The United States government has opened a national security review of a Chinese company’s acquisition of the American company that became TikTok, the hugely popular short-form video app, according to people briefed on the inquiry.
The Committee on Foreign Investment in the United States, a federal panel that reviews foreign acquisitions of American firms on national-security grounds, is now reviewing the two-year-old deal after lawmakers raised concerns about TikTok’s growing influence in the United States, said the people, who spoke on the condition of anonymity because the investigation was confidential. One of the people said that the American government had evidence of the app sending data to China.
The move is the latest in a back and forth between the United States and China, which are enmeshed in a global competition for technological dominance that has begun to cleave the high-tech world in two and start what some analysts refer to as a new Cold War.