FBI Says China Could Use TikTok For 'Influence Operations' Against Americans – Yahoo Finance

The FBI has raised concerns about the China-based video-sharing app TikTok saying it poses a national security threat. 
FBI Director Chris Wray on Friday warned that the social media app could be used for espionage operations in the U.S., the AP reported.
Speaking at the University of Michigan’s Gerald R. Ford School of Public Policy, Wray said he is worried about how TikTok functions and how China controls the content offerings.
The app’s algorithm recommendations enable China to “manipulate content, and if they want to, to use it for influence operations,” Wray said.
He added that China could collect users’ data for traditional espionage operations, the AP reported.
Also Read: YouTube, TikTok Scored Over Facebook In Tackling Politically Violent Content, Study Says
TikTok, which ByteDance owns, has close to 1 billion active users spread across 154 countries. That includes an estimated 80 million active monthly users in the U.S.
“All of these things are in the hands of a government that doesn’t share our values and that has a mission that’s very much at odds with what’s in the best interests of the United States,” Wray said.
Wray suggested it’s an issue to be considered by the Committee on Foreign Investment in the United States. “Whether or not there is something that could adequately address those concerns is a product of much discussion within the interagency,” Bloomberg quoted Wray saying.
TikTok has been facing backlash from U.S. regulators, and some congressional leaders, like Senator Marco Rubio (R-FL), are calling for a ban on the platform.
In 2020, the Trump administration threatened to ban the app within the U.S., and ordered ByteDance to sell or spin off its U.S. TikTok business. The Biden Administration dropped that order and announced it would be conducting its own review.
Earlier this year, the FCC asked Alphabet Inc (NASDAQ: GOOGL), Google, and Apple Inc (NASDAQ: AAPLto ban TikTok from its Google Play Store and iOS App Store, respectively.
See more from Benzinga
OPEC+ Agrees To Maintain Current Oil Production Policy, Voices Concern About Russian Cap
Apple Quickening Pace Of Moving Production Out Of China: Report
Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Bill Gates looks for income, too. This is how he gets it.
Have an issue with your financial adviser or have questions about hiring a new one? Email picks@marketwatch.com.
In this article, we discuss the 13 best bear market stocks to buy now. If you want to see more stocks in this selection, go directly to the 5 Best Bear Market Stocks To Buy Now. Since the start of 2022, the S&P 500 Index has observed a decline of 15.5%. The index also remained […]
New year, new Social Security rules.
Sin City has become Tesla City but this move wasn't made by Elon Musk's company, which does have a major Las Vegas presence.
Cloud computing is a massive industry right now and still growing, with an estimated market size of $1.5 trillion by 2030, according to Grand View Research. Lots of tech companies have their hands in cloud computing these days, so where should investors even begin? Two great places to start are with The Trade Desk (NASDAQ: TTD) and Amazon (NASDAQ: AMZN).
FTX’s founder said he couldn’t explain what happened to billions of dollars that customers of his failed cryptocurrency exchange sent to the bank accounts of his trading firm.
We can't know for sure yet if Buffett is adding to his positions in these companies — but it's a pretty good bet that he is.
Tesla, the electric vehicle industry's top manufacturer, has delivered good news to its investors, customers and fans lately as it rolled out its first EV semi trucks on Dec. 1. Ford , the No. 2 EV company in the U.S. after Tesla , also had great news for its investors and customers as it reported a 103% increase in EV sales year-over-year in November. Data provided by S&P Global Mobility on Nov. 29 placed Tesla at the top of the EV market with a 65% share with Ford registering about 7% of the market.
“There’s a very open and shut case for fraud,” said Armstrong, adding it’s “bizarrre” the media isn’t calling Bankman-Fried a “criminal.”
Shares of clinical-stage biotechnology company Anavex Life Sciences (NASDAQ: AVXL) recently shot higher. Investors reacting to great news for its Alzheimer's disease drug candidate, blarcamesine, drove the stock about 40% higher when the market opened on Friday, Dec. 2. Is Anavex Life Sciences a smart stock to buy now, or will the road ahead be a rocky one full of potholes?
Sellers hit Costco stock ahead of its quarterly report after the company posted another slowdown in monthly revenue.
Tesla dominates the electric vehicle market. Elon Musk's group has seen its competitors gain market share because it is no longer the only company to offer electric vehicles. Of the more than 520,000 electric-vehicle registrations in the U.S. in the first nine months of 2022, about 340,000 were Teslas, according to according to data from S&P Global Mobility.
I don’t care if a candidate for my company’s open position has a criminal record. But I do care about something more important
Provention Bio (NASDAQ: PRVB) is a small-cap biotech whose shares have doubled in the past three months. The company can thank the expected and eventual approval of Tzield for that performance. In mid-November, Tzield became the first and only treatment approved by the U.S. Food and Drug Administration (FDA) for the delay of the onset of type 1 diabetes (T1D) in at-risk patients.
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources.
Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as supportive.
Ford Motor Company (NYSE: F), Devon Energy (NYSE: DVN), and Baker Hughes (NASDAQ: BKR) stand out as three dirt-cheap dividend stocks to buy now. Daniel Foelber (Ford Motor Company): Ford stock is down nearly 44% from its all-time high set near the start of 2022. As the economy weakens and consumer spending falls, car companies run into trouble.
(Bloomberg) — Chinese markets rallied with the yuan strengthening past a key level, as the authorities accelerated a shift toward reopening the economy and more investors get bullish. Most Read from BloombergChina’s Covid Pivot Accelerates as Cities Ease Testing RulesOPEC+ Pauses as Russia Sanctions and China Covid Rules Roil Crude MarketsOPEC+ Latest: Group Agrees to Keep Oil Production UnchangedElon Musk Says Apple Is ‘Fully’ Advertising on Twitter AgainThis Stock Strategist Says We’ll See 5%
The market is down on these stocks despite the fact that they continue to grow through a challenging environment.


Leave a Comment

Your email address will not be published. Required fields are marked *