The CEO of TikTok attended a U.S. On Thursday, a congressional committee. He was questioned about user and data security while making an argument for why the hugely popular video-sharing app shouldn’t be outlawed. The issue of whether TikTok should be sold to a US company looms.
The timing of Shou Zi Chew’s testimony is crucial for the company, which has 150 million American customers but is under increasing regulatory pressure. TikTok and its parent company ByteDance have been caught up in the larger geopolitical conflict between Beijing and Washington over trade and technology.
Because of its close ties to Beijing, the social media platform’s credibility was criticized by Republican Committee Chair Cathy McMorris Rodgers in her opening remarks. McMorris Rodgers said, “Mr. Chew, you are here because the American people need the truth about the threat that TikTok poses to our personal and national security. TikTok has repeatedly gone down a path that leads to increased surveillance, control, and manipulation.
In an effort to avoid a ban, TikTok has been pitching regulators on a $1.5 billion plan known as Project Texas, in which all user data from the United States is sent to domestic servers that are owned and maintained by software giant Oracle. A separate company called TikTok U.S., which employs 1,500 people, is in charge of controlling access to American data as part of the project. Data Security is run independently of ByteDance and would be subject to third-party monitoring.
As of October, all fresh user data from Americans was kept domestically. The effort to remove all historical U.S. user data from non-Oracle servers reportedly started this month and is expected to be completed later this year, according to Chew.
As chief financial officer of Xiaomi, a Chinese smartphone manufacturer with global ambitions to compete with Apple, he was responsible for the company’s investments. In 2015, he joined Xiaomi at the age of 32.
Three years later, the company went public following Chew’s assistance in securing the necessary funds. Although its share performance has since been inconsistent, at the time, this was one of China’s largest technology-related initial public offerings ever. In 2019, he was appointed to lead the global business of the company.
Due to concerns about the security of the 100 million Americans who use the popular video platform, the White House supported legislation that would effectively ban the app.
White House press secretary Karine Jean-Pierre stated, “The bottom line is that when it comes to potential threats to our national security, the safety of Americans, and privacy, we’re going to speak out, and we’re going to be very clear about that, just as the president has been for the last two years.” “And so, we’re asking Congress to act, we’re asking Congress to move forward with this bipartisan legislation, the RESTRICT Act, and we’re going to tamp down on these threats
CWEBÂ has provided some information for this story.
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