banned from installing TikTok on their government-issued devices.

Civil servants in the European Union and Canada are also barred from downloading the app on their work devices.

According to the Journal report, the ultimatum to TikTok came from the US interagency board charged with assessing risks foreign investments represent to national security.

US officials declined to comment on the report.

TikTok has consistently denied sharing data with Chinese officials, and says it has been working with the US authorities for more than two years to address national security concerns.

Time spent by users on TikTok has surpassed that spent on YouTube, Facebook, Instagram or Twitter and is closing in on streaming television titan Netflix, according to market tracker Insider Intelligence.

X.Gu--ThChM