WSJ: TikTok wants to move out of China
Illustration: Aïda Amer/Axios
TikTok's parent company, ByteDance, is weighing its options for building TikTok's global headquarters outside of China, the Wall Street Journal (subscription) reports.
The big picture: The video-sharing app is likely trying to distance itself from its Chinese ownership amid concerns around its user data and possible censorship on issues deemed off-limits by the Chinese Communist Party.
Catch up quick: Singapore, Dublin, and London are potential cities on TikTok's shortlist, per the WSJ. No U.S. cities are currently under consideration.
What they're saying: One person told the WSJ that TikTok's move outside of China has been internally discussed for months, but the initiative is “only accelerating because of the things happening in the U.S."
Go deeper: TikTok is China's next big weapon