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Stock impact report

Here's more details about the access ByteDance had to U.S. TikTok user data [Fortune]

The Simply Good Foods Company (SMPL) 
Last the simply good foods company earnings: 4/6 07:00 am Check Earnings Report
Company Research Source: Fortune
the Chinese parent company's failures to keep U.S. user data separate from the rest of the organization. Tiktok's former lead technical program manager for security engineering went on the record with Fortune , asserting that ByteDance retained control over some of the computer systems used by TikTok employees, according to a new piece published by my colleague Alexandra Sternlicht yesterday . Those internal systems spanned messaging as well as product and tech management software—and they left U.S. user data vulnerable to China-based ByteDance workers. “There's a front door that everyone is looking at, but the way to access the network is through employees,” Ryan told Sternlicht, describing his stint at the company between 2020 and 2022. The revelations underscore the challenge facing businesses trying to balance geopolitical strictures with the realities of operating a global internet company, in which dispersed teams need to communicate frequently and access common data. TikT Show less Read more
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