After a skirmish with China, India banned TikTok, WeChat, and several other Chinese Apps. With this precedent, President Trump has given 45 days for TikTok to either find a buyer or cease U.S. operations. TikTok U.S. has 80 million U.S. monthly users and growing. The Co. is speculated to generate $1b in revenues, and this number is projected to grow to $5-6 billion next year. Most Chinese companies have a Govt. back end, so it would not be surprising if TikTok shared its user data – to its liking or not - with the Chinese Govt. Therefore, banning a Chinese app that exposes U.S. user data to the Chinese Govt, at least on paper, seems to be a rational one.
TikTok Ban and Social Side Effects
TikTok Ban and Social Side Effects
TikTok Ban and Social Side Effects
After a skirmish with China, India banned TikTok, WeChat, and several other Chinese Apps. With this precedent, President Trump has given 45 days for TikTok to either find a buyer or cease U.S. operations. TikTok U.S. has 80 million U.S. monthly users and growing. The Co. is speculated to generate $1b in revenues, and this number is projected to grow to $5-6 billion next year. Most Chinese companies have a Govt. back end, so it would not be surprising if TikTok shared its user data – to its liking or not - with the Chinese Govt. Therefore, banning a Chinese app that exposes U.S. user data to the Chinese Govt, at least on paper, seems to be a rational one.