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Brendan Carr, FCC Commissioner, speaking astatine the State of the Net Conference 2019 astatine the Newseum successful Washington, DC.
Michael Brochstein | SOPA Images | LightRocket | Getty Images
Shares of U.S. societal media companies Snap and Meta spiked connected the quality that a Federal Communications Commissioner said the U.S. authorities should prohibition TikTok.
"I don't judge determination is simply a way guardant for thing different than a ban," Republican Commissioner Brendan Carr told Axios successful an interview.
Snap shares were up 6% and Meta shares were up 4% Tuesday afternoon.
The comments from Carr, 1 of 4 existent commissioners astatine the Democrat-led agency, bash not needfully awesome immoderate pending actions against TikTok.
The Committee connected Foreign Investment successful the U.S. (CFIUS) successful the Treasury Department is reviewing the company's imaginable nationalist information implications, fixed its ownership by a Chinese company, ByteDance. And the Department of Justice is the 1 starring negotiations implicit a information deal, The New York Times reported successful September.
Concerns implicit TikTok's imaginable information risks are mostly bipartisan. Both the Trump and Biden administrations person expressed concerns and reviewed the company's narration with its Chinese owner. TikTok has maintained that it stores U.S. idiosyncratic information extracurricular of China truthful that it would not person to crook implicit that accusation to the government, but U.S. officials person maintained their skepticism.
"Commissioner Carr has nary relation successful the confidential discussions with the U.S. authorities related to TikTok and appears to beryllium expressing views autarkic of his relation arsenic an FCC commissioner," a TikTok spokesperson said a statement.
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