US starts security investigation into TikTok - report - Breaking The News

US starts security investigation into TikTok - report

1 November

1 min read

The Committee on Foreign Investment in the United States (CFIUS) on Friday reportedly started investigating the acquisition of the US social media app Musical.ly by the TikTok owner ByteDance Technology Co., headquartered in Beijing.

According to sources, TikTok didn't ask for permission from CFIUS while acquiring Musical.ly which is the main reason why the US security panel decided to launch a national security review of TikTok, Reuters reported.

A TikTok spokesperson said: "TikTok has made clear that we have no higher priority than earning the trust of users and regulators in the US."

us-china relations cfius tiktok

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