{"id":9117,"date":"2020-09-18T04:32:00","date_gmt":"2020-09-18T04:32:00","guid":{"rendered":"https:\/\/aviancetechnologies.com\/blog\/trump-administration-reportedly-looking-at-tencents-investments-after-scrutinizing-tiktok\/"},"modified":"2020-09-18T04:32:00","modified_gmt":"2020-09-18T04:32:00","slug":"trump-administration-reportedly-looking-at-tencents-investments-after-scrutinizing-tiktok","status":"publish","type":"post","link":"https:\/\/aviancetechnologies.com\/blog\/trump-administration-reportedly-looking-at-tencents-investments-after-scrutinizing-tiktok\/","title":{"rendered":"Trump administration reportedly looking at Tencent&#8217;s investments after scrutinizing TikTok"},"content":{"rendered":"<p>\u00a0\u00a0 <\/p>\n<p>[responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;]<\/p>\n<h2>Trump administration reportedly looking at Tencent&#8217;s investments after scrutinizing TikTok<\/h2>\n<p><\/p>\n<div data-component=\"lazyloadImages\">\n<figure class=\"image image-large pull-none hasCaption shortcode\" section=\"shortcodeImage\"><span class=\"imageContainer\"><span><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cnet2.cbsistatic.com\/img\/Z2kuTthuSA4kH_gY9f97ISm2170=\/1092x0\/2020\/08\/29\/758a755a-a673-4724-b9f0-229b0c1788a6\/fortnite-logo-6396.jpg\" class=\"\" alt=\"fortnite-logo-6396\" height=\"0\" width=\"1092\"\/><\/span><\/span><figcaption><span class=\"caption\"><\/p>\n<p>Epic Games is owned in part by Tencent, which is now under scrutiny.<\/p>\n<p><\/span><span class=\"credit\"><br \/>\n                                                    Angela Lang\/CNET<br \/>\n                                                <\/span><\/figcaption><\/figure>\n<p class=\"speakableTextP1\">First it was ByteDance&#8217;s TikTok. Now, Tencent Holdings is said to be coming under scrutiny by the Trump administration.<\/p>\n<p class=\"speakableTextP2\">The Committee on Foreign Investment in the US sent letters to companies Tencent has invested in, including <span data-error=\"was unable to determine path for annotation\" data-annotation-type=\"CNET_FAM_SERIES\">Fortnite<\/span> maker Epic Games and League of Legends developer Riot Games, asking about security protocols for American users&#8217; data, according to a report in Bloomberg. CFIUS investigates national security concerns tied to foreign acquisitions or investments of US businesses.<\/p>\n<div class=\"c-reengageNewsletter shortcode hasNewsletter newsletter-subscribe-form desktop \" data-component=\"newsletterAndInterest\" data-newsletter-and-interest-options=\"{&quot;id&quot;:&quot;1c31d95d-c387-11e2-8208-0291187b029a_CNET_CAT_TOPIC&quot;,&quot;name&quot;:&quot;Culture&quot;,&quot;type&quot;:&quot;specific&quot;,&quot;isBroadInterest&quot;:false,&quot;noFollowNoBlockText&quot;:&quot;Subscribe to the Culture newsletter, receive notifications and see related stories on CNET.&quot;,&quot;noFollowBlockText&quot;:&quot;Subscribe to the Culture newsletter and see related stories on CNET.&quot;,&quot;FollowNoBlockText&quot;:&quot;Subscribe to the Culture newsletter and receive notifications.&quot;,&quot;FollowBlockText&quot;:&quot;Subscribe to the Culture newsletter.&quot;}\">\n<h5>For more like this<\/h5>\n<p>Subscribe to the CNET Now newsletter for our editors&#8217; picks of the most important stories of the day.<\/p>\n<\/p><\/div>\n<p>The letters were sent as President Donald Trump is weighing whether to ban TikTok&#8217;s app from the US <span class=\"link\" section=\"shortcodeLink\">over similar national security claims<\/span>.<\/p>\n<p>Representatives at the White House, US Treasury Department, Tencent and Riot Games didn&#8217;t respond to requests for comment. Epic Games declined to comment.