demanded on Wednesday that the Chinese company that owns TikTok sell the app, amid ongoing domestic security concerns, or face a potential ban in the U.S.
But, in the grand scheme of things, Jimmy Fallon doesn’t think a ban will amount to much.Currently, TikTok is owned by ByteDance, and generates an estimated $10 billion per year.
The company has been negotiating with federal officials since the Trump administration, hoping to retain ownership of the video app, but have so far failed.Over the last several months, concerns have been raised about national security issues that could come up if China’s government continues controlling an app that tens of millions of Americans use daily.
But, Fallon is pretty sure that China already has daily access to American data.“It is a bold move by Biden,” Fallon joked.
Read more on thewrap.com
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