The Biden administration reportedly rejected an offer from TikTok’s parent company ByteDance in 2022, that would have given it extraordinary influence over the world’s most popular app.
The proposal would have allowed federal officials to pick TikTok’s U.S. operation’s board of directors, given the government veto power over each new hire and seen TikTok pay an American company that contracts with the Defense Department to monitor its source code.
It even offered to give federal officials a “kill switch” that would shut the app down in the United States, if it was determined to be a threat. So why was it declined? The Washington Post has more (gift link).
https://www.washingtonpost.com/technology/2024/05/29/tiktok-cfius-proposal-rejected/?pwa[…]lamVjdGVkLyJ9.DgdWa2wf7yaiVFuybiYvMOw8ajrXfWXkSg-vejF8S8Y
#TikTok #TikTokBan #ByteDance #Biden #SocialMedia #Tech
Flipboard Picks in Tech /
npub1ytc…gytl
2024-05-29 23:25:24
Author Public Key
npub1ytcd9y97dy4ye3ndqq8ewftmy47umqdxf3mtvvl45xe6k5tn3fssa6gytlPublished at
2024-05-29 23:25:24Event JSON
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"content": "The Biden administration reportedly rejected an offer from TikTok’s parent company ByteDance in 2022, that would have given it extraordinary influence over the world’s most popular app.\n\nThe proposal would have allowed federal officials to pick TikTok’s U.S. operation’s board of directors, given the government veto power over each new hire and seen TikTok pay an American company that contracts with the Defense Department to monitor its source code.\n\nIt even offered to give federal officials a “kill switch” that would shut the app down in the United States, if it was determined to be a threat. So why was it declined? The Washington Post has more (gift link).\n\nhttps://www.washingtonpost.com/technology/2024/05/29/tiktok-cfius-proposal-rejected/?pwa[…]lamVjdGVkLyJ9.DgdWa2wf7yaiVFuybiYvMOw8ajrXfWXkSg-vejF8S8Y\n\n#TikTok #TikTokBan #ByteDance #Biden #SocialMedia #Tech",
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