TikTok officials disclosed negotiation details with U.S. lawmakers in a $1.5 billion plan that would reportedly increase transparency and reorganize how it operates in the U.S. amid national security concerns about the Chinese-owned social media giant.
Communication between the video-sharing app and the U.S. Committee on Foreign Investment, which oversees how TikTok would operate in America, has been kept under wraps, The Wall Street Journal reported, as at least 25 states have placed restrictions and bans on the app on government-owned devices over data privacy and national security threats.
TikTok officials told The Wall Street Journal that the company believes the proposal would address such concerns, including “content recommendation and user-data access with layers of government and independent oversight.”
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“We are not waiting for an agreement to be
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