Friday, August 7, 2020

On the downside, blocking TikTok opens a can of worms for Facebook, Google

You might think that the Trump administration banning Chinese ownership of video-sharing app TikTok in the U.S. on national security grounds would be a win for social-media competitors such as Facebook Inc., Alphabet Inc. and Twitter Inc. Selling Bytedance Inc.’s operations in several major English-speaking markets to Microsoft Corp. raises the hope that TikTok might suffer the sort of benign neglect that’s neutered other Microsoft-owned media assets, such as LinkedIn and Skype. Facebook lost no time in launching a copycat video-sharing service to compete.



Submitted August 07, 2020 at 09:45AM by nasirbobby https://ift.tt/3a5ILqw via TikTokTikk

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