<\/p>\n<p><svg class=\"svg-symbol playerControls\"><symbol id=\"play\" viewbox=\"0 0 26.6 32\"><path d=\"M0,2.6c0-2.4,1.6-3.3,3.7-2L25,13.7c2,1.3,2,3.2,0,4.5L3.7,31.4c-2,1.3-3.7,0.3-3.7-2C0,29.4,0,2.6,0,2.6z\"\/><\/symbol><symbol id=\"pause\" viewbox=\"0 0 26.6 32\"><g><polygon points=\"16,32 26.5,32 26.5,8.8 26.5,0 16,0\"\/><rect x=\"0.1\" y=\"0\" width=\"10.6\" height=\"32\"\/><\/g><\/symbol><symbol id=\"playlist\" viewbox=\"0 0 32 22.9\"><g><circle class=\"st11\" cx=\"2.3\" cy=\"20.6\" r=\"2.3\"\/><circle class=\"st11\" cx=\"2.3\" cy=\"11.4\" r=\"2.3\"\/><circle class=\"st11\" cx=\"2.3\" cy=\"2.3\" r=\"2.3\"\/><path class=\"st11\" d=\"M32,1.1C32,0.5,31.5,0,30.9,0H10.3C9.7,0,9.1,0.5,9.1,1.1v2.3c0,0.6,0.5,1.1,1.1,1.1h20.6c0.6,0,1.1-0.5,1.1-1.1V1.1z\"\/><path class=\"st11\" d=\"M32,10.3c0-0.6-0.5-1.1-1.1-1.1H10.3c-0.6,0-1.1,0.5-1.1,1.1v2.3c0,0.6,0.5,1.1,1.1,1.1h20.6c0.6,0,1.1-0.5,1.1-1.1V10.3z\"\/><path class=\"st11\" 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What&quot;},&quot;image&quot;:{&quot;path&quot;:&quot;https:\/\/cnet2.cbsistatic.com\/img\/_zUO93IE7apo0cwnPyjFJ6hfpTc=\/1280x720\/2020\/09\/04\/36c480bb-6c5f-43d2-9c97-6ab5e5f13a44\/nigel-morris.jpg&quot;},&quot;thumbnail&quot;:&quot;https:\/\/cnet1.cbsistatic.com\/img\/Q37Pb1KaFTHyCgnGIkRVjqhWPt8=\/194x109\/2020\/09\/04\/36c480bb-6c5f-43d2-9c97-6ab5e5f13a44\/nigel-morris.jpg&quot;,&quot;closedCaptionPath&quot;:&quot;\/videos\/captions\/webvtt\/tiktok-expert-says-whoever-buys-it-is-playing-with-fire.vtt&quot;,&quot;urlPath&quot;:&quot;\/videos\/tiktok-expert-says-whoever-buys-it-is-playing-with-fire\/&quot;,&quot;isVertical&quot;:false,&quot;m3u8&quot;:&quot;https:\/\/cnetvideo.cbsistatic.com\/vr\/2020\/09\/04\/1784929347544\/512300_hls\/master.m3u8&quot;,&quot;mp4&quot;:&quot;https:\/\/cnetvideo.cbsistatic.com\/vr\/2020\/09\/04\/1784929347544\/Nigel_Morris_FANBYTES_Tiktok_FINAL_512299_740.mp4&quot;,&quot;index&quot;:0}]\">\n<div class=\"embeddedVideoContainer\" tabindex=\"0\" aria-label=\"Play video TikTok expert says whoever buys it is playing with fire\" data-load-video=\"0\" data-video-id=\"4c771dba-f4d6-4537-b2cf-f1352cbe80c0\">\n<div class=\"videoContainer\">\n                    <svg class=\" play\"><use aria-hidden=\"false\" xlink:href=\"#play\"\/><\/svg><svg class=\" pause\"><use aria-hidden=\"false\" xlink:href=\"#pause\"\/><\/svg><\/p>\n<figure class=\" img\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cnet1.cbsistatic.com\/img\/FwlsNLzw79iRwqIppATm8p2gRyA=\/196x110\/2020\/09\/04\/36c480bb-6c5f-43d2-9c97-6ab5e5f13a44\/nigel-morris.jpg\" class=\"photo\" alt=\"\" height=\"110\" width=\"196\"\/><\/figure>\n<\/div>\n<p>\n                    <span class=\"bold\"><br \/>\n                        <span class=\"nowPlaying\">Now playing:<\/span><br \/>\n                        <span class=\"watchThis\">Watch this:<\/span><br \/>\n                    <\/span><br \/>\n                    TikTok expert says whoever buys it is playing with fire\n                <\/p>\n<p>\n                    <span class=\"duration\"><br \/>\n                        <svg class=\" video\"><use aria-hidden=\"false\" xlink:href=\"#video\"\/><\/svg><br \/>\n15:18<br \/>\n                    <\/span>\n                <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>The move marks the latest escalation of Trump&#8217;s efforts to scrutinize Chinese companies and investments in the US. Various administration officials, including Trump, have claimed without evidence that some seemingly harmless Chinese-owned apps, such as the new hot social network TikTok, <span class=\"link\" section=\"shortcodeLink\">are national security threats<\/span>.\u00a0<\/p>\n<p>It&#8217;s also come at a time when Trump is escalating his fights with Beijing in general ahead of the 2020 US presidential election. Trump has repeatedly blamed China for the <span class=\"link\" data-track=\"anchorLink\">coronavirus<\/span> pandemic, for example, and has\u00a0<span class=\"link\" section=\"shortcodeLink\">used racist terms<\/span> when referring to COVID-19.