Disputed claims about TikTok made on the Home debate


Rep. Nick Langworthy (R-N.Y.) made this accusation, saying, “TikTok is basically working Communist Chinese language malware.” TikTok denies that the Chinese language Communist Celebration owns any portion of ByteDance. Sixty % of ByteDance, TikTok says, is owned by worldwide traders, together with People. One other 20 % is owned by TikTok staff, together with 7,000 People, and the ultimate 20 % is owned by the corporate’s founder. ByteDance has a five-person board of administrators; three of these seats are held by People. ByteDance isn’t publicly traded, however is by some measures the world’s largest social media firm. Along with TikTok itself, ByteDance owns a variety of different apps in the USA, together with a Pinterest competitor known as Lemon8 and CapCut, a wildly well-liked video enhancing platform.



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