Tech's newest giant is also an outcast
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...