Good thing ByteDance's plans were thwarted! Now we can feel safe that such things indeed never happen within large social media companies. Oh joy and rapture!
Whereas anti TikTok is a recent (and much needed) development. That app is fast tracking through every single pitfall Facebook hit, starting with making users' attention spans less than five seconds, filtering out content based on beauty, giving schoolchildren tics, and all the trust and safety issues.
I think there is less cognitive dissonance than you think. There is still some belief that the US populace has a hand in the US govt's constitution and governance. If they are unhappy, changes can be effected.
But in the case of a foreign government, an authoritarian one at that, not only are any values and priorities not aligned, there is almost no way for US persons to effect any changes to the CCCP's constitution and governance.
We should expect end-to-end encryption and strong privacy from all applications, reducing the attack surface for malicious applications like TikTok or Google.
I think the EU has taken significant steps such as with the GDPR to protect its citizen's rights.