![]() ![]() The app's parent company, Chinese technology conglomerate ByteDance, has long been under scrutiny for how it collects and processes user data. TikTok also deserves close attention "because it's the fastest-growing social media in the world, and its demographic is very young," she added. "There are legitimate concerns about potential surveillance by the Chinese regime," Estelle Masse of Brussels-based digital rights nonprofit Access Now told DW. Politicians around the world have raised concerns about Beijing's potential influence on the app Image: Jakub Porzycki/NurPhoto/picture alliance Like the Trojan horse in Greek mythology, they warn, Beijing could use the app to gain access to sensitive user data and spread misleading information. Their fear is that China's government could hijack TikTok to push its interests. While the European Union is about to implement legislation that will force TikTok to aggressively police harmful content, countries from the US to Japan are mulling how to regulate the app - or even follow India's example and outright ban it. Lawmakers worldwide are debating how to restrict, if not outlaw, the use of the Chinese video-streaming service, which has become one of the most popular apps among teenagers around the world. CNN Sans ™ & © 2016 Cable News Network.TikTok is in the crosshairs of many authorities and monitoring bodies. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Launched in 2016, Douyin was the major money spinner for ByteDance years before TikTok, raking in revenue through in-app tipping and livestreaming.īyteDance was founded by Zhang Yiming, a former Microsoft employee, and first became known for its news app Jinri Toutiao or “Today’s Headlines,” which debuted in 2012 soon after the company was founded. Like TikTok, it’s a short-form video app. Here’s what you need to know about Douyin and ByteDance:ĭouyin has a whopping 600 million users a day. Its powerful algorithm became the foundation for TikTok and is key to its global success.īut the two platforms, similar on the surface, play by starkly different rules. ![]() Instead, there’s a different version of TikTok - a sister app called Douyin.īoth are owned by Beijing-based parent company ByteDance, but Douyin launched before TikTok and became a viral sensation in China. TikTok is fighting to stay alive in the United States as pressure builds in Washington to ban the app if its Chinese owners don’t sell the company.īut the wildly popular platform, developed with homegrown Chinese technology, isn’t accessible in China. ![]()
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