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Stockreport

Report: TikTok's efforts to silo US data are ‘largely cosmetic' [Verge, The]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Verge, The
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Several former employees told Fortune that Project Texas, TikTok's attempt to sequester US users' data away from its Chinese parent company, is largely ineffective. Share this story Since 2022, TikTok has undertaken a massive, expensive effort to silo off its US operations — and American users' data — from its Chinese parent company, ByteDance. TikTok has described the corporate restructuring, which it dubbed Project Texas, as “an unprecedented initiative dedicated to making every American on TikTok feel safe, with confidence that their data is secure and the platform is free from outside influence.” Several former employees, however, told Fortune that Project Texas is instead “largely cosmetic” and that they and their colleagues continued to work closely with Beijing-based ByteDance executives after the plan's implementation. One major aspect of Project Texas — so named because Oracle, TikTok's “technology partner,” is headquartered in Austin — was transferring all US user dat [Read more]
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Stockreport

Report: TikTok's efforts to silo US data are ‘largely cosmetic' [Verge, The]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Verge, The
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Several former employees told Fortune that Project Texas, TikTok's attempt to sequester US users' data away from its Chinese parent company, is largely ineffective. Share this story Since 2022, TikTok has undertaken a massive, expensive effort to silo off its US operations — and American users' data — from its Chinese parent company, ByteDance. TikTok has described the corporate restructuring, which it dubbed Project Texas, as “an unprecedented initiative dedicated to making every American on TikTok feel safe, with confidence that their data is secure and the platform is free from outside influence.” Several former employees, however, told Fortune that Project Texas is instead “largely cosmetic” and that they and their colleagues continued to work closely with Beijing-based ByteDance executives after the plan's implementation. One major aspect of Project Texas — so named because Oracle, TikTok's “technology partner,” is headquartered in Austin — was transferring all US user dat [Read more]
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