In reality we don't regulate them nearly as much as we can, so the end result is that FB and Tiktok both invade your privacy.
I prefer the idea of a US based social media company to a Chinese one. But only slightly. I would much rather the company be based somewhere with genuine intent to create consumer safety and privacy focused laws.
It’s pretty trivial to do that, and nobody would be the wiser.
Incentive for TikTok is to keep the CCP happy.
Given the geopolitical aims and ambitions of the latter, you can see why they aren't comparable.
The same can't be said of the Chinese Government. That seems like a pretty distinct reason to be more OK with FB/Insta/Snap than TikTok.
All Chinese Internet companies are compelled by the country’s National Intelligence Law to turn over any and all data that the government demands, and that power is not limited by China’s borders. Moreover, this requisition of data is not subject to warrants or courts, as is the case with U.S. government requests for data from Facebook or any other entity;
Their privacy policy notes data may be shared as well:
while TikTok claims that it is independent from ByteDance and stores data in the U.S. and Singapore, its privacy policy is clear:
"We may share your information with a parent, subsidiary, or other affiliate of our corporate group."
>Following the shutdown, ByteDance announced that it would give preference to Chinese Communist Party members in its hiring and increase its censors from 6,000 to 10,000 employees.