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Articles related to "tiktok"


Silicon Valley’s Vast Data Collection Should Worry You More Than TikTok

  • We should be worried about private companies and governments potentially collecting data on millions of unsuspecting people and censoring content they don’t like.
  • Indeed, given the Five Eyes member countries’ extensive history of meddling in other countries — and given the massive amounts of money US tech firms spend to influence their own country’s politics —  this should be a worry at least as pressing as China, especially given the larger number of US-based social media platforms that we use without a care in the world on a daily basis.
  • We should broaden the concerns and criticisms of TikTok and its relationship to China to tech firms more generally, and push for an across-the-board guarantee of online privacy and free speech for all of the world’s people, whether they’re more worried about being tracked and manipulated by people in the United States or China.

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Reels is a worthy TikTok rival lost in Instagram bloat

  • While incorporating Reels directly inside an already popular app gives it a good chance at succeeding, it also adds clutter and bloat to the Instagram experience, and after trying it out, risks confusing users.
  • It doesn’t hurt that Instagram has done a good job in seeding early access to influencers who are also big on TikTok; most of the early Reels’ content has the same kind of dances and amusing lip sync memes, if not direct copies of the videos that were already previously posted on the rival video app.
  • Plus, Stories have that aforementioned intimate feel that tends to be familiar to a lot of Instagram users who are already used to sharing personal photos and videos.
  • Together with other elements like Stories, IGTV and a dedicated shopping hub, Reels is making Instagram feel as confusing and bloated as the Facebook app.

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Mark Zuckerberg Is Worth $100 Billion - He Owes Trump a Big Thank You

  • Facebook stock’s record high coincided with renewed investor optimism following the rollout of TikTok clone Instagram Reels.
  • The timing of the president’s attack on Chinese tech companies like ByteDance – the owner of TikTok – helped shine the spotlight on Reels.
  • And as Trump threatens to ban TikTok altogether, he’s giving Reels the perfect opportunity to swoop in and steal market share.
  • I was skeptical TikTok creators would so willingly jump ship, but Trump’s threats – and especially Thursday’s executive order giving ByteDance a 45-day ultimatum – likely change the calculus.
  • Virtually every article chronicling TikTok’s woes mentions Reels.
  • While it’s far too early to measure Reels’ success, it’s almost a given it will fare better than Lasso – another TikTok clone Facebook shuttered this year.
  • When history is written, it’s likely Lasso’s failure compared to Reels will be blamed on timing.

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Trump declares TikTok, WeChat “national emergency,” preps bans

  • The White House's campaign against the China-based developers of popular apps escalated dramatically in the last day, as President Donald Trump declared both TikTok and WeChat to be national emergencies and said the administration will ban or curtail their operations in September.
  • The political rhetoric in the orders makes it clear that in addition to concern about Americans' user data potentially being sent to and digested by a foreign government, the orders are also part of the ever-escalating trade tensions between the Trump administration and China that has led to bans on equipment from Huawei and ZTE and increased tariffs on imported goods, among other actions.
  • The CFIUS, a multi-agency committee headed by the Treasury Department, reviews transactions in which a foreign buyer acquires a US firm for potential national security concerns.

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What If Trump's TikTok Ban Is Nothing More Than Petty Revenge?

  • Donald Trump has always been a vengeful man – and now he’s taking aim at TikTok. Still reeling from the platform’s instrumental role in the infamous Tulsa rally debacle, President Petty struck back.
  • Some of the app’s biggest stars fear they’ve become the target of Trump’s latest tantrum simply because they embarrassed him with that epic Tulsa rally prank.
  • Sure, the Trump administration claims their biggest concern about TikTok involves “national security.” And, to be fair, the app’s data collection policies and ties to the Chinese government raise eyebrows.
  • The President’s threat to shut down the platform also comes a month after a stunt organized mainly through TikTok may have led to a sparsely-attended Trump campaign rally in Tulsa, Oklahoma.
  • TMZ spoke to two TikTok celebrities – Mary Jo Laupp (better known as “TikTok Grandma”) and DeJuan Booker – who helped organize the Tulsa rally prank.

