Technologies

TikTok CEO Testifies Before Congress: Here Are Some of the Key Moments

Lawmakers grilled CEO Shou Chew about ties to China and what the app is doing to protect young people.

TikTok CEO Shou Chew on Thursday faced skeptical lawmakers in the US Congress to try to fend off calls to ban the hugely popular video app.

«There are more than 150 million Americans who love our platform, and we know we have a responsibility to protect them,» Chew said in remarks prepared for his appearance before the House Energy and Commerce Committee.

Earlier this month, the Biden administration demanded that ByteDance, the app’s Chinese parent company, sell its stake in the app or face a possible ban. Officials are concerned TikTok could be forced to share US user data with the Chinese government, posing a national security threat. In December, US lawmakers banned the app from government devices. Other countries, including Canada, EU member states and Taiwan, have taken similar steps.

Lawmakers on Thursday repeatedly questioned Chew about ByteDance’s ties to the Chinese government, expressing doubt TikTok would be able to protect US users’ data. They also alleged that TikTok could be used by the Chinese government to influence public opinion in the US.

Though the main thrust of the hearing focused on alleged ties to China, lawmakers also touched on other concerns, including data collection and protecting teens and young people from harmful content on TikTok.

Following the hearing, TikTok spokesperson Brooke Oberwetter said the hearing was «dominated by political grandstanding» and failed to address industry-wide issues.

«Also not mentioned today by members of the Committee: the livelihoods of the 5 million businesses on TikTok or the First Amendment implications of banning a platform loved by 150 million Americans,» said Oberwetter.

Here are some of the most interesting comments from the hearing:

Committee Chair Rep. Cathy McMorris Rodgers, in her opening statement: «Mr. Chew, you are here because the American people need the truth about the threat TikTok poses to our national and personal security. TikTok collects nearly every data point imaginable, from people’s location to what they type and copy, biometric data and more. … TikTok surveils us all. And the Chinese Communist Party is able to use this as a tool to manipulate America as a whole. We do not trust TikTok will ever embrace American values.»

She continued: «TikTok has repeatedly chosen a path for more control, more surveillance and more manipulation. Your platform should be banned. I expect today you’ll say anything to avoid this outcome.»

Chew, in his opening statement: «We have heard important concerns about the potential for unwanted foreign access to US data and potential manipulation of the TikTok US ecosystem. We have addressed them with real action. … That’s what we’ve been doing for the last two years, building what amounts to a firewall that seals off protected US user data from unauthorized foreign access. The bottom line is this: American data, stored on American soil, by an American company, overseen by American personnel. We call this initiative Project Texas.»

Chew, on legacy US data: «We have legacy US data sitting in our servers in Virginia and in Singapore. We’re deleting those and we expect that to be complete this year. When that is done, all protected US data will be under the protection of US law and under the control of the US led security team. This eliminates the concern that some of you have shared with me that TikTok user data can be subject to Chinese law.»

Rep. Buddy Carter, on harmful viral videos like the Milk Crate challenge: «Why is it that TikTok consistently fails to identify and moderate these kinds of harmful videos? Why is it that you allow this to go on? We’ve already heard … from parents who are here with us who have lost children.»

Chew responds: «This is a real industry challenge and we’re working on our…»

Carter: «No, no, it’s not industry. This is TikTok. We’re talking about TikTok. We’re talking about why is it that you can’t control this. … Tell me why this goes on.»

Rep. Darren Soto, on ByteDance ownership: «Mr. Chew, would TikTok be prepared to divest from ByteDance and Chinese Communist Party ties if the Department of Treasury instructed you all to do so?»

Chew responds: «I don’t think ownership is the issue here. With a lot of respect, American social companies don’t have a good track record with data privacy and user security. I mean look at Facebook and Cambridge analytica, just for one example.»

Rep. Neal Dunn asks Chew directly: «Has ByteDance spied on Americans at the direction of the Chinese Communist Party?»

Chew responds: «No.»

Dunn follows up, citing a Forbes article that ByteDance planned to use TikTok to monitor the location of US citizens: «I ask you again Mr. Chew, has ByteDance spied on American citizens?»

Chew responds: «I don’t think that spying is the right way to describe it. This is ultimately…(Dunn cuts off his response.)»

