Legal experts said the proposal could tighten internet censorship, extend enforcement beyond China’s borders, and shift control of cyberspace toward the police.
TikTok USDS Joint Venture LLC is backed by managing investors Oracle, Silver Lake, and MGX. The app’s Beijing-based parent company retains a 19.9 percent stake.
‘Our greatest enemy should never have access to, nor benefit from, our capital markets or military procurement process in any way,’ Rep. Scott Perry said.
Legal experts said the proposal could tighten internet censorship, extend enforcement beyond China’s borders, and shift control of cyberspace toward the police.
TikTok USDS Joint Venture LLC is backed by managing investors Oracle, Silver Lake, and MGX. The app’s Beijing-based parent company retains a 19.9 percent stake.
‘Our greatest enemy should never have access to, nor benefit from, our capital markets or military procurement process in any way,’ Rep. Scott Perry said.