TikTok is discussing a possible spin-off from Chinese parent company ByteDance to address US national security concerns. It has been reported Bloomberg With reference to informed sources.
According to them, such a move is currently seen as a last resort if the social network fails to convince the US government that TikTok is not a threat to American national security.
Sources say that in this case, a split from parent company ByteDance would have to be approved by the Chinese government.
Formerly the Foreign Relations Committee of the U.S. House of Representatives approved A bill that would allow President Joe Biden to ban the Chinese social network TikTok from operating in the country.
A package of amendments from the US House of Representatives was passed by a majority of committee members. Of the 40 people, 24 voted in favor of the initiative and 16 voted against it. The document was put to the general vote in the House of Representatives.