Berliner Boersenzeitung - One billion users, but trouble mounts for TikTok

EUR -
AED 4.075441
AFN 76.531707
ALL 98.695892
AMD 430.295824
ANG 1.999872
AOA 1029.425132
ARS 1067.938787
AUD 1.628429
AWG 1.997227
AZN 1.888206
BAM 1.944933
BBD 2.240521
BDT 132.60789
BGN 1.953839
BHD 0.418089
BIF 3216.868524
BMD 1.109571
BND 1.433876
BOB 7.668156
BRL 6.114181
BSD 1.10967
BTN 92.74849
BWP 14.668646
BYN 3.631512
BYR 21747.582525
BZD 2.236742
CAD 1.505787
CDF 3185.576752
CHF 0.944494
CLF 0.037333
CLP 1030.122471
CNY 7.83146
CNH 7.835804
COP 4609.133819
CRC 575.772628
CUC 1.109571
CUP 29.403619
CVE 109.652343
CZK 25.090157
DJF 197.600611
DKK 7.458761
DOP 66.606651
DZD 147.017834
EGP 53.926463
ERN 16.643558
ETB 128.769112
FJD 2.442442
FKP 0.845003
GBP 0.83564
GEL 3.028867
GGP 0.845003
GHS 17.445527
GIP 0.845003
GMD 76.005386
GNF 9587.217676
GTQ 8.578072
GYD 232.142956
HKD 8.638833
HNL 27.526705
HRK 7.543982
HTG 146.418622
HUF 394.407724
IDR 16886.110174
ILS 4.195214
IMP 0.845003
INR 92.680152
IQD 1453.645348
IRR 46704.609464
ISK 152.111112
JEP 0.845003
JMD 174.342759
JOD 0.786245
JPY 159.388148
KES 143.145704
KGS 93.46856
KHR 4506.738431
KMF 489.708703
KPW 998.612854
KRW 1485.34899
KWD 0.338586
KYD 0.924713
KZT 532.025446
LAK 24503.649971
LBP 99370.901842
LKR 338.565295
LRD 221.939963
LSL 19.480705
LTL 3.276273
LVL 0.671168
LYD 5.269416
MAD 10.760081
MDL 19.363289
MGA 5018.822818
MKD 61.509508
MMK 3603.841822
MNT 3770.320635
MOP 8.907431
MRU 44.098616
MUR 50.71428
MVR 17.042587
MWK 1923.998095
MXN 21.574367
MYR 4.669028
MZN 70.845594
NAD 19.480618
NGN 1818.896374
NIO 40.840891
NOK 11.68456
NPR 148.395202
NZD 1.778814
OMR 0.427076
PAB 1.1097
PEN 4.159323
PGK 4.343653
PHP 62.173119
PKR 308.321789
PLN 4.276728
PYG 8657.394779
QAR 4.045696
RON 4.97399
RSD 117.079695
RUB 103.051858
RWF 1495.901558
SAR 4.163682
SBD 9.217133
SCR 15.112322
SDG 667.40269
SEK 11.366413
SGD 1.434614
SHP 0.845003
SLE 25.350694
SLL 23267.13367
SOS 634.145432
SRD 33.514596
STD 22965.869901
SVC 9.709532
SYP 2787.82919
SZL 19.487591
THB 36.612472
TJS 11.795881
TMT 3.883497
TND 3.362413
TOP 2.598728
TRY 37.895812
TTD 7.547761
TWD 35.600572
TZS 3029.12748
UAH 45.865398
UGX 4111.030589
USD 1.109571
UYU 45.852981
UZS 14120.785292
VEF 4019477.560852
VES 40.806629
VND 27312.078768
VUV 131.730443
WST 3.103982
XAF 652.294821
XAG 0.03641
XAU 0.000424
XCD 2.99867
XDR 0.822383
XOF 652.294821
XPF 119.331742
YER 277.753258
ZAR 19.30114
ZMK 9987.466008
ZMW 29.378063
ZWL 357.28126
  • RBGPF

