House members of both parties told TikTok CEO Shou Zi Chew that the video platform, owned by Chinese company ByteDance, was a threat to America's national security and to the privacy and well-being of its 150 million U.S. users, especially children. Chew responded that ByteDance is mostly owned by institutional investors, including American ones, and that TikTok is moving all data from U.S. users to American servers run by Oracle, an American company. |