The proposed reorganization is part of the ByteDance-owned app’s attempt to convince US lawmakers it is not allowing Beijing to spy on American users.
TikTok has reportedly proposed to have an independent, third-party monitor check the social media app’s algorithms to determine if the Chinese government is accessing Americans’ user data.
The proposed reorganization is part of the ByteDance-owned app’s attempt to convince US lawmakers that it is not allowing Beijing to spy on American users of the popular video-sharing platform. CFIUS is a federal agency that operates under the auspices of the Treasury Department. It is tasked with reviewing transactions involving foreign investment in the US.
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