TikTok The country where the platform receives the most interaction is the USA, and it generates an annual revenue of 24 billion dollars with its 170 million users. However, the USA suddenly deleted TikTok on the grounds that parent company ByteDance leaked user data to China and posed a security threat.
The government, which gave ByteDance 9 months, will increase this period to 12 months if it sees progress. ByteDance, on the other hand, is preparing to take the issue to court and does not intend to submit to the government. If the judiciary does not revoke the law, the company will terminate its US operations.
In fact, TikTok US operations were to be transferred to the Oracle and Walmart partnership in late 2020, but the incoming Biden government shelved this plan to investigate its effects on national security. Three years later he came up with a similar arrangement.
The recommendation algorithms of the TikTok platform have been whetting appetite for years, and ByteDance intends to protect this algorithm no matter what. Of course, leaving the USA out would be a great loss for TikTok, but it could increase the importance of markets like our country.
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Source link: https://www.donanimhaber.com/tiktok-boyun-egmiyor–176710
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