With the relationship between the United States and China not showing signs of improvement, TikTok continues to try to escape being banned, and capital firms Sequoia Capital and General Atlantic just had an ambitious plan to keep the app inside the US.
The Trump administration continues to make people wonder what the future of TikTok would be. Some say the attempt to ban the app is purely political while many are still worried for national security. What Trump can say about it is, “US-China relationship is severely damaged.”
TikTok has an American CEO, Disney veteran Kevin Mayer, but is based in Beijing, which makes the app a target, nonetheless. Now, US investors are trying to save the app by buying it, currently in discussions with the US Treasury, along with other regulators, to identify if spinning out of TikTok and firewalling it from its Chinese parent would be enough for US concerns to die down, according to Financial Times.
The plan seems ambitious but is a good step in keeping the app working in US soil, especially when many of its creators are Americans and it already lost most of its avid Indian creators and viewers after India officially banned the video-sharing app.
The US is not the only country the app is in conflict with. In Pakistan, TikTok has been given the “final notice” by the Pakistani telecommunications regulator due to its obscenity concerns. Unlike the live streaming app Bigo that was officially banned, the 3-year-old app still has a chance to make amends and improve its policy on its content, even if their previous attempts were deemed unsatisfactory.