    58.8300

    58.83

    +100%

  • CMSC

    0.0300

    25.15

    +0.12%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • RIO

    -1.6100

    63.57

    -2.53%

  • CMSD

    0.0100

    25.02

    +0.04%

  • NGG

    0.7200

    69.55

    +1.04%

  • BCC

    -7.1900

    137.5

    -5.23%

  • SCS

    -0.3900

    12.92

    -3.02%

  • GSK

    -0.8200

    40.8

    -2.01%

  • BTI

    -0.1300

    37.44

    -0.35%

  • RELX

    -0.1400

    47.99

    -0.29%

  • BCE

    -0.1500

    35.04

    -0.43%

  • VOD

    -0.0500

    10.01

    -0.5%

  • JRI

    -0.0800

    13.32

    -0.6%

  • AZN

    -0.5200

    78.38

    -0.66%

  • BP

    -0.1200

    32.64

    -0.37%

One billion users, but trouble mounts for TikTok
One billion users, but trouble mounts for TikTok / Photo: LOIC VENANCE - AFP/File

One billion users, but trouble mounts for TikTok

TikTok's breakneck rise from niche video-sharing app to global social media behemoth has brought plenty of scrutiny, particularly over its links to China.

Text size:

Several governments have banned the app from their equipment over fears that data could be viewed by officials in Beijing, and the United States is now trying to force Chinese parent company ByteDance to sell its prized asset.

So is TikTok a spying tool for Beijing, a fun video-sharing app, or both?

- Under pressure -

Global action against TikTok kicked off in earnest in India in 2020.

It was among the Chinese apps barred after deadly clashes on the border between India and China, with New Delhi saying it was defending its sovereignty.

The same year, US President Donald Trump threatened a ban and accused TikTok of spying for China, an idea that has gained ground in Washington.

TikTok has admitted ByteDance employees in China accessed details of American accounts but it has always denied turning over data to the Chinese authorities.

The company tried to soothe fears over data in the United States and European Union, promising to eventually store data of local users on local servers.

But the US federal government and the European Commission have both now banned the app from their employees' devices.

And the US is pushing even harder, with a threat to ban the app outright unless TikTok separates from ByteDance -- echoing the threat made by Trump.

- One billion users -

Bans have not halted TikTok's growth.

With more than one billion active users it is the sixth most used social platform in the world, according to the We Are Social marketing agency.

Although it lags behind the likes of Meta's long-dominant trio of Facebook, WhatsApp and Instagram, its growth among young people far outstrips its competitors.

Almost a third of TikTok users are between 10 and 19 years old, according to the Wallaroo agency.

Its rapid rise saw it grab more than $11 billion in advertising revenue last year, a threefold increase in a single year.

TikTok's competitors quickly copied its short video format and continuous scrolling, but to little avail.

- Creator appeal -

TikTok's editing features and powerful algorithm have kept it ahead of the game, attracting an army of creators and influencers.

But the algorithm is opaque and often accused of leading users into digital content silos.

TikTok and ByteDance employees also manually increase the number of views on certain content, executives reportedly admitting that they boosted content related to last year's World Cup and Taylor Swift's debut on the platform.

TikTok has said manual promotion only affects a tiny fraction of recommended videos.

- Disinformation -

The app is regularly accused of spreading disinformation, putting users in danger with hazardous "challenge" videos, and allowing pornography, even though it is supposed to prohibit nudity.

French news site Numerama reported a TikTok "trend" recently that involved publishing photographs of penises.

Several children have also reportedly died while trying to replicate the so-called blackout challenge, which involves users holding their breath until they pass out.

And around one-fifth of videos on topical issues such as the Russian invasion of Ukraine were found to be fake or misleading, according to a study by misinformation group NewsGuard.

AFP, along with more than a dozen fact-checking organisations, is paid by TikTok to verify videos that potentially contain false information. The videos are removed by TikTok if the information is shown to be false by AFP teams.

(G.Gruner--BBZ)