Tag: TikToks

How TikTok’s vaunted lobbying operation went wrong

After a brutal, five-hour bipartisan grilling of TikTok’s CEO on Capitol Hill in March 2023 — where Democrats and Republicans took turns bashing the company for its China ties, its risks to children and its mental health dangers — the company emerged confident that its leader, Shou Zi Chew, had nailed his first public appearance […]

How TikTok’s vaunted lobbying operation went wrong

After a brutal, five-hour bipartisan grilling of TikTok’s CEO on Capitol Hill in March 2023 — where Democrats and Republicans took turns bashing the company for its China ties, its risks to children and its mental health dangers — the company emerged confident that its leader, Shou Zi Chew, had nailed his first public appearance […]

TikTok’s owner is raking in cash

TikTok’s parent company, ByteDance, saw a 60% revenue increase in 2023, Bloomberg reported. TikTok has driven ByteDance’s recent success, allowing it to break into global e-commerce markets. This growth came as Congress debated, and then passed, a bill that could ban TikTok in the US. Revenue to ByteDance, TikTok’s parent company, grew by about 60% […]