Even equating the arm of a militaristic expansionist dictatorship to a tech giant is disingenuous to its core, Google collects a shit ton of data but even that pales in comparison to TikTok's absurd collection. But all of that aside, your argument is shit. Reign in every tech giant at once? Why? Why the hell is it all or none? I don't even think the US Federal Government in its current state has enough authority to try that, at this point.
That's like choosing not to take a doctor's license away unless you can take away every bad doctor's license in the USA at one time.