TikTok CEO Asserts App Is Safe Despite U.S. Scrutiny, Lawsuits

Chew Shou Zi, the CEO of TikTok, stated the Chinese government has never asked for U.S. users' data and TikTok would not provide it even if asked.
TikTok is on track to have all U.S. user data hosted and overseen by Oracle Corp.
TikTok is facing national security concerns and legislation that could ban its signature service in the U.S., its biggest international market.
TikTok is working with Oracle and the U.S. government to address these concerns and is confident it will prevail in its lawsuit against Montana's ban on the app.
ByteDance's revenue surged more than 30% to surpass $80 billion for 2022, matching the tally at rival Tencent Holdings Ltd.