Home » News » Tech » TikTok Close To Finalising U.S. Security Deal to Avoid Sale
1-MIN READ

TikTok Close To Finalising U.S. Security Deal to Avoid Sale

Reuters

Last Updated: September 27, 2022, 14:04 IST

New York

TikTok is awaiting the deal which will allow the platform to run in the country

TikTok is awaiting the deal which will allow the platform to run in the country

U.S. lawmakers and TikTok are hammering out a plan, under which the shortform video app would make changes to its data security and governance without requiring its parent firm, China's ByteDance to sell it, the New York Times reported on Monday.

(Reuters) - U.S. lawmakers and TikTok are hammering out a plan, under which the short-form video app would make changes to its data security and governance without requiring its parent firm, China's ByteDance to sell it, the New York Times reported on Monday.

TikTok and the Biden administration have drafted a preliminary agreement to resolve national security concerns but are still deciding on a potential agreement, the Times reported, citing people familiar with the matter.

ByteDance and TikTok did not immediately respond to Reuters' request for comment.

TikTok has long faced scrutiny from U.S. lawmakers, who have questioned the Chinese-owned app's safeguards of user data.

It has been over two years since a U.S. national security panel ordered parent company ByteDance to divest TikTok because of fears that U.S. user data could be passed on to China's communist government.

TikTok is one of the world's most popular social media apps, with more than 1 billion active users globally, and counts the United States as its largest market.

Read all the Latest Tech News and Breaking News here

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)
first published:September 27, 2022, 14:04 IST
last updated:September 27, 2022, 14:04 IST
Read More