TikTok, ByteDance Poured $13.4 Million Into US Lobbying
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With a massive lobbying budget to the tune of over $13 million, TikTok and its Chinese parent company are trying to reassure U.S. lawmakers and officials, as accusations fly that the app poses a major security risk. At the heart of those fears is the Chinese Communist Party getting a hold of American user data, as the wildly popular social media and its 150 million regular U.S. users stare down the barrel at a potential nationwide ban.
Will that lobbying have any effect? Or are TikTok’s days numbered in America?
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