TikTok, a unit of Chinese-based ByteDance Ltd, said in a letter to lawmakers, a copy of which was seen by Reuters, that it had hired a US-based auditing firm to analyse TikTok data security practices. "TikTok claims they don't store American user data in China. Last week, Reuters reported that the Committee on Foreign Investment in the United States, or CFIUS, had launched a national security review of TikTok. In its letter, TikTok said its investors were mainly big institutional investors and that the app was not available in China. The national security review is focused on TikTok owner Beijing ByteDance Technology Co's $1 billion acquisition of US social media app Musical.ly.

Source: bd News24 November 05, 2019 22:07 UTC