TikTok founder Zhang Yiming has insisted upon diversifying TikTok’s growth through new acquisitions and untapped markets. The company has been facing political pressure from the USA for matters on the use of data by the Chinese company.
Crux of the Matter
The US has been mulling over the presence of the Chinese company regarding data use and censorship issues.
ByteDance, the parent company of TikTok, acquired USA’s Musical.ly application for $1 billion.
TikTok also faced regulatory hits in countries like Indonesia and India.
The CEO of this popular app urged the company to expand in the untapped geographies. He also insisted upon fortified data protection measures.
Curiopedia
TikTok Ban in India – On 3 April 2019, the Madras High Court while hearing a PIL had asked the Government of India to ban the app, citing that it “encourages pornography”. The court also noted that children using the app were at risk of being targeted by sexual predators. The court further asked broadcast media not to telecast any of those videos from the app. The spokesperson for TikTok stated that they were abiding by local laws and were awaiting the copy of the court order before they take action. On 17 April, both Google and Apple removed TikTok from Google Play and the App Store. As the court refused to reconsider the ban, the company stated that they had removed over 6 million videos that violated their content policy and guidelines. Read More
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