<\/p>\n<p>TikTok has become an international phenomenon over the past year, attracting more than <span class=\"link\" section=\"shortcodeLink\">2 billion downloads and over 100 million US users<\/span>. In 2019, <span class=\"link\" section=\"shortcodeLink\">TikTok was downloaded more than Facebook<\/span> and its companion Messenger apps combined, according to data collected by Sensor Tower, making it one of the most successful Chinese apps ever launched in the US.<\/p>\n<p>That popularity is in part what brought added scrutiny from the Trump administration.\u00a0<\/p>\n<p>In August, Trump said he would ban TikTok from the US unless it was sold to a US company, and money was paid to the US Treasury. In an <span class=\"link\" section=\"shortcodeLink\">executive order issued that month<\/span>, Trump said that the user data TikTok collects &#8220;threatens to allow the Chinese Communist Party access to Americans&#8217; personal and proprietary information &#8212; potentially allowing China to track the locations of federal employees and contractors, build dossiers of personal information for blackmail, and conduct corporate espionage.&#8221;<\/p>\n<p>He signed a similar executive order banning WeChat, a popular messaging app that&#8217;s widely used in China. At the time, the White House said the order only covered WeChat from doing business in the US, and didn&#8217;t affect its owner Tencent. Now, it appears with these requests from CFIUS, that may change.<\/p>\n<\/p><\/div>\n<div class=\"post-item-metadata entry-meta\">\n<p class=\"has-background has-very-light-gray-background-color\">Disclaimer: Content may be edited for style and length.\u00a0<a class=\"newsium-categories category-color-1\" href=\"https:\/\/www.cnet.com\/news\/trump-admin-reportedly-looking-at-tencents-investments-after-scrutinizing-tiktok\/#ftag=CAD590a51e\" target=\"_blank\" rel=\"noopener noreferrer\">Story Source<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] Trump administration reportedly looking at Tencent&#8217;s investments after scrutinizing TikTok Epic Games is owned in part by Tencent, which is now under scrutiny. Angela Lang\/CNET First it was ByteDance&#8217;s TikTok. Now, Tencent Holdings is said to be coming under scrutiny by the Trump administration. &#8230; <a title=\"Trump administration reportedly looking at Tencent&#8217;s investments after scrutinizing TikTok\" class=\"read-more\" href=\"https:\/\/aviancetechnologies.com\/blog\/trump-administration-reportedly-looking-at-tencents-investments-after-scrutinizing-tiktok\/\" aria-label=\"Read more about Trump administration reportedly looking at Tencent&#8217;s investments after scrutinizing TikTok\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":9118,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,30],"tags":[],"class_list":["post-9117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump administration reportedly looking at Tencent&#039;s investments after scrutinizing TikTok - Aviance Technologies<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump administration reportedly looking at Tencent&#039;s investments after scrutinizing TikTok - Aviance Technologies\" \/>\n<meta property=\"og:description\" content=\"\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] Trump administration reportedly looking at Tencent&#8217;s investments after scrutinizing TikTok Epic Games is owned in part by Tencent, which is now under scrutiny. Angela Lang\/CNET First it was ByteDance&#8217;s TikTok. Now, Tencent Holdings is said to be coming under scrutiny by the Trump administration. ... 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