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Topic - Bytedance
ByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance is reportedly worth over US$100 billion as of May 2020. - Source: Wikipedia
TikTok, which is owned by China's ByteDance, insisted Monday that it is not a national-security threat and that the government is acting to “further the president's anti-China political campaign.” The company said the government is acting without evidence for its allegations or due process.