#USA #SocialMedia #TikTok #China: "The document, nearly 100 pages long, is designated as a confidential attorneys’ draft and contains comment exchanges between lawyers for ByteDance and the Committee on Foreign Investment in the United States (CFIUS), a group of federal agencies that investigates foreign investment in business deals that could threaten national interests.
The draft agreement, as it was being negotiated at the time, would give government agencies like the DOJ or the DOD the authority to:
- Examine TikTok’s U.S. facilities, records, equipment and servers with minimal or no notice,
- Block changes to the app’s U.S. terms of service, moderation policies and privacy policy,
- Veto the hiring of any executive involved in leading TikTok’s U.S. Data Security org,
- Order TikTok and ByteDance to pay for and subject themselves to various audits, assessments and other reports on the security of TikTok’s U.S. functions, and,
- In some circumstances, require ByteDance to temporarily stop TikTok from functioning in the United States.
The draft agreement would make TikTok’s U.S. operations subject to extensive supervision by an array of independent investigative bodies, including a third-party monitor, a third-party auditor, a cybersecurity auditor and a source code inspector. It would also force TikTok U.S. to exclude ByteDance leaders from certain security-related decision making, and instead rely on an executive security committee that would operate in secrecy from ByteDance. Members of this committee would be responsible first for protecting the national security of the United States, as defined by the Executive Branch, and only then for making the company money."
https://www.forbes.com/sites/emilybaker-white/2023/08/21/draft-tiktok-cfius-agreement/?sh=20ebf992112a
Miguel Afonso Caetano /
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2023-08-22 09:11:27
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npub1pwuvltfvfme0d987k6rs3an6jnv9k2w32zqdlqt5hpy9u3cmv6ps2r95z7Published at
2023-08-22 09:11:27Event JSON
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"content": "#USA #SocialMedia #TikTok #China: \"The document, nearly 100 pages long, is designated as a confidential attorneys’ draft and contains comment exchanges between lawyers for ByteDance and the Committee on Foreign Investment in the United States (CFIUS), a group of federal agencies that investigates foreign investment in business deals that could threaten national interests.\n\nThe draft agreement, as it was being negotiated at the time, would give government agencies like the DOJ or the DOD the authority to:\n\n- Examine TikTok’s U.S. facilities, records, equipment and servers with minimal or no notice,\n- Block changes to the app’s U.S. terms of service, moderation policies and privacy policy,\n- Veto the hiring of any executive involved in leading TikTok’s U.S. Data Security org,\n- Order TikTok and ByteDance to pay for and subject themselves to various audits, assessments and other reports on the security of TikTok’s U.S. functions, and,\n- In some circumstances, require ByteDance to temporarily stop TikTok from functioning in the United States.\n\nThe draft agreement would make TikTok’s U.S. operations subject to extensive supervision by an array of independent investigative bodies, including a third-party monitor, a third-party auditor, a cybersecurity auditor and a source code inspector. It would also force TikTok U.S. to exclude ByteDance leaders from certain security-related decision making, and instead rely on an executive security committee that would operate in secrecy from ByteDance. Members of this committee would be responsible first for protecting the national security of the United States, as defined by the Executive Branch, and only then for making the company money.\"\n\nhttps://www.forbes.com/sites/emilybaker-white/2023/08/21/draft-tiktok-cfius-agreement/?sh=20ebf992112a",
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