TikTok’s chief executive, Shou Zi Chew, discovered during his five-hour grilling by US Congress what Huawei could have told him all along: being owned by a Chinese company is bad for business.
In fact, the panic over TikTok is a lot like like Huawei and 5G all over again. The security and privacy risks are plausible, but largely without evidence. What this is really about is trust, trade and geopolitics.