Why TikTok faces bans in the U.S.
Every month about 150 million Americans use the social media app developed in China, and that has security experts and lawmakers worried, because of how user data might be accessed by the Chinese Communist Party.
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Every month about 150 million Americans use the social media app developed in China, and that has security experts and lawmakers worried, because of how user data might be accessed by the Chinese Communist Party.
Geoffrey Hinton, who works with Google and mentors AI's rising stars, started researching artificial intelligence over 40 years ago.
House Intelligence Committee Chairman Mike Turner told CBS News a divestiture, ban or something to that effect will need to happen.
The TikTok CEO, a former Goldman Sachs banker and Harvard grad, is on the hot seat as lawmakers consider banning the app.
CEO Shou Zi Chew struggled to convince skeptical lawmakers that the app protects user data as momentum builds for banning the app over national security concerns.
One expert said he doesn't even answer unknown callers anymore and uses a code word with family members.
"If protecting national security is the objective, divestment doesn't solve the problem," a TikTok spokesperson told CBS News in a statement.
The growing number of Democrats backing a ban on the massively popular video app reflects an increased willingness to confront Beijing, experts say.
The White House said it supports the legislation, the first time it has formally endorsed a plan that could lead to a ban on TikTok.
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Several countries and territories share U.S. officials' concern that data TikTok controls could end up in the hands of China's government.
Congress banned the popular app from federal government devices in December.
The ransomware attack was considered a "major incident" by officials, impacting a "stand-alone" system within the service, an agency spokesperson said.
TikTok is just "another activity, another opportunity" for China to gain access to people's information and potentially influence the way they think, said CrowdStrike's chief security officer.
This will be CEO Shou Zi Chew's first appearance before Congress.
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"Europe must finally wake up," one Member of the European Parliament told CBS News. "If TikTok refuses to abide by EU laws, it should be banned."
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A growing number of states and the U.S. military have banned the Chinese-owned platform on government-issued devices.
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A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
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The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
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