In a statement to CNN Business on Monday, a spokesman for Wells Fargo said the company had identified “a small number of employees with company-owned devices who installed the TikTok application.”
“Because of concerns about TikTok’s privacy and security controls and practices, and because company-owned devices should only be used for business, we asked these employees to remove the application from their devices, “said the statement.
The ban was first reported by The Information. TikTok did not immediately respond to a request for comment.
Wells Fargo’s announcement comes at a time when the TikTok review is being renewed – including discussions about a possible Trump administration ban – because of its ties to China. The abbreviated video app, which has been downloaded 165 million times in the United States, belongs to the most valuable start-up in the world, a Chinese company called ByteDance.
Amazon sent an email to employees on Friday to immediately remove TikTok from work phones or risk being cut from corporate emails. But a few hours later, Amazon said the email was sent “in error”.
Friday, after Amazon sent the first email, TikTok told CNN Business that it was fully committed to respecting the privacy of its users.
“We are proud that tens of millions of Americans are turning to TikTok for entertainment, inspiration and connection, including many Amazon employees and contractors who have been at the forefront of this pandemic,” A company spokesperson told CNN.
Separately, the National Democrat and Republican committees have warned their staff of the use of the application.
American policymakers have already sounded the alarm about the potential of TikTok as a security risk. According to politicians, including the leader of the Senate minority Chuck Schumer and the Republicans Sens. Tom Cotton and Josh Hawley, a major concern is the possibility that TikTok data will be passed on to the Chinese government. American cybersecurity experts say the reality is more complicated.
TikTok said that data relating to US users is stored in the United States and is not subject to Chinese laws. He has also hired an American CEO and could undergo business changes to stand out from China.