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questioned by House committee over ‘dangerous’ TikTok deal

A view of the

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logo outside
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’s offices in Dublin City Centre, Ireland, on Feb. 15, 2023.

Artur Widak | Nurphoto | Getty Images

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representatives met with the House China committee in recent months to discuss lawmaker concerns over the company’s partnership with TikTok, CNBC confirmed.

A spokesperson for the House Select Committee on the ******** ********** Party confirmed the meeting, which centered on a shopping deal between

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and TikTok
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. The agreement allows users of TikTok, owned by China’s ByteDance, to link their account with
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and make purchases from the site without leaving TikTok.

“The Select Committee conveyed to

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that it is dangerous and unwise for
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to partner with TikTok given the grave national security threat the app poses,” the spokesperson said. The parties met in September, according to
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, which first reported the news.

Representatives from

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and TikTok did not immediately respond to CNBC’s request for comment.

TikTok’s future viability in the U.S. is uncertain. In April, President Joe Biden signed a law that requires ByteDance to sell TikTok by Jan. 19. If TikTok fails to cut ties with its parent company, app stores and internet hosting services would be prohibited from offering the app.

President-elect Donald Trump could rescue TikTok from a potential U.S. ban. He

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that he would “save” TikTok, and said in a March interview with CNBC’s “Squawk Box” that “there’s a lot of good and there’s a lot of bad” with the app.

In his first administration, Trump had tried to implement a TikTok ban. He changed his stance around the time he met with billionaire Jeff Yass. The *********** megadonor’s trading firm, Susquehanna International Group, owns a 15% stake in ByteDance, while Yass has a 7% stake in the company, NBC and CNBC 

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 in March.

— CNBC’s Jonathan Vanian contributed to this report.

Don’t miss these insights from CNBC PRO


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#

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#questioned #House #committee #dangerous #TikTok #deal

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