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Alibaba's six-way split, Disney cuts its metaverse team, Substack's raise & more | E1708
This Week in Startups
The Impact of Addiction on Young Kids
The CEO of TikTok testified before Congress as there is growing rumblings and discussion over a nationwide ban on the app. The United States has never before banned a social media company from existence, from operating in our borders. It seems like people love the product. Obviously, they're addicted to it. They're spending whenever 90 minutes a day on and on average young folks. Why should TikTok not be banned? First of all, I think it's important to discuss how unprecedented of a move this would be. And this is an app that has over 150 million Americans on it.
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