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FT's Joshua Oliver: It seems odd to me that a company so rock solid just a few days ago is now being sold. How does finance justify growth when the boom times of crypto appear to be over? The video sharing app TikTok has slashed revenue forecast for the year by up to 20%. Like other tech companies, the Chinese owned app is being hit by a slowing global economy and falling ad revenues.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode