TikTok CEO expected to directly confront possible ban
TikTok CEO Shou Zi Chew will address a potential ban, outlining how such a measure would ultimately harm the U.S. economy, according to his prepared remarks posted on the House committee's website.
TikTok hosts accounts for 5,000 U.S.-based businesses and employs 7,000 workers across the country, Chew said in a video posted on Tuesday.
"We do not believe that a ban that hurts American small businesses, damages the country's economy, silences the voices of over 150 million Americans, and reduces competition in an increasingly concentrated market is the solution to a solvable problem," the prepared remarks say.
Chew plans to tout Project Texas, an ongoing effort that he says keeps all data on U.S. users within the country through a partnership with Austin, Texas-based cloud computing company Oracle.
"Bans are only appropriate when there are no alternatives. But we do have an alternative," Chew will say.