US-China Tech Rivalry Plays Out In Scrutiny of TikTok [Forbes]
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Source: Forbes
US-China Tech Rivalry Plays Out In Scrutiny of TikTok Look for the Washington, DC investigation of the popular Chinese video app TikTok to lead to a bigger crackdown on China’s growing influence and power in the tech economy. As Chinese tech startups have increasingly gone global like TikTok and its parent company ByteDance have, this scrutiny is bound to become more widespread and impact other China entities in the U.S. The 15-second music video app that TikTok has created and popularized is a good example of the type of innovation that is arising from China today, no longer copying American brands but inventing its own with apps for a new generation. TikTok beat both Tencent and Facebook to the idea. Facebook has since come out with its own 15-second video app, Lasso, and Google may be next. Regulators are specifically examining the ByteDance acquisition of social video app Musical.ly in 2017, which wasn’t cleared by DC at the time. That deal combined TikTok’s -fed streams and m
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