Senate passes bill to ban TikTok on government devices

• Treasury Secretary Janet Yellen last month said the app presents "legitimate national security concerns" to the U.S.

Meanwhile, one of the five commissioners at the Federal Communications Commission has called for a national TikTok ban entirely.

The big picture: TikTok is owned by the Chinese company Bytedance, which is largely subject to China's government, given the country's party-state system.

• TikTok itself doesn't operate inside China, however, and the company doesn't store U.S. user data in China.
• Oracle began vetting TikTok's algorithms and content moderation models earlier this year to ensure they aren't manipulated by Chinese authorities.

Worth noting: TikTok is working to reach an agreement with the Council on Foreign Investment in the U.S., an interagency committee that reviews certain transactions involving foreign investment to account for national security concerns, to determine whether the firm can be divested to an American company and remain operational in the U.S.

What's next: The legislation led by Sen. Josh Hawley (R-Mo.) now heads to the House.

Editor's note: This story has been corrected to say that Sen. Josh Hawley is leading the legislation, not Sen. Marco Rubio.