• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Bluetooth Network Name Disrupts United Airlines Flight To Spain

June 3, 2026

USA Hockey Hit With New Transgender Athlete Allegations By US Senate Committee

June 3, 2026

Dear Microsoft Stock Fans, Mark Your Calendars for June 2

June 3, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Wednesday, June 3
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Trump-backed Rep. Randy Feenstra loses Iowa governor primary

    June 3, 2026

    Congress Discreetly Moves To Merge US Military Even Closer To Israel’s

    June 3, 2026

    Democrats To Force Vote To Kill Trump’s Slush Fund And Immunity Scheme

    June 3, 2026

    Democrats seek more control over referenda in New York

    June 2, 2026

    Todd Blanche Says Trump Administration Is Ditching Weaponization Fund

    June 2, 2026
  • Health

    The Uncomfortable Truth MAHA Is Exposing About US Healthcare

    June 3, 2026

    How Decision Fatigue Affects Financial Decisions

    June 3, 2026

    The Current Ebola Outbreak Is A Global Threat. A Doctor Explains

    June 3, 2026

    Targeted Drug Shrinks Tumors In Hard-To-Treat Cancer

    June 2, 2026

    She Wasn’t Due For Her Colonoscopy. A Blood Test Found Cancer Anyway

    June 2, 2026
  • World

    Bluetooth Network Name Disrupts United Airlines Flight To Spain

    June 3, 2026

    Anti-ICE Radicals Plot to Disrupt Turning Point Women’s Summit in San Antonio Following Bomb Threat Arrest

    June 3, 2026

    Scott Pelley Rips CBS Heads In Staff Meeting After ‘60 Minutes’ Firings: Reports

    June 3, 2026

    Seven in Ten Believe Crime Is ‘Out of Control’,

    June 3, 2026

    Tina Peters Gets Out Of Jail, Immediately Returns To The Big Lie That Landed Her There

    June 3, 2026
  • Business

    Patagonia Begs Drag Queen Influencer To Stop Allegedly Using Their Logo

    June 3, 2026

    First Quarter GDP Revised Downward As Voters Fret Over Economy

    May 28, 2026

    Cash Drain On Americans’ Savings Accounts Nears Great Recession Levels

    May 28, 2026

    US Voters’ Confidence In Economy Nosedives To Nearly 4-Year Low

    May 22, 2026

    Elon Musk On Track To Be World’s First Trillionaire After Latest Move

    May 21, 2026
  • Finance

    Dear Microsoft Stock Fans, Mark Your Calendars for June 2

    June 3, 2026

    Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

    June 3, 2026

    Ballard Power (BLDP) Posts Revenue Growth and Third Straight Positive Gross Margin Quarter

    June 3, 2026

    Bass and Pratt will advance in L.A. mayoral race, traders say

    June 2, 2026

    Best Wells Fargo credit cards for June 2026

    June 2, 2026
  • Tech

    Five Action Items on AI to Start Right Now

    June 3, 2026

    Disney Employees Reportedly Disturbed by Senior Executive’s Relationship with AI Chatbot: ‘You Are My Son’

    June 3, 2026

    Trump Signs Executive Order Asking for Oversight of New AI Models

    June 3, 2026

    Meta’s Support Chatbot Helped Hijack High-Profile Instagram Accounts Including Obama White House

    June 2, 2026

    Luddites Weep as Scorsese and Spielberg Embrace AI

    June 2, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»TikTok Dismisses US Calls for Chinese Owners to Sell Stakes
Finance

TikTok Dismisses US Calls for Chinese Owners to Sell Stakes

March 16, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
TikTok Dismisses US Calls for Chinese Owners to Sell Stakes
Share
Facebook Twitter LinkedIn Pinterest Email
Advertisement

TikTok was dismissive Wednesday of reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app, saying such a move wouldn’t help protect national security.

The company was responding to a report in The Wall Street Journal that said the Committee on Foreign Investment in the United States, part of the Treasury Department, was threatening a U.S. ban on the app unless its owners, Beijing-based ByteDance Ltd., divested.

“If protecting national security is the objective, divestment doesn’t solve the problem: a change in ownership would not impose any new restrictions on data flows or access,” TikTok spokesperson Maureen Shanahan said. “The best way to address concerns about national security is with the transparent, U.S.-based protection of U.S. user data and systems, with robust third-party monitoring, vetting, and verification, which we are already implementing.”

