TikTok's National Security Saga Nears Its End

TikTok's national security clash with the U.S. government may be nearing its conclusion, without the sort of shareholder overhaul that was previously proposed. From a report: The social media company is in advanced talks with the Committee on Foreign Investment in the United States (CFIUS) to store all of its U.S. user information with Oracle, without Chinese owner ByteDance being able to access it, as first reported by Reuters and confirmed by Axios. Data sovereignty has been the core regulatory concern since this all began in mid-2020, at least for career staff. Certain political appointees of the Trump administration also expressed fears that the Chinese government could use TikTok to influence U.S. political or social sentiment, but content moderation seems outside the scope of current talks.

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