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A new subsidiary, TikTok U.S. Data Security Inc. (USDS), was created to manage user data, software code, back-end systems, and content moderation. It would report to the Committee on Foreign Investment in the United States (CFIUS), not ByteDance or TikTok, even for hiring practices.
TikTok v. Trump was a lawsuit before the United States District Court for the District of Columbia filed in September 2020 by TikTok as a challenge to President Donald Trump 's executive order of August 6, 2020. The order prohibited the usage of TikTok in five stages, the first being the prohibition of downloading the application.
The result was that TikTok owner ByteDance—which initially planned on selling a small portion of TikTok to an American company—agreed to divest TikTok to prevent a ban in the United States and in other countries where restrictions are also being considered due to privacy concerns, which themselves are mostly related to its ownership by a ...
Donald Trump–TikTok controversy. In 2020, the United States government announced that it was considering banning the Chinese social media platform TikTok upon a request from then- president Donald Trump, who viewed the app as a national security threat. The result was that TikTok owner ByteDance —which initially planned on selling a small ...
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Show comments. The Justice Department has filed a lawsuit against TikTok and its parent company, ByteDance, accusing the social media giant of unlawfully collecting and retaining data from ...
Zhang Yiming ( Chinese: 张一鸣; born April 1, 1983) is a Chinese internet entrepreneur. He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok ). In March 2024, Zhang's personal wealth was estimated at US$40.2 billion, according to Bloomberg Billionaires ...