NurPhoto / Contributor | NurPhoto
After US President Joe Biden and the Committee on Foreign Investment in the United States (CFIUS) spent years trying to work out a deal with TikTok that could address national security concerns, Biden seems to have given up. Yesterday, TikTok confirmed that the Biden administration issued an ultimatum to the app’s China-based owners to either divest their stakes or risk a TikTok ban in the US,
Biden’s demand comes just one week before TikTok CEO Shou Zi Chew is scheduled to testify before the House Energy and Commerce Committee.
The Wall Street Journal confirmed
that Chew is already in the US and is working with “experienced Washington advisers” to help him defend TikTok against its harshest critics in Congress next Thursday.
Chew told The Journal that forcing a sale does not address national security concerns any better than the deal that TikTok had already worked out with the CFIUS. Under the deal that Biden seems to be shrugging off now, TikTok has already invested billions in moving its US users’ data to US servers and hiring independent monitors to ensure that Americans’ TikTok feeds can’t be manipulated and that their data can’t be accessed by China authorities.