A national security review of Chinese-owned TikTok’s $1 billion acquisition of U.S. social media app Musical.ly has been opened by the U.S. government, three unidentified sources told Reuters.
U.S. lawmakers have only recently called for a national security probe into the popular Chinese video-sharing app, though the acquisition by TikTok—which is owned by Beijing-based ByteDance Technology Co.—was completed in 2017. Concerns include the company censoring politically sensitive content, and how it stores users’ personal data.
