Tech's newest giant is also an outcast

Posted on AllSides September 1st, 2022
From The Left
Shoshana Gordon/Axios

The phenomenal and speedy rise of TikTok has made the short-video-sharing platform the latest and most-likely-to-succeed front-runner in the race to join tech's inner corporate circle.

Why it matters: TikTok's vast pool of users, fine-tuned content algorithm and accelerating cash machine have made it the upstart that most spooks Facebook, which started copycatting TikTok's format in 2020.

Yes, but: Tiktok's arrival as a competitive challenger to tech's incumbent giants comes with a colossal asterisk — it's owned by a private Chinese company, ByteDance.

There was a time when TikTok could look forward to a future...

Read full story


AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
See full bias rating for Axios
Learn about media bias

More News about Technology from the Left, Center and Right

From the Left

From the Center

From the Right