TikTok has emerged as a target for Silicon Valley giants worried about losing users and also for Beltway insiders who fear the company's ties to Beijing will undermine national security.
, the social app for short video has emerged as a target for Silicon Valley giants worried about losing users and also for Beltway insiders who fear the company's ties to Beijing will undermine national security.: It’s not what TikTok is doing today that has people most concerned, but rather what it could do with millions of users, many of them young people, and a powerful algorithm that seems perfectly tuned to reach their hearts and minds.
The nightmare scenario imagines China using the site to actively spread misinformation, sow discord or otherwise seek to manipulate a world of users that TikTok has grown to know so well.Google CEO Sundar Pichai cited TikTok as both a growing rival to Google-owned YouTube and proof that competition is alive and well.
“The thing about being in tech, competition comes from nowhere,” Pichai said. “None of us were talking about TikTok three years ago.”“There’s been two major themes so far" at Code, author and podcast host Scott Galloway told the conference crowd: "The first is Tik, the second is Tok.” Galloway, who took every chance to call out the dangers of TikTok, was the sharpest critic in calling for it to be banned, but others were happy to join in.offered the most detailed take on TikTok’s growth, pointing to vast sums that Chinese parent ByteDance spent acquiring creators and customers to transform a little-known app into a global phenomenon.
"No startup could afford to invest billions and billions and billions of dollars in user acquisition like that around the world,” Spiegel said. "It wasn't an innovation-led strategy."
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