The Fort Worth Press - TikTok chief faces off with US lawmakers as ban looms

USD -
AED 3.672502
AFN 64.000173
ALL 82.24974
AMD 367.469971
ANG 1.790403
AOA 917.503419
ARS 1491.993459
AUD 1.443804
AWG 1.8025
AZN 1.700431
BAM 1.710303
BBD 2.013834
BDT 123.232447
BGN 1.69088
BHD 0.377022
BIF 2984
BMD 1
BND 1.291434
BOB 6.923833
BRL 5.172898
BSD 0.999886
BTN 94.906999
BWP 13.504556
BYN 2.855969
BYR 19600
BZD 2.010948
CAD 1.42021
CDF 2254.999849
CHF 0.80896
CLF 0.023553
CLP 926.990054
CNY 6.79415
CNH 6.80416
COP 3339.9
CRC 455.51533
CUC 1
CUP 26.5
CVE 96.874973
CZK 21.24785
DJF 177.719724
DKK 6.554315
DOP 58.875018
DZD 133.037492
EGP 48.812978
ERN 15
ETB 159.150632
EUR 0.87681
FJD 2.24225
FKP 0.74808
GBP 0.749185
GEL 2.644973
GGP 0.74808
GHS 11.415015
GIP 0.74808
GMD 73.504962
GNF 8780.000311
GTQ 7.629008
GYD 209.151527
HKD 7.841895
HNL 26.765367
HRK 6.607203
HTG 130.805488
HUF 311.729914
IDR 18004
ILS 3.03695
IMP 0.74808
INR 95.59365
IQD 1310.5
IRR 1375000.00032
ISK 125.92028
JEP 0.74808
JMD 157.475908
JOD 0.709023
JPY 162.336498
KES 129.260179
KGS 87.450065
KHR 4009.999997
KMF 430.99991
KPW 900.00035
KRW 1519.520206
KWD 0.30976
KYD 0.833206
KZT 469.178771
LAK 22525.000044
LBP 89241.75391
LKR 334.761659
LRD 181.734998
LSL 16.240134
LTL 2.95274
LVL 0.60489
LYD 6.40982
MAD 9.365014
MDL 17.592738
MGA 4289.999851
MKD 54.043747
MMK 2099.417966
MNT 3585.605216
MOP 8.076412
MRU 40.060038
MUR 47.079996
MVR 15.459923
MWK 1737.000044
MXN 17.525401
MYR 4.080102
MZN 63.910313
NAD 16.240306
NGN 1371.319779
NIO 36.795039
NOK 9.807005
NPR 151.84952
NZD 1.760955
OMR 0.384505
PAB 0.999886
PEN 3.398498
PGK 4.37975
PHP 61.560501
PKR 278.201278
PLN 3.772605
PYG 6087.237875
QAR 3.643502
RON 4.5899
RSD 102.901785
RUB 76.497718
RWF 1465.5
SAR 3.82526
SBD 8.097299
SCR 13.206138
SDG 600.495264
SEK 9.70137
SGD 1.29333
SHP 0.746601
SLE 24.374984
SLL 20969.503664
SOS 571.498647
SRD 37.587027
STD 20697.981008
STN 21.7
SVC 8.749262
SYP 110.532098
SZL 16.269857
THB 33.427984
TJS 9.243786
TMT 3.51
TND 2.950222
TOP 2.40776
TRY 46.858204
TTD 6.785945
TWD 32.150904
TZS 2624.997975
UAH 44.49669
UGX 3659.688336
UYU 40.243455
UZS 12035.000163
VES 674.08685
VND 26292
VUV 120.145102
WST 2.767779
XAF 573.619637
XAG 0.016725
XAU 0.000244
XCD 2.70255
XCG 1.801948
XDR 0.71319
XOF 571.999846
XPF 104.875019
YER 237.049627
ZAR 16.31925
ZMK 9001.214885
ZMW 18.422779
ZWL 321.999592
  • RBGPF

    0.1700

    68.32

    +0.25%

  • CMSC

    -0.0800

    21.98

    -0.36%

  • CMSD

    -0.0400

    22.19

    -0.18%

  • NGG

    0.5200

    83.11

    +0.63%

  • RELX

    0.5400

    32.81

    +1.65%

  • RIO

    -2.3300

    91.25

    -2.55%

  • BTI

    0.3400

    61.8

    +0.55%

  • BP

    1.2200

    38.61

    +3.16%

  • GSK

    0.2300

    53.32

    +0.43%

  • RYCEF

    -0.6600

    19.43

    -3.4%

  • BCE

    0.5300

    21.4

    +2.48%

  • BCC

    -1.8800

    73.4

    -2.56%

  • JRI

    -0.0100

    13.1

    -0.08%

  • VOD

    -0.0300

    13.05

    -0.23%

  • AZN

    2.9600

    193.12

    +1.53%

TikTok chief faces off with US lawmakers as ban looms
TikTok chief faces off with US lawmakers as ban looms / Photo: © AFP

TikTok chief faces off with US lawmakers as ban looms

TikTok CEO Shou Zi Chew battled for the survival of the hugely popular video-sharing app in the United States on Thursday, as he faced skeptical Washington lawmakers over the company's alleged ties to the Chinese government.

Text size:

The 40-year-old Singaporean addressed the powerful House Energy and Commerce Committee for hours of serious grilling by both Republicans and Democrats who fear that Beijing could subvert the site for spying or to push propaganda.

TikTok, owned by Chinese company ByteDance, is under immense pressure across Western countries, with government officials in Washington, the United Kingdom and Canada forced to delete the app from their devices.

The app's gravest threat is from the United States, where the administration of President Joe Biden has set an ultimatum that the company either dump its Chinese ownership or face an outright ban.

"ByteDance is not owned or controlled by the Chinese government and is a private company," Chew told lawmakers in his opening remarks.

"60 percent of the company is owned by global institutional investors. Twenty percent is owned by the founder and 20 percent owned by employees around the world," he said.

"We believe what's needed are clear transparent rules that apply broadly to all tech companies -- ownership is not at the core of addressing these concerns," Chew added.

A ban would be an unprecedented act on a media company by the US government, cutting off 150 million monthly users in the country from an application that has become a cultural powerhouse -- especially for young people -- and the nation's most viewed source of online entertainment after Netflix.

Despite his assurances, the cards in Washington seemed to be stacked against Chew, with several pieces of legislation, including one bill backed by the White House, already paving the way for a ban of the app.

"Tik Tok has repeatedly chosen the path for more control, more surveillance and more manipulation. Your platform should be banned," Cathy McMorris Rodgers, chair of the House Energy and Commerce Committee, said as she began the hearing.

The 150 million American users on TikTok, are "Americans that the CCP can collect sensitive information on, and control what we ultimately see, hear and believe," added the Republican, referring to the Chinese Communist Party.

- 'Stop suppressing' -

In the final months of his term, former president Donald Trump also attempted to ban the app, but his effort was ultimately blocked by a US judge.

During that battle, a potential sale to Microsoft or spinoff to Oracle never got off the ground due to opposition in China.

The commerce ministry in Beijing said Thursday that it would "firmly oppose" a forced sale, underlining that any sale or spin-off of TikTok would require approval by Chinese authorities.

"Forcing the sale of TikTok... will seriously undermine the confidence of investors from various countries, including China, to invest in the US," added spokesperson Shu Jueting.

In a TikTok post earlier this week, Chew asked US users to defend their favorite app by sharing "what you love" about the platform with elected representatives.

On Wednesday, a group of around a dozen teenagers, teachers and business owners rallied at the US Capitol to express their opposition to a potential ban.

"Are there other platforms out there? Absolutely -- I'm on them. But none of them have the reach that TikTok has," aspiring soapmaking entrepreneur @countrylather2020 told her 70,000 followers in a video recorded after she arrived in Washington.

A sale, even if all parties agreed, would be very complicated.

The success of the platform is due to its powerful recommendation algorithm, and "separating the algorithm between TikTok and ByteDance is like a Siamese twins operation," analyst Dan Ives of Wedbush told AFP.

TikTok still hopes to appease the authorities.

Chew's testimony will promote the company's elaborate plan -- known as Project Texas -- to satisfy national security concerns, under which the handling of US data will be ring-fenced into a US-run division.

He will tell the lawmakers that TikTok has already spent $1.5 billion on the project and hired 1,500 US-based staff to launch it.

X.Silva--TFWP