TikTok mentioned on Monday the short-video sharing app now has 150 million month-to-month lively customers in america, up from 100 million it mentioned it had in 2020.
The Chinese language-owned app confirmed the determine forward of TikTok CEO Shou Zi Chew’s testimony set for Thursday earlier than the Home Power and Commerce Committee.
On Friday, six extra U.S. senators backed bipartisan laws to offer President Joe Biden new powers to ban TikTok on nationwide safety grounds. Final week, TikTok mentioned the Biden administration demanded that its Chinese language homeowners divest their stake within the app or it might face a U.S. ban.
The app faces rising strain in Washington together with calls to ban the app by many in Congress who concern its U.S. consumer knowledge might fall into the palms of China’s authorities. TikTok mentioned in September 2021 that globally it had greater than 1 billion month-to-month customers.
Senate Intelligence Committee chair Mark Warner, who’s cosponsoring laws to offer the administration extra powers to ban TikTok, mentioned at a Christian Science Monitor breakfast that he didn’t assume TikTok U.S. knowledge was secure.
“This notional concept that the information will be made secure beneath (Chinese language Communist Get together) legislation, simply does not, does not move the scent check.”
TikTok mentioned it has spent greater than $1.5 billion on rigorous knowledge safety efforts, rejects spying allegations and mentioned “if defending nationwide safety is the target, divestment does not remedy the issue: a change in possession wouldn’t impose any new restrictions on knowledge flows or entry.”
The brand new figures are an indication of the app’s broad reputation particularly amongst youthful Individuals. Commerce Secretary Gina Raimondo instructed Bloomberg Information there might be political ramifications to banning TikTok. “The politician in me thinks you’re gonna actually lose each voter beneath 35, ceaselessly,” she mentioned.
Some TikTok content material creators will come to Washington this week to make the case why the app shouldn’t be banned.
Obtain The Mint Information App to get Every day Market Updates & Reside Enterprise Information.
Extra
Much less
