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TikTok CEO Shou Chew appeared before the House Committee on Energy and Commerce on Thursday. Chew's remarks were often cut short as Congress members pressed him for "yes" or "no" responses. "Welcome to the most bipartisan committee in Congress," Republican Rep. Earl LeRoy "Buddy" Carter said, addressing Chew as "Mr. Chew's responses to questions were often cut short as members of Congress asked for shorter "yes" or "no" responses. In the days leading up to the committee hearing, TikTok helped arrange a press conference with Democratic Rep. Jamaal Bowman that it described as a push "in support of free expression."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok CEO Shou Zi Chew: We do not remove content at the request of the Chinese governmentTikTok CEO Shou Zi Chew testifies before Congress for the first time as the popular social media giant is on the brink of a potential ban in the U.S. for its Chinese ownership.
TikTok CEO Shou Zi Chew: We don't collect precise GPS data
  + stars: | 2023-03-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok CEO Shou Zi Chew: We don't collect precise GPS dataTikTok CEO Shou Zi Chew testifies before Congress for the first time as the popular social media giant is on the brink of a potential ban in the U.S. for its Chinese ownership.
"Welcome to the most bipartisan committee in Congress," boomed Rep. Rep. Greg Pence, R-Ind., noted this was the 32nd hearing Congress has held on privacy and Big Tech. A ban or forced sale of the app, which some members think is the only way to solve the immediate risks, is another matter. The Committee on Foreign Investment in the U.S. (CFIUS) is reviewing ByteDance's acquisition of TikTok's predecessor app, Musical.ly. Or, the government could find other ways to try to ban the app.
TikTok CEO Shou Zi Chew testified in front of US Congress, amid calls for a forced sale or ban. But after hours of grilling, the testimony likely had the opposite effect. A sale or ban of TikTok is still likelyWithout a radical shift in the conversation, the status quo is upheld. Which means that the same question is now being asked: Is TikTok more likely to be forced to sell, or will it be banned outright? "It's very possible that Congress advances these bills and, and passes them, but those bills won't ban TikTok," he said.
TikTok CEO Shou Zi Chew testified in front of US Congress, amid calls for a forced sale or ban. But after hours of grilling, the testimony likely had the opposite effect. Thursday's hearing likely gave lawmakers even more fuel for the argument in favor of a sale or a ban. A sale or ban of TikTok is still likelyWithout a radical shift in the conversation, the status quo is upheld. "It's very possible that Congress advances these bills and, and passes them, but those bills won't ban TikTok," he said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok CEO Shou Zi Chew: American data has always been stored in Virginia and Singapore, in the pastTikTok CEO Shou Zi Chew testifies before Congress for the first time as the popular social media giant is facing a potential ban in the U.S. over its Chinese ownership.
TikTok has touted a complex plan known as Project Texas to help ease U.S. concerns over its ownership. After two years of negotiations with the Committee on Foreign Investment in the United States, or CFIUS, the White House reportedly demanded last week that ByteDance sell TikTok. On Thursday, a Chinese commerce ministry spokeswoman said, "If the news is true, China will resolutely oppose it." TikTok became a viral sensation in the U.S. by allowing young people to create and share short videos. But the company announced this week that it has 150 million users in the United States, a figure that, if confirmed, amounts to nearly 60% of the population.
Potential government action against Chinese social media giant TikTok could result in backlash that damages U.S. companies, according to traders and guests on CNBC's " Fast Money ." TikTok CEO Shou Zi Chew testified before Congress on Thursday, taking heat from both sides of the aisle. Shortly before the TikTok hearing, a China Ministry of Commerce spokesperson said the country would "resolutely oppose" a forced sale, the Associated Press reported. But the companies in the crosshairs are clearly names like Starbucks , McDonald's , and Apple 's at the top of that list. As you watch this, you see there is a huge concern about the addictive aspects of short format video and social media.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok CEO Shou Zi Chew: I don't condone effort by former employees to access U.S. user dataTikTok CEO Shou Zi Chew testifies before Congress for the first time as the popular social media giant is facing potential ban in the U.S. over its Chinese ownership.
U.S. tech platforms including Meta's Facebook and Instagram, Google's YouTube , Twitter and Snap's Snapchat have raised similar fears for lawmakers and users. Evaluating a potential banThere's little appetite in Washington to accept the potential risks that TikTok's ownership by Chinese company ByteDance poses to U.S. national security. The interagency panel tasked with reviewing national security risks stemming from ByteDance's ownership has threatened a ban if the company won't sell its stake in the app. Trahan said members should ask about national security risks of the app, but those questions should be substantive. Bowman noted lawmakers haven't received a bipartisan congressional briefing from the administration on national security risks stemming from TikTok.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFCC Commissioner Brendan Carr on TikTok CEO's testimony: Hearing's going very poorly for TikTokFCC Commissioner Brendan Carr joins ‘Squawk on the Street’ to weigh in on TikTok CEO Shou Zi Chew's testimony before Congress on Thursday.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe NYT's Ed Lee calls TikTok CEO's congressional testimony 'brutal'The New York Times’ Ed Lee and CNBC's Kristina Partsinevelos join ‘Power Lunch’ to discuss how lawmakers grilled TikTok CEO Shou Zi Chew in his first-ever testimony before Congress today.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok CEO Shou Zi Chew: Need to address and invest in fighting dangerous misinformationTikTok CEO Shou Zi Chew testifies before Congress for the first time as the popular social media giant faces a potential ban in the U.S. over the company's Chinese ownership.
WASHINGTON—TikTok Chief Executive Officer Shou Zi Chew says his company is offering the U.S. government more concessions and oversight than any business in history. On Thursday, the 40-year-old former Singapore army reservist and Goldman Sachs banker is slated to appear in front of a group of lawmakers who say that still isn’t enough. Born and raised in Singapore, then educated in London and at Harvard Business School, Mr. Chew has navigated both Western and Chinese business over the course of his fast rise to the corner office. Many members have threatened to ban TikTok, saying its Chinese ownership poses a national security threat. He runs TikTok from offices in Singapore, but travels often, including frequently to the U.S.
TikTok CEO Shou Zi Chew is scheduled to speak before the House Energy and Commerce Committee. WASHINGTON—TikTok CEO Shou Zi Chew plans to offer a series of broad promises on platform safety and security at a much-anticipated congressional hearing on Thursday, according to his testimony. Mr. Chew will pledge to keep safety on Chinese-owned TikTok a top priority—especially for teenagers—and also will promise to firewall U.S. user data from foreign access and keep the platform free from government interference.
Who Is Shou Zi Chew, the TikTok CEO Trying to Reassure America?
  + stars: | 2023-03-22 | by ( Stu Woo | ) www.wsj.com   time to read: 1 min
WASHINGTON—TikTok Chief Executive Officer Shou Zi Chew has navigated both Western and Chinese business over the course of his fast rise to the corner office. That cultural straddle has helped land him the top job at one of the world’s biggest tech companies. His background might now help him connect with a skeptical American Congress. Many members have threatened to ban TikTok, saying its Chinese ownership poses a national-security threat.
"TikTok has never shared, or received a request to share, U.S. user data with the Chinese government. TikTok's critics fear that its U.S. user data could be passed on to China's government by the app and prompted growing calls to ban the app by U.S. lawmakers. The video app has spent more than two years in talks with CFIUS seeking to reach an agreement on protecting U.S. user data. TikTok has formed a special-purpose subsidiary, TikTok U.S. Data Security (USDS), that currently has nearly 1,500 full-time employees and contracted with Oracle (ORCL.N) to store TikTok’s U.S. user data. "Oracle has already begun inspecting TikTok’s sourcecode and will have unprecedented access to the related algorithms and data models," Chew's testimony said.
TikTok CEO Shou Zi Chew will testify before Congress this week as officials share security concerns about the Chinese-owned app. He's 40 years old, went to Harvard Business School, and interned at Facebook when it was a startup. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. World leaders, including President Biden, worry the Chinese-owned video-sharing platform is a danger to national security, and they're threatening it with nationwide bans. CEO Shou Zi Chew is 40 years old, from Singapore, and got his start as an intern at Facebook.
TikTok’s algorithms, which keep users glued to the app, are believed to be key to its success. The intended sale of TikTok in 2020 to Oracle and Walmart hit a snag after Beijing added algorithms to its export control list. Under the plans, known as Project Texas, the US government and third-party companies such as Oracle would also have some degree of oversight of TikTok’s data practices. But that hasn’t reassured US officials, likely because no matter what TikTok does internally, China would still theoretically have leverage over TikTok’s Chinese owners. But, he believes Beijing would ultimately prefer for TikTok leave the US market rather than surrender its algorithm.
On Wednesday, Bowman will host a news conference with more than 30 TikTok creators whose platforms are threatened by the U.S. government's push toward greater restrictions on the app. TikTok last week said the Committee on Foreign Investment in the U.S. threatened a broader ban of the app if ByteDance wouldn't sell its stake. The interagency group is reviewing potential national security risks stemming from ByteDance's 2017 acquisition of TikTok precursor Musical.ly. That lack of familiarity with the app may be part of what's driven lawmakers toward a ban, Bowman said. Simon's pitch to her boss was to show him just how many young users are on TikTok, especially over other platforms.
New York CNN —Shou Zi Chew is getting ready for his inaugural trip to Congress. In prep sessions, which have taken place in Washington, D.C. ahead of the high-stakes hearing, TikTok personnel have worked to sharpen and polish Chew’s presentation. The Biden administration demanded earlier this month that the company’s Chinese owners divest from the company or be exiled from the country. The app has raised bipartisan national security concerns and growing worries that its sophisticated algorithm poses a danger to young people. “Americans deserve to know the extent to which their privacy is jeopardized and their data is manipulated by ByteDance-owned TikTok’s relationship with China,” McMorris Rodgers said.
TikTok CEO Shou Zi Chew said the average TikTok user in the US is "an adult well past college age." Over 60% of Gen Z adults use TikTok daily, a 2023 report from Morning Consult found. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. TikTok CEO Shou Zi Chew revealed this week that the app's average user in the US is "an adult well past college." Now, it's estimated that over 60% of Gen Z adults use TikTok daily, compared to over 20% of US adults who use the app daily, according to a January 2023 data research report from Morning Consult.
Courts blocked a prior bid by the Trump administration to ban the app in part on the grounds that such a move violated free speech protections. Courts struck down former President Donald Trump's bid to block TikTok in 2020 with an executive order that granted the Commerce Department similar authorities as the RESTRICT act. But the bill will likely provide no immediate solutions for those calling for a ban on the app. Some experts said using the new legal tools to ban TikTok could still invite First Amendment challenges. "And there will most likely be a legal challenge if its used to ban TikTok."
Photo: Alyssa Schukar for The Wall Street JournalTikTok Chief Executive Shou Zi Chew is set to testify before lawmakers this week. WASHINGTON—TikTok Chief Executive Shou Zi Chew can expect a chilly reception when he testifies before the powerful House Energy and Commerce committee this week, Republican aides said Monday. Committee Chair Cathy McMorris Rodgers (R., Wash.) and other lawmakers plan to lay out the threat posed by TikTok to Americans’ national security and privacy, and particularly its potential to harm children, aides said.
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