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Wednesday's unanimous vote in the Senate approved a bill to ban TikTok from government-issued devices.
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Janet Yellen, Treasury Secretary, stated last month that the app raises "legitimate national security concerns" for the U.S.
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One of the five Federal Communications Commission commissioners has called for a total national TikTok ban.
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The big picture: TikTok's ownership is held by Bytedance, a Chinese company. This is due to China's party-state system.
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TikTok doesn't have any operations in China. However, the company does not store U.S. users' data in China.
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Oracle started vetting TikTok’s content moderation models and algorithms earlier in the year to ensure they aren’t being manipulated by Chinese authorities.
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TikTok is trying to reach an accord with the Council on Foreign Investments in the U.S.
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An interagency committee that examines transactions involving foreign investments to determine national security concerns.
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To determine if the firm can be sold to an American company while remaining operational in the U.S.
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