TikTok’s last major chance to fight off an impeding U.S. regulatory crackdown on its presence in the U.S. might come on Thursday, when TikTok CEO Shou Zi Chew appears before the House Energy and Commerce Committee.
The Wall Street Journal reported last week that the Committee on Foreign Investment in the U.S., an inter-agency government panel, rejected TikTok’s compromise solution of setting up purportedly secure data centers through the American software company Oracle, after the Justice Department and Pentagon declined to get on board with the plan, dubbed Project Texas. Instead, the committee reportedly told TikTok parent ByteDance to sell the app.






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