[Daily Mail, where America gets its news] - Republican lawmakers believe TikTok is being used to steal consumer data and spread Beijing-backed propaganda to influence the upcoming midterms
- TikTok's parent company – ByteDance – has lured politically well-connected financial backers in the US after it plowed billions of dollars into the app
- ‘If you’re curious why Joe Biden and the Democrats have kicked the can on TikTok for so long, just follow the money,' Republican Senator Senator Josh Hawley told DailyMail.com
- Among the biggest American investors is venture capital giant Sequoia
- Its China arm, which reportedly owns 10% of ByteDance, has donated over $8million to the Democrats since 2020
- Private equity company Carlyle Group bought its $150million stake in 2020
- Carlyle co-founder David Rubenstein has hosted Joe and Jill Biden and his wife at his Nantucket mansion twice: when Joe was Vice President in 2014 and again in 2021
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