The Battle Against TikTok: Investors, Lawmakers, and Buyers Weigh In.
TL;DR Summary
A group of Silicon Valley venture investors and US lawmakers have formed the Hill & Valley Forum to combat China's influence in the US technology industry. The group is concerned about TikTok's Chinese ownership and its potential to expose American users to China's intelligence-gathering efforts. The Committee on Foreign Investment in the United States has warned TikTok's parent company, ByteDance, to divest from their stakes or face a ban. The Hill & Valley Forum will host a dinner ahead of TikTok CEO Shou Zi Chew's Congressional testimony next week, with speakers including venture capitalists Peter Thiel and Vinod Khosla.
- Venture investors, U.S. lawmakers join forces to fight Tiktok & Chinese influence: WSJ CNBC
- TikTok Could Be a Hard Sell to Potential Buyers The New York Times
- Biden’s TikTok plan looks a lot like Trump’s, but will it succeed? The Washington Post
- Silicon Valley and Capitol Hill Build an Anti-China Alliance - WSJ The Wall Street Journal
- TikTok in talks with potential buyers as US presses for ban, sources say New York Post
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