Zhang Yiming is the owner and founder of ByteDance. He was the CEO and former chairman of the company when ByteDance decided to purchase Music.ly, but he has since stepped down from his role as CEO. Zhang owns an estimated 22% stake in the company and has a net worth of $53.2 billion.
Then, does TikTok steal your info?
According to that guide, TikTok can “infer” personal characteristics from your age range to your gender based on the other information it collects. Google and other sites do the same thing, a practice called “inferred demographics.”
Also question is, is TikTok still owned by China?
However, TikTok released a statement saying that the China-based subsidiary of ByteDance in which the Chinese government owns a stake does not have any ownership of TikTok, only Chinese apps. In fact, users in China cannot even access the app; instead, they use a similar app called Douyin.
Is TikTok still spyware?
TikTok Continues to Rise in Popularity Despite Controversies
We’re told companies won’t use the data against our interests, but even so, the information is still stored somewhere, vulnerable to cyber attacks or to privacy policy changes you might absent-mindedly agree to.