TikTok CEO speaks on forced sale and bans as potential buyers emerge.

TikTok CEO, Shou Zi Chew, has stated that forcing the app's Chinese parent company, ByteDance, to sell it would not address the national security concerns of the U.S. and other governments. The U.K. and New Zealand have become the latest to announce new TikTok restrictions on government devices due to security concerns. Chew said that the current plan, which involves ensuring that U.S. user data is accessible only by Oracle Cloud and the firm's American data security team, provides enough protection. FBI director Chris Wray has warned that the Chinese Communist Party has the ability to control the software on millions of devices due to its relationship with ByteDance.