TikTok Updates Privacy Policy and Terms of Service Under New US Ownership
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coloneltcb
Front-window bakery material. Catches the eye, delivers the goods.
Summary
TikTok has implemented new terms of service and privacy policy requiring US users to agree before continuing to use the app. These changes are part of TikTok's transition to new American-majority ownership called TikTok USDS Joint Venture LLC, which includes Oracle as an investor. The new privacy policy allows TikTok to collect more user data, including precise location information, as the platform moves from Chinese to US-based control under government pressure.
Key quotes
· 4 pulledWhen TikTok users in the US opened the app today, they were greeted with a pop-up asking them to agree to the social media platform's new terms of service and privacy policy before they could resume scrolling.
These changes are part of TikTok's transition to new ownership. In order to continue operating in the US, TikTok was compelled by the US government to transition from Chinese control to a new, American-majority corporate entity.
Called TikTok USDS Joint Venture LLC, the new entity is made up of a group of investors that includes the software company Oracle.
According to its new privacy policy, TikTok now collects more data on its users, including their precise location, after majority ownership officially switched to a group based in the US.
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