The WSJ report cited anonymous “people familiar with the matter.” The Treasury Department and the White House’s National Security Council declined to comment.

Late last month, the White House gave all federal agencies 30 days to wipe TikTok off all government devices.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

The Office of Management and Budget called the guidance a “critical step forward in addressing the risks presented by the app to sensitive government data.” Some agencies, including the Departments of Defense, Homeland Security, and State, already have restrictions in place. The White House already does not allow TikTok on its devices.

Congress passed the “No TikTok on Government Devices Act” in December as part of a sweeping government funding package. The legislation does allow for TikTok use in certain cases, including for national security, law enforcement and research purposes.

See also  Chris Christie Nails TikTok for Propaganda, Not Just Spying

Meanwhile, lawmakers in both the House and Senate have been moving forward with legislation that would give the Biden administration more power to clamp down on TikTok.

Advertisement

Rep. Mike McCaul, the chairman of the House Foreign Relations Committee, has been a vocal critic of the app, saying the Chinese Communist Party is using it to “manipulate and monitor its users while it gobbles up Americans’ data to be used for their malign activities.”

“Anyone with TikTok downloaded on their device has given the CCP a backdoor to all their personal information. It’s a spy balloon into your phone,” the Texas Republican said.

TikTok remains extremely popular and is used by two-thirds of teens in the U.S. But there is increasing concern that Beijing could obtain control of American user data that the app has obtained.

The company has been dismissive of the ban for federal devices and has noted that it is developing security and data privacy plans as part of the Biden administration’s ongoing national security review.

Meanwhile, China accused the United States on Thursday of spreading disinformation and suppressing TikTok.

The United States has yet to present evidence that TikTok threatens its national security and was using the excuse of data security to abuse its power to suppress foreign companies, Foreign Ministry spokesperson Wang Wenbin told reporters at a daily briefing.

“The U.S. should stop spreading disinformation about data security, stop suppressing the relevant company, and provide an open, fair and non-discriminatory environment for foreign businesses to invest and operate in the U.S.,” Wang said.

See also  Why US Semiconductor Export Controls Backfire

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

China has long been concerned about the influence of overseas social media and communications apps, and bans most of the best-known ones, including Facebook, Twitter, Instagram, YouTube — and TikTok.

calls Chinese dismisses owners Sell Stakes TikTok
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Dear Microsoft Stock Fans, Mark Your Calendars for June 2

June 3, 2026

Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

June 3, 2026

Ballard Power (BLDP) Posts Revenue Growth and Third Straight Positive Gross Margin Quarter

June 3, 2026

Bass and Pratt will advance in L.A. mayoral race, traders say

June 2, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

The Advertising Industry Is Proving They Can’t Stand Free Speech

June 5, 2023

Dodgers’ Julio Urias Arrested on Domestic Violence Charges

September 4, 2023

Exit Stage Right: Investors Are Bailing On Green Funds

April 10, 2024

Uber shares fall as fears over Lyft’s pricing eclipse first operating profit

August 2, 2023
Don't Miss

Bluetooth Network Name Disrupts United Airlines Flight To Spain

World June 3, 2026

A United Airlines flight bound for Spain from Newark Liberty International Airport turned around midflight…

USA Hockey Hit With New Transgender Athlete Allegations By US Senate Committee

June 3, 2026

Dear Microsoft Stock Fans, Mark Your Calendars for June 2

June 3, 2026

Trump-backed Rep. Randy Feenstra loses Iowa governor primary

June 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,372)
  • Entertainment (4,862)
  • Finance (3,630)
  • Health (2,187)
  • Lifestyle (1,890)
  • Politics (3,426)
  • Sports (4,374)
  • Tech (2,203)
  • Uncategorized (4)
  • World (4,701)
Our Picks

Singapore hopes for substantial IPEF progress by APEC

October 15, 2023

Freedom Caucus Calls For ‘No Further Discussion’ On Debt Ceiling As More Dems Urge Biden To Invoke 14th Amendment

May 19, 2023

U.K. Judge Denies Julian Assange’s Appeal to Block U.S. Extradition

June 10, 2023
Popular Posts

Bluetooth Network Name Disrupts United Airlines Flight To Spain

June 3, 2026

USA Hockey Hit With New Transgender Athlete Allegations By US Senate Committee

June 3, 2026

Dear Microsoft Stock Fans, Mark Your Calendars for June 2

June 3, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.