DeepSeek 'shared user data' with TikTok owner ByteDance
Published On Feb 18, 2025, 6:40 AM
South Korea's data protection regulator has accused Chinese AI startup DeepSeek of potentially sharing user data with ByteDance, the owner of TikTok. Following these accusations, the country removed DeepSeek from app stores due to data protection concerns. There are ongoing fears about user data privacy in the context of China's National Intelligence Law, leading to scrutiny from multiple countries. The PIPC has raised alarms about the lack of transparency in DeepSeek's data policies and advised users to be cautious about entering personal information into the app.
Stock Forecasts
BDN
Negative
Due to increasing scrutiny over user data protection and the removal of DeepSeek from app stores in South Korea, the sentiment towards investments in DeepSeek and associated entities like ByteDance may turn negative. The regulatory actions and public warnings will likely impact customer trust and adoption of DeepSeek's services, affecting its long-term viability.
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