they seem to have a problem with tiktok owner — byte da nce.n 2012 and since then, it's become one of the fastest growing companies out of china. and it's precisely bytedance's origin that has us lawmakers worried. they say bytedance is a chinese company and as such, it could be compelled by the chinese government to either give up the data it has on american users or to conduct influence operations among the american public. but according to tiktok, it is a myth that bytedance is a chinese company. the social media company says 6% of bytedance is owned the social media company says 60% of bytedance is owned by global edition investors like carlyle group, general atlantic and sig international group. another 20% is owned by tiktok�*s employees around the world while only the remaining 20% is owned by bytedance's chinese founder. still, that has been enough to convince us lawmakers and they have at least two other reasons for that. under chinese law, chinese companies, bytedance included, must have an in—house group of employees who are communis

question for the chinese government, and also the chinese government, and also the chinese company byte dars is the chinese government and companies still in charge of the form? to update and renew the entire tiktok platform regularly? now this raises critical concerns, and therefore we can understand why the us government is trying to ask the chinese government to sell tiktok for them. chinese government to sell tiktok forthem. but chinese government to sell tiktok for them. but for the chinese government, because the us is not the only territory outside china that tiktok is being operated, it's also being used by other countries, millions of people also, and therefore for the chinese government to think about selling the algorithm, the core technology to the us is something they cannot accept. so i think the chinese government is likely to refuse, and therefore a ban of tiktok is likely on the horizon.— therefore a ban of tiktok is likely on the horizon. fascinating issue, thank ou on the horizon. fascinating issue, thank you very — on the horizon. fascinating issue, thank you very much