javascript hit counter
Business, Financial News, U.S and International Breaking News

TikTok CEO appeals to U.S. customers forward of Home testimony

N.H. Gov. Chris Sununu says TikTok should not be banned

TikTok CEO Shou Zi Chew appealed on to the app’s customers forward of what is anticipated to be a heated grilling within the U.S. Home Power and Commerce Committee this week, in a video posted to the platform Tuesday.

Filming from Washington, D.C., Chew emphasised the big scale of TikTok customers, small and medium-sized companies and its personal staff primarily based within the U.S. that depend on the corporate.

The message might preview his enchantment to lawmakers Thursday, the place he will probably be confronted with questions in regards to the means of its Chinese language mother or father firm ByteDance, and the Chinese language authorities, to entry U.S. person info collected by the app.

TikTok says it has labored to create a threat mitigation plan to make sure that U.S. knowledge would not get into the fingers of a international adversary by its app. The corporate has mentioned U.S. person knowledge is already saved exterior of China.

However many lawmakers and intelligence officers appear to stay unconvinced that the data may be secure whereas TikTok is owned by a Chinese language firm. TikTok mentioned final week that the Committee on Overseas Funding within the U.S., which is reviewing dangers associated to the app, is pushing for ByteDance to promote its stake or face a ban.

Learn extra about tech and crypto from CNBC Professional

Chew disclosed within the video that TikTok has greater than 150 million month-to-month lively customers, or MAUs, within the U.S., representing huge development from August 2020, when it mentioned for the primary time that it has about 100 million MAUs within the nation. That quantity consists of 5 million companies that use the app to achieve their clients, with most of these being small or medium-sized companies. He additionally mentioned TikTok has 7,000 U.S.-based staff.

“This comes at a pivotal second for us,” Chew mentioned, referencing lawmakers’ threats of a TikTok ban. “This might take TikTok away from all 150 million of you.”

Chew then appealed to customers on to share within the feedback what they need their representatives to learn about why they love TikTok.

Subscribe to CNBC on YouTube.

WATCH: TikTok and ByteDance spied on this Forbes reporter

TikTok and ByteDance spied on this Forbes reporter

This text was initially printed by Learn the authentic article right here.

Comments are closed.