You are here

PERSPECTIVE

Social-media time bombs that go TikTok TikTok

An app that has captivated Generation Z with the ability to create and share videos has been dragged into the US-China power struggle, becoming its latest flashpoint.

BT_20201003_SYTTIKTOK3_4266326.jpg
The US argument against TikTok is this: It is a Chinese app. The concern is that it shares - or could be compelled to share - users' data with the Chinese government, which has wide-ranging legal powers to compel mainland-based companies to hand over data on demand.

Singapore

SOCIAL-MEDIA darling TikTok boasts 800 million active users. Reports value it at up to US$50 billion. Considering that its Beijing-based app maker launched it worldwide only two years ago, that represents huge growth. Contrast that to the 14-year-old Twitter: "only" 330 million...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes