Commerce bans TikTok, WeChat transactions on national security grounds
The Commerce Department on Friday issued regulations outlining transactions involving TikTok and WeChat it plans to ban, degrading the functionality of the mobile applications as a means to address national security concerns involving the collection of U.S. personal data by Chinese-owned companies. The goal of the regulations is to curtail the availability of U.S. citizen personal data to Chinese-owned companies that have a known relationship with the Chinese government, senior Commerce officials said. The two regulations are the first indication...