EPISODE · Aug 6, 2020 · 3 MIN
Don't tell Trump, but TikTok’s top competitor is also Chinese owned
from TechFirst with John Koetsier · host John Koetsier
President Trump wants to ban TikTok in the U.S., but he’ll consider allowing a U.S. company to purchase it. As long as, in a novel twist, the U.S. government gets a cut. Meanwhile, U.S.-owned Triller is positioning itself as the biggest beneficiary to India’s TikTok ban, with 40 million new installs, and by extension, the likely winner of an American ban. But in this latest episode of Meet the Kardashians, White House edition, they’re all potentially being played. Because the fastest-growing non-TikTok short-form video entertainment app is also Chinese-owned. Economic and trade policy, meet Whack-A-Mole.
What this episode covers
President Trump wants to ban TikTok in the U.S., but he’ll consider allowing a U.S. company to purchase it. As long as, in a novel twist, the U.S. government gets a cut. Meanwhile, U.S.-owned Triller is positioning itself as the biggest beneficiary to India’s TikTok ban, with 40 million new installs, and by extension, the likely winner of an American ban. But in this latest episode of Meet the Kardashians, White House edition, they’re all potentially being played. Because the fastest-growing non-TikTok short-form video entertainment app is also Chinese-owned. Economic and trade policy, meet Whack-A-Mole.
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Don't tell Trump, but TikTok’s top competitor is also Chinese owned
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