Social media platform TikTok is coming under frequent fire lately and facing bans over fears its owners, based in China, are harvesting data of U.S. users. WRCR market analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says it might be difficult to find an American-based company to take it over…
Federal employees have been told not to use TikTok on government-issued devices, citing national security concerns. A number of universities have also banned the social media platform from school-owned devices and networks. Reuters is reporting that the House Foreign Affairs Committee plans to hold a vote next month on a bill aimed at blocking TikTok’s use in the U.S.