If TikTok Gets Banned in the US, These 4 Apps Could Benefit Most
TikTok could be on its way out in the U.S. — and that could be a boon to several of its competitors. The app, owned by Beijing-based Bytedance, has about 80 million users in the United States, and 80% of those users are between the ages of 18-34. It’s wildly popular, especially among Millennials and Gen Z’ers. But policymakers have grown increasingly concerned over TikTok’s close ties China, worrying its data collection could become a national security threat if the company shares user information with China’s communist regime. (There have already been signs TikTok looks to appease the Chinese government, including censoring videos that mention the 1989 Tiananmen Square massacre.) Now, there is real momentum behind a potential ban. Secretary of State Mike Pompeo earlier this month said the government was “looking into” banning the app, and on Monday, the House of Representatives voted to disallow government devices from downloading TikTok. The Senate looks like it’ll be doing the same. While this doesn’t mean the U.S. government is on the verge of completely banning the app for all Americans, it’s certainly within the realm of possibility. TikTok is acting like a company that’s feeling the heat, with major investors looking at...
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