Senators hope TikTok will remain in business in US under new owner

• US senators emphasize importance of TikTok's US operation.

• Concerns over Chinese parent company ByteDance accessing user data.

• President Trump's executive order mandates TikTok sale to US company.

Illustration shows TikTok app logo

Reuters

Following concerns over national security and data privacy, a group of US senators expressed hope that TikTok will continue to operate in the United States under new ownership. The popular social media app has faced scrutiny due to its Chinese parent company, ByteDance, raising fears that user data could be accessed by the Chinese government.

As a result, President Donald Trump issued an executive order in August, mandating that TikTok be sold to a US-based company or face a ban in the country. This move prompted negotiations between TikTok and potential buyers, with Oracle and Walmart emerging as leading contenders to acquire the app's US operations.

During a recent congressional hearing, senators emphasized the importance of ensuring that TikTok remains operational in the US, citing its large user base and cultural impact. They expressed optimism that a deal could be reached that addresses national security concerns while allowing the app to continue serving American users.

While the details of the potential acquisition are still being finalized, lawmakers are closely monitoring the situation to ensure that any agreement meets the necessary regulatory standards. The Committee on Foreign Investment in the United States (CFIUS) is also reviewing the proposed deal to assess its implications for national security.

TikTok has become a prominent platform for sharing short videos and has amassed a significant following among young users. Its potential departure from the US market has sparked debate over the future of social media regulation and the influence of foreign-owned tech companies.

As discussions continue between TikTok and interested buyers, the fate of the app in the US remains uncertain. However, senators are hopeful that a resolution will be reached that safeguards both national security interests and the app's presence in the American market.