Business Wars TikTok vs Instagram | Lights Out | 5
Dec 14, 2020
In the summer of 2020, TikTok's popularity surges amidst the pandemic, but it faces threats from political forces and rivals. As calls for a ban loom, TikTok's founder must navigate a turbulent landscape. Meanwhile, Instagram strikes back with features that could undermine TikTok's success. Geopolitical tensions between the U.S. and China add another layer of complexity, while legal battles challenge Facebook's dominance. The clash between these social media titans sheds light on the evolving nature of digital competition.
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Sway House Shutdown
- LA Mayor Eric Garcetti shut down Bryce Hall's Sway House after repeated warnings about large parties.
- This jeopardized the TikTok stars' fame and fortune, highlighting the tension between influencers and local authorities.
Trump's TikTok Threat
- President Trump considered banning TikTok, citing China's handling of the virus and potential data security concerns.
- This threat was potentially fueled by TikTok users sabotaging a Trump rally in Tulsa, Oklahoma, by reserving tickets and not attending.
Zuckerberg's Testimony
- Mark Zuckerberg testified before Congress, arguing American tech companies face a threat from China.
- He highlighted TikTok's rapid growth as evidence of this, deflecting antitrust criticisms of Facebook.