TikTok and its parent company spent about $5.4 million on federal lobbying last year as it faced renewed threats of a ban
TikTok and its parent company ByteDance spent about $5.4 million on federal lobbying in 2022.TikTok has been under scrutiny as US lawmakers evaluate it as a possible national security threat.
TikTok and its parent company ByteDance spent about $5.4 million on federal lobbying in 2022, a roughly 4% increase from the previous year, according to year-endWhile ByteDance's and TikTok's lobbying spend remained relatively flat between 2021 and 2022, both years represented a significant spike from 2020 when the companies spent around $2.6 million.
"In the past decade or so, and especially after the 2016 presidential election, large technology companies like Amazon, Facebook, Meta, and Google have drastically increased their lobbying expenditures," Caitlin Chin, a fellow at the DC-based think-tank the Center for Strategic and International Studies, told Insider."Now we're seeing that from TikTok. It's sort of a new company in the hot seat.
Its app isn't available to users in China, and TikTok's leadership is based in Singapore and Los Angeles. But current and former employees previouslythat staff in ByteDance's Beijing office, often referred to internally as"HQ," can have the last say over product decisions for its app. In late 2020, the Trump administration attempted to ban TikTok's app from US app stores. The White House later agreed to a compromise in which ByteDance would sell TikTok's US operations to an American company.
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