Could the collapse of TikTok in the American market come even faster than its meteoric rise? Secretary of State Mike Pompeo and now President Trump have said the U.S. government is “looking at” banning the app because of its Chinese ownership.
This week on the Caixin-Sinica Business Brief: Urban unemployment rates in China rise to 5.9% despite lower numbers of daily coronavirus cases in the country...
Chinese government officials and businesses want to see the new Indian bans on Chinese apps reversed, but Modi’s move is popular among Indians seeking retribution for the lives lost on the Himalayan border.
India has escalated its border confrontation with China, two weeks after a deadly clash at the Line of Actual Control. This time, cyberspace borders are at stake: India’s Ministry of Electronics and IT (MeitY) announced today that it would completely ban and disable all access within India to 59 China-based app, including TikTok and WeChat.
TikTok is now the only China-based app to gain significant traction overseas. As a result, its experience serves as a natural experiment in how foreign regulators react to such a situation.
Even as U.S.-China tensions escalate to levels unprecedented in the last four decades, three hard-charging Chinese internet companies are confidently expanding in America.
Kevin Mayer, who transformed Disney into a streaming powerhouse, is leaving to become the CEO of TikTok, a Chinese social video app that has surged in popularity and drawn scrutiny from U.S. lawmakers.
Kevin Mayer, who transformed Disney into a streaming powerhouse, is leaving to become the CEO of TikTok, a Chinese social video app that has surged in popularity and drawn scrutiny from U.S. lawmakers. Mayer will also be the COO of ByteDance, the Chinese conglomerate that owns TikTok.
Ecommerce livestreaming was already one of the biggest marketing and ecommerce trends of 2019. Thanks to the coronavirus, it has truly gone mainstream in China...