US lawmakers, TikTok hammering out new security plan that would avert sale: report

US lawmakers, TikTok hammering out new security plan that would avert sale: report

Source: ByteDance

US lawmakers and TikTok are hammering out a plan, under which the short-form video app would make changes to its data security and governance without requiring its parent firm, China’s ByteDance to sell it, the New York Times reported on Monday.

TikTok and the Biden administration have drafted a preliminary agreement to resolve national security concerns but are still deciding on a potential agreement, the Times reported, citing people familiar with the matter.

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