TikTok creates new U.S. entity to reduce ties with China

A group of U.S. lawmakers discusses TikTok's new entity during a congressional hearing, highlighting concerns over data privacy and national security.

The deal, which was finalized in late September 2023, is part of TikTok’s broader strategy to mitigate fears that user data could be accessed by the Chinese government. By establishing a U.S.-based entity, TikTok aims to create a more transparent operational structure and reassure American users about their data security. This move reflects a growing … Read more