• Reuters

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The U.S. government has launched a national security review of TikTok owner Beijing ByteDance Technology Co.’s $1 billion acquisition of the U.S. social media app Musical.ly, according to three people familiar with the matter.

The acquisition was completed two years ago but U.S. lawmakers have been calling in recent weeks for a national security probe into TikTok. They are concerned that the Chinese company may be censoring politically sensitive content and are raising questions about how it stores personal data.

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