Connect with us

Hi, what are you looking for?

FinancialSourceReport.comFinancialSourceReport.com

Tech News

Report: TikTok’s efforts to silo US data are ‘largely cosmetic’

The TikTok logo on a black background with repeating music note motifs
Illustration by Nick Barclay / The Verge

Since 2022, TikTok has undertaken a massive, expensive effort to silo off its US operations — and American users’ data — from its Chinese parent company, ByteDance. TikTok has described the corporate restructuring, which it dubbed Project Texas, as “an unprecedented initiative dedicated to making every American on TikTok feel safe, with confidence that their data is secure and the platform is free from outside influence.” Several former employees, however, told Fortune that Project Texas is instead “largely cosmetic” and that they and their colleagues continued to work closely with Beijing-based ByteDance executives after the plan’s implementation.

One major aspect of Project Texas — so named because Oracle, TikTok’s “technology…

Continue reading…

You May Also Like

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave shares a brief history of Bitcoin halving and relates it to the short-term and long-term technical...

Editor's Pick

More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow-burn...

Editor's Pick

Romina Boccia and Dominik Lett If you are congressional staff and you haven’t registered yet: Tomorrow, May 3, from noon to 1:15 P.M. EST, I will...

Tech News

Image: Bluesky Bluesky is apparently ready for a bigger challenge. It says it’s allowing heads of state to sign up now, a little over...