'TikTok Confirms Chinese Engineers Write App's Source Code: Revelation Sparks Top Republican's Concerns Over Claims Firm Allows Beijing To Gain 'back Door Access' To Americans' Data' - Daily Mail
Portfolio Pulse from Benzinga Newsdesk
TikTok confirmed that its app source code is written by Chinese engineers, raising concerns over potential 'back door' access to Americans' data by the Chinese Communist Party. House Homeland Security Committee Chairman Mark Green expressed concerns about the security of users' data.
May 22, 2023 | 4:54 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TikTok's confirmation of Chinese engineers writing its app source code raises security concerns, potentially impacting RUM's stock price.
TikTok's confirmation that Chinese engineers write its app source code raises concerns over potential 'back door' access to Americans' data by the Chinese Communist Party. This could lead to increased regulatory scrutiny and potential user backlash, negatively impacting RUM's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100