TikTok’s Clock Is TICKING: Possible Banishment.
Tiktok, the hottest new viral video app has taken the social sphere by storm since its arrival in 2018. It is considered the MOST valuable private startup in the world with a valuation of over $100 Billion dollars. Owned and operated by Bytedance, a China-based tech company that has toppled competition and angered others. President Trump tops the list of those wanting to dismantle it. Trump is currently considering banning TikTok and other Chinese apps because he believes the Chinese-owned company is passing American user data to the Chinese Government.
Based on security concerns that China may be snooping on American citizens, The US Government has banned many government agency employees from having TikTok on their phones. American companies like Wellsfargo, Amazon and others, have told employees to remove the app from company devices. Interesting, this sounds like a modern day Trojan horse.
Three months after it’s 2018 launch Tiktok hit #1 on the App Store, passing giants like Instagram and YouTube. In 2019, a year later, tiktok reached over 738 Million downloads and by as of today, is has already downloaded over 2 Billion times, and has an estimated 80 Million users in the US alone. Despite tiktok’s explosive growth and its huge US market influence, the company is facing a Worldwide banishment, and a clock that is ticking. TikTok TikTok...
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