Rep. August Pfluger, on Project Texas: «Please rename your project. Texas is not the appropriate name. We stand for freedom and transparency and we don’t want your project.»

Technologies

Worldwide Financial Services Directory: BitcoinPay Trade Joins Financial1000

Exciting news for BitcoinPay Trade as the company is officially listed on Financial1000, a respected platform that connects individuals with a wide range of businesses and professionals in the financial sector. This new development marks an important milestone for BitcoinPay Trade, as it continues to expand its reach and offer its services to a growing global audience.

Financial1000 is a trusted directory that brings together financial service providers from around the world, offering users the opportunity to explore various businesses and professionals within the financial industry. BitcoinPay Trade’s inclusion on this platform ensures the company’s place in the rapidly growing digital finance landscape.

Visitors are invited to explore BitcoinPay Trade’s profile on Financial1000 to discover the services offered and stay up-to-date with the latest news and developments. The company’s page can be accessed here: BitcoinPay Trade on Financial1000.

With this new addition, BitcoinPay Trade looks forward to building new connections and strengthening its presence in the financial services industry, continuing to provide innovative solutions to clients worldwide.

Technologies

Verum Coin Now Available on HB Wallet

Verum Coin (VERUM) continues to expand its ecosystem and strengthen its position in the global cryptocurrency market. We are delighted to announce that Verum Coin is now available on HB Wallet — a modern, secure, and user-friendly solution for managing digital assets.

HB Wallet provides users with a high level of protection, an intuitive interface, and the ability to execute fast transactions. Now, Verum Coin holders can easily store, send, and receive their assets, taking advantage of this innovative wallet. The integration with HB Wallet opens new horizons for crypto enthusiasts, offering even greater flexibility and convenience in managing their investments.

This news underscores Verum Coin’s commitment to continuous improvement and the expansion of services aimed at providing the most secure and comfortable experience for users around the world.

About Verum Coin

Verum Coin is an innovative cryptocurrency focused on delivering advanced solutions for digital asset management in today’s financial landscape. By continually expanding its ecosystem, Verum Coin makes cryptocurrency transactions more accessible and convenient for users worldwide.

Technologies

Verum Messenger Celebrates Its 4th Anniversary: A Journey Towards Security, Innovation, and User Trust

Today, Verum Messenger, one of the leading messengers on the market, celebrates its 4th anniversary. Over the years, the app has become a symbol of security, privacy, and innovation in the world of digital communication, and continues to evolve confidently, introducing new features and improving the quality of service.

When Verum Messenger was launched in 2021, its goal was clear — to create a communication platform that puts data security first. Four years later, this messenger has proven that its approach works. The app has not only successfully implemented end-to-end encryption to protect messages but has also offered unique features such as the ability to block screenshots and screen recordings, the built-in Verum VPN service that ensures online anonymity and security, and one-click information clearing within the messenger.

Achievements and Innovations

Over the past four years, Verum Messenger has significantly expanded its capabilities and established itself as one of the most secure messengers. One of the key milestones was the integration of Verum E-SIM, a feature that allows users to connect to mobile internet without the need for a physical SIM card. This was a breakthrough for travelers who value flexibility and anonymity without being dependent on mobile carriers and roaming.

But the most important achievement was the introduction of Verum AI — a generative artificial intelligence developed in-house. This chatbot, integrated into the messenger, provides users with a unique opportunity to interact with an intelligent assistant capable of not only answering questions but also giving recommendations and solving everyday tasks. This feature is one of the first among messengers to offer its own neural network that continually adapts to users’ needs and improves its functionality.

Commitment to Data Security

It is important to note that data security remains the top priority for Verum Messenger. The company has always been dedicated to protecting privacy. In recent years, the app has introduced several improvements aimed at safeguarding users from data breaches and unauthorized access.

Moreover, Verum Messenger continues to develop and enhance its privacy settings, giving users control over who can view their information and who can contact them.

The Future of Verum Messenger

Now, four years after its launch, Verum Messenger is not stopping at its achievements. The company is actively working on new innovations and improvements that will help the messenger remain at the forefront of technology.

“Our users and their right to privacy and security have always been and will remain our top priority. We will continue to work to ensure that Verum Messenger remains the safest and most convenient tool for communication, considering new challenges and technologies,” the development team shares its plans.