TikTok | Clock is ticking for internet giant
4 years, 4 months ago

TikTok | Clock is ticking for internet giant

The Hindu  

In an executive order issued on August 6, U.S. President Donald Trump gave the hugely popular short video-sharing social media app TikTok, owned by Beijing-based ByteDance, 45 days to find a buyer. The order on TikTok pointed to the app’s links to the Communist Party of China, saying all data collected by it “threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information” and “may also be used for disinformation campaigns that benefit” the party. It also specifically mentioned India’s June 29 ban on TikTok and 58 other Chinese apps, which the Indian government decided “pose threat to sovereignty and integrity of India”, citing “compilation of…data, its mining and profiling by elements hostile to national security and defence of India.” The moves in India and the U.S. — TikTok’s two biggest markets, with more than 400 million downloads in India and 175 million downloads in the U.S. — have brought the remarkable global rise of an unlikely social media phenomenon to a screeching halt. He pledged all his companies would “strengthen the work of Party construction, carrying out education among our entire staff on the four consciousnesses, socialist core values, guidance of public opinion, and laws and regulations, truly acting on the company’s social responsibility.” Indeed, the rise of TikTok has triggered a debate about how - and whether - open societies can engage with Chinese firms that operate, back home, under their own laws, and without the checks and balances and transparency that applies elsewhere.

History of this topic

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