Berliner Boersenzeitung - TikTok boss to deny China ties to US lawmakers

EUR -
AED 4.240257
AFN 73.32143
ALL 96.053795
AMD 433.817139
ANG 2.066822
AOA 1058.764604
ARS 1599.696819
AUD 1.675026
AWG 2.078272
AZN 1.967396
BAM 1.955877
BBD 2.317892
BDT 141.205579
BGN 1.973561
BHD 0.434817
BIF 3418.53506
BMD 1.154596
BND 1.481959
BOB 7.981315
BRL 6.067751
BSD 1.150845
BTN 109.078309
BWP 15.865627
BYN 3.425635
BYR 22630.074075
BZD 2.314491
CAD 1.604715
CDF 2635.36902
CHF 0.917923
CLF 0.027055
CLP 1068.301597
CNY 7.980392
CNH 7.989998
COP 4229.267091
CRC 534.421114
CUC 1.154596
CUP 30.596784
CVE 110.269357
CZK 24.603629
DJF 204.928096
DKK 7.496448
DOP 68.502706
DZD 153.573067
EGP 60.780401
ERN 17.318934
ETB 177.904429
FJD 2.606389
FKP 0.868614
GBP 0.866456
GEL 3.094767
GGP 0.868614
GHS 12.609498
GIP 0.868614
GMD 84.867224
GNF 10090.398654
GTQ 8.807348
GYD 240.899518
HKD 9.036039
HNL 30.555207
HRK 7.557064
HTG 150.85596
HUF 390.276858
IDR 19617.503194
ILS 3.622683
IMP 0.868614
INR 109.51363
IQD 1507.559561
IRR 1516272.693223
ISK 144.047794
JEP 0.868614
JMD 181.147157
JOD 0.818654
JPY 185.066713
KES 149.485906
KGS 100.96983
KHR 4609.182101
KMF 494.167328
KPW 1039.005581
KRW 1741.130593
KWD 0.355512
KYD 0.959038
KZT 556.361981
LAK 25029.988892
LBP 103054.87152
LKR 362.514322
LRD 211.168343
LSL 19.761581
LTL 3.409221
LVL 0.698404
LYD 7.34629
MAD 10.755925
MDL 20.213799
MGA 4796.189489
MKD 61.642435
MMK 2427.526343
MNT 4123.646826
MOP 9.285467
MRU 45.949815
MUR 54.000874
MVR 17.838939
MWK 1995.478838
MXN 20.923702
MYR 4.530678
MZN 73.836825
NAD 19.761581
NGN 1597.337286
NIO 42.351673
NOK 11.20288
NPR 174.524895
NZD 2.015881
OMR 0.443458
PAB 1.150845
PEN 4.008858
PGK 4.973196
PHP 69.911197
PKR 321.19049
PLN 4.298271
PYG 7524.297272
QAR 4.195866
RON 5.111746
RSD 117.404638
RUB 93.863708
RWF 1680.566396
SAR 4.33291
SBD 9.285301
SCR 17.363686
SDG 693.912357
SEK 10.938258
SGD 1.49255
SHP 0.866246
SLE 28.345751
SLL 24211.30527
SOS 657.725986
SRD 43.413994
STD 23897.798134
STN 24.500968
SVC 10.069398
SYP 129.111885
SZL 19.759781
THB 37.518628
TJS 10.995934
TMT 4.041085
TND 3.392934
TOP 2.779989
TRY 51.310654
TTD 7.819309
TWD 36.998328
TZS 2969.117305
UAH 50.443693
UGX 4287.169379
USD 1.154596
UYU 46.58184
UZS 14034.554481
VES 540.268027
VND 30409.162038
VUV 138.27014
WST 3.204592
XAF 655.982917
XAG 0.0165
XAU 0.000256
XCD 3.120353
XCG 2.074082
XDR 0.815832
XOF 655.982917
XPF 119.331742
YER 275.490657
ZAR 19.766689
ZMK 10392.750198
ZMW 21.663856
ZWL 371.779317
  • RBGPF

    -13.5000

    69

    -19.57%

  • GSK

    -0.1000

    53.84

    -0.19%

  • VOD

    -0.1400

    14.49

    -0.97%

  • BCE

    -0.2200

    25.25

    -0.87%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • RYCEF

    -0.5900

    14.65

    -4.03%

  • BTI

    0.3749

    57.8

    +0.65%

  • RELX

    -0.1000

    31.97

    -0.31%

  • RIO

    0.8500

    86.64

    +0.98%

  • BP

    0.5100

    46.68

    +1.09%

  • BCC

    0.1400

    74.43

    +0.19%

  • NGG

    -0.4800

    81.92

    -0.59%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • JRI

    -0.2700

    11.8

    -2.29%

  • AZN

    5.0200

    188.42

    +2.66%

TikTok boss to deny China ties to US lawmakers
TikTok boss to deny China ties to US lawmakers / Photo: Patrick T. Fallon - AFP/File

TikTok boss to deny China ties to US lawmakers

TikTok CEO Shou Zi Chew will staunchly deny allegations by US lawmakers Thursday that the hugely popular video-sharing app had ever, or ever would, share data with the Chinese government.

Text size:

The pledge will be part of Chew's testimony before the House Energy and Commerce Committee that is intended to oppose calls, including from the White House, that the app should be banned in the United States as long as it remains a Chinese company.

Both Republican and Democratic lawmakers are expected to give Chew a rough grilling and Chew will face an uphill battle to sway the US lawmakers over their national security concerns.

There are currently several pieces of legislation, including one bill backed by the White House, already paving the way for a ban of the app if TikTok fails to split from its parent company, Chinese firm ByteDance.

"Let me state this unequivocally: ByteDance is not an agent of China or any other country," Chew will say, according to his prepared remarks made available by the House committee.

"TikTok has never shared, or received a request to share, US user data with the Chinese government. Nor would TikTok honor such a request if one were ever made," Chew will add in his opening statement on Thursday.

Chew's remarks will list a long set of assurances and promote the company's elaborate plan -- known as Project Texas -- to satisfy US national security concerns.

According to that plan, the handling of US data will be ring-fenced into a separate division of the company, co-controlled with Oracle and under different management.

The Singaporean CEO will tell the US lawmakers that TikTok has already spent $1.5 billion on Project Texas and hired 1,500 US-based staff to make it a reality.

He will also argue US user traffic is running exclusively on Oracle's servers and that the algorithm driving TikTok's signature "For You" recommendations is processed in the US.

Chew will also tout TikTok's content moderation that is staffed by "more than 40,000 people" around the world.

TikTok "is not the platform of choice for individuals seeking to engage in harmful conduct," Chew will say, in a tacit criticism of rivals such as Google owned YouTube and Meta-owned Facebook that have also struggled with harmful or illegal content.

Chew will also point to the site’s new default of imposing a 60 minutes-a-day time limit for under 18-year-olds.

They also are barred from holding live streams, which are more difficult to monitor, though critics allege the rules are easy for underage users to circumvent.

(G.Gruner--BBZ)