Foreign media: Byte Dance to adjust The structure of TikTok company to consider overseas headquarters

July 10 (UPI) — ByteDance is seeking to restructure its short-video app TikTok and set up an overseas headquarters, a spokesman for ByteDance said Thursday, according tomedia reports.

Media: Byte Dance to adjust The structure of TikTok company to consider overseas headquarters

“ByteDance is planning to restructure TikTok’s company and remains fully committed to protecting the privacy and security of our users as we build a platform that inspires creativity and brings joy to hundreds of millions of people around the world,” the spokesman said in a statement. We will move forward with the goal of providing the best interests to users, employees, artists, creators, partners and policy makers. “

Senior ByteDance officials are also discussing other options, such as considering headquarters overseas for TikTok or setting up a new governing council to allay concerns among U.S. politicians about the service, according to people familiar with the matter. TikTok does not currently have its own headquarters and is considering a global base in several locations. TikTok has previously said its five largest overseas offices are in Los Angeles, New York, London, Dublin and Singapore.

TikTok is one of the most downloaded apps in the United States and is popular among teenagers, but it has raised concerns among U.S. politicians, many of whom say it threatens U.S. national security. Earlier this week, TikTok also came under new scrutiny from the Federal Trade Commission and the Justice Department over its data practices.

TikTok said it has stored U.S. userdata on U.S. servers and recently hired executives from Disney as chief executives, a move that could boost its u.S. credentials. Separately, TikTok released a transparency report on Thursday and said it removed more than 49 million videos from its platform in the second half of last year for violating its policies. (Small)