China-based technology company ByteDance is on a charm offensive, reports Reuters, ramping up efforts to distance its popular social app TikTok from the rest of its Chinese operations.
The PR moves coincide with a U.S. national security panel inquiry into the risks of a China-based company managing personal data of Americans, reports Reuters.
The Chinese technology company is seeking to provide assurances to the Committee on Foreign Investment in the United States (CFIUS) that personal data held by TikTok, which is widely popular with U.S. teenagers, is stored securely in the United States and will not be compromised by Chinese authorities, the sources said.
CFIUS, which reviews deals by foreign acquirers for potential national security risks, is looking into ByteDance’s $1 billion acquisition of social media app Musical.ly in 2017, which laid the foundations for TikTok’s rapid growth, Reuters reported earlier this month.
ByteDance’s response represents a key test of corporate China’s ability to operate businesses in the United States that handle personal data, as U.S. President Donald Trump’s trade war with China fans suspicion between the world’s two largest economies.
Exclusive: China's ByteDance moves to ringfence its TikTok app amid U.S. probe - sources [REUTERS]
The increasingly popular social media application TikTok has a concerning relationship with the Chinese state. That link became ever the more concerning today, when reports began circulating of a brand new partnership between the company that owns TikTok, ByteDance, and the government of China.
Just in time for the holidays, the China Law Blog (previously) rounds up the three most common scams in China that target foreign firms: "Come to China and celebrate our deal" (foreign business person concludes a deal, goes to China, and is roped into paying for a banquet, gifts for the Chinese company boss, and […]
I have but one question. Are they hiring? Sounds like a great place to work.
For some folks, writing notes by hand is just plain easier, but having to re-type them later can be a huge bore, not to mention time-sink. The guys from Rocketbook successfully merged the best parts of analog and digital note-taking with their Everlast notebook awhile back. And now, that tech just got a lot more […]
There are fast-paced card games, and some of them even require enough dexterity for a mini-workout (like Skip-Bo or Snap). But there’s nothing quite like the Mokuru® Card Game, which uses an already addictive fidget toy as the centerpiece for a cutthroat game of tabletop challenges. The game is named for the toy that gets […]
People who ask themselves why they need a dashcam usually have one thing in common: They’ve never been a serious collision. Even in fender benders, these gadgets can save you an immense amount of time and hassle, stopping headaches before they even start. If you’re looking for a reliable starter cam, the myGEKOgear Orbit 110 […]