In 2022, the Biden administration reportedly turned down an offer from TikTok that would have granted the U.S. government significant control over the popular China-based app. The proposal came at a time when TikTok was facing the possibility of being sold or shut down.
ByteDance, the Chinese owner of TikTok, proposed giving the U.S. government the authority to select its board of directors, influence hiring decisions, and even agreed to have a U.S. company monitor its source code. However, the government ultimately rejected the offer, citing serious national security concerns.