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Stocks fall despite solid jobs report as worries about China resurface

  • New York (CNN Business) - Stocks fell slightly Friday morning despite the better than expected jobs report, as new fears about economic tensions between the United States and China cast a shadow over Wall Street after President Trump threatened to ban Tencent-owned messaging app WeChat.
  • The market had been heading for even bigger losses before the jobs numbers came out though, so investors clearly were relieved to see a bigger gain in jobs added and larger drop in the unemployment rate than economists had expected.
  • But tech stocks were facing pressure Friday after Trump's proposed ban of WeChat, which comes shortly after the president issued a similar crackdown on popular social media app TikTok. Microsoft is in talks to buy TikTok from its Chinese parent company, ByteDance.

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TikTok’s potential $588 per user valuation in Microsoft deal

  • Given that social media in 2012 represented a far less developed market and the almost ten year lead time, it’s difficult to directly compare Instagram to TikTok. Today Instagram is valued at over $100 billion and has over 1 billion users, placing its per user rate at $100.
  • If Facebook is some leading indicator for the pinnacle of per user value for social media, then at $50 billion for the roughly 85 million American users, TikTok’s per user value would be $588 (this doesn’t change significantly when accounting for the Australian/Canadia/NZ markets given low penetration).
  • Microsoft isn’t negotiating a price range between $20-50 billion based on revenue projections of which a majority are derivative of the Chinese Douyin market, they are at the table on the basis of becoming potentially larger than the largest social media platform in the world.

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The 7 best ways to make money as a TikTok influencer, according to top creators - Business Insider

  • But many creators hoping to earn a living from TikTok don't rely on the app's built-in monetization features, turning instead to a variety of alternative revenue streams like paid song integrations, brand deals, app marketing, merchandise, and promoting product sales on other websites like Etsy and Depop.
  • TikTok creator Cosette Rinab (2 million TikTok followers) told Business Insider in January that she earns most of her revenue through sponsored posts on TikTok. Rinab has landed sponsorships with brands like Bumble, Hollister, and Universal, and there are also some management firms, like Whalar Stars and Amp Studios, that help creators land deals and opportunities.
  • TikTok star Addison Rae Easterling (54 million TikTok followers) sells her merchandise with the popular influencer ecommerce company Fanjoy, which handles merch sales for top creators like Jake Paul, David Dobrik, and Tana Mongeau.

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The 7 best ways to make money as a TikTok influencer, according to top creators - Business Insider

  • But many creators hoping to earn a living from TikTok don't rely on the app's built-in monetization features, turning instead to a variety of alternative revenue streams like paid song integrations, brand deals, app marketing, merchandise, and promoting product sales on other websites like Etsy and Depop.
  • TikTok creator Cosette Rinab (2 million TikTok followers) told Business Insider in January that she earns most of her revenue through sponsored posts on TikTok. Rinab has landed sponsorships with brands like Bumble, Hollister, and Universal, and there are also some management firms, like Whalar Stars and Amp Studios, that help creators land deals and opportunities.
  • TikTok star Addison Rae Easterling (54 million TikTok followers) sells her merchandise with the popular influencer ecommerce company Fanjoy, which handles merch sales for top creators like Jake Paul, David Dobrik, and Tana Mongeau.

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TikTok vows to fight White House ban with ‘all remedies available’

  • TikTok has issued a statement on the White House’s plan to ban its popular app, saying it was “shocked” by the executive order and that it will respond in court, if necessary.
  • We have made clear that TikTok has never shared user data with the Chinese government, nor censored content at its request.
  • In fact, we make our moderation guidelines and algorithm source code available in our Transparency Center, which is a level of accountability no peer company has committed to.
  • The company restated that “TikTok has never shared user data with the Chinese government, nor censored content at its request.” It added that it’s one of the few social media companies to make its moderation guidelines and algorithm source code available to the public, and noted that it even offered to sell its US business to an American company.

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