Tiktok's management is discussing the possibility of bumping and stripping from its Chinese parent company bytes to help solve concerns about national security risks.
According to Bloomberg report on March 14, people familiar with the matter revealed that the peeling measures for sale or IPO are considered the final options.It will only be carried out when approval.
People familiar with the matter said that even so, such transactions must be approved by the Chinese government.
Tiktok is being reviewed by the US Foreign Investment Commission (CFIUS).Tiktok agreed to implement some measures last year to resolve national security concerns of US officials.This plan, known as the "Texas Plan", includes introducing American technology giant Oracle custody American user data and reviewing his software, and appointed a three -person supervision committee approved by the government.
People familiar with the matter said that the censorship of cross -departmental institutions CFIUS has stagnated, so that Tiktok cannot determine whether the plan can support the company to continue to operate in the United States.Other people familiar with the matter said that CFIUS members from the Ministry of Justice have been reluctant to accept the Tiktok solution.
Tiktok also faces a series of potential legislative bills in the United States Congress, which requires separation of some of these bills.Members are worried that the Tiktok application may be forced to share data with the Chinese government or may be used by Beijing as an impact tool.Some proposals supported by the two parties require that the video is prohibited from sharing applications or forced them to sell.
"Whether Tiktok is prohibited or tiktok is stripped from bytes, it cannot solve national security issues related to data transmission," said the Tiktok spokesman Brooke Oberwetter. "According to the Texas plan, our United States in the United StatesThe user’s Tiktok data will be placed under the security standards that are much higher than any US company. "
Tiktok CEO Zhou will capitalize the data privacy and security of the application next weekThe practice and the relationship between the company and the Chinese government testimony to the House of Representatives Energy and Commerce.
