A sale to an American company would only serve to create perverse incentives.
The Chinese-owned video-sharing social media app TikTok has been all over the news recently, as the federal government has been considering banning the app from the US. I am a big proponent of this strategy and laid out the case against TikTok a few weeks back on this blog. This past weekend saw a flurry of activity on the TikTok front, as President Trump first stated that he was planning to ban the app outright before backing off of that position. The current plan du jour is to allow the American technology giant Microsoft to pursue a full acquisition of TikTok’s US operations. A sale to Microsoft would include the app’s American business, as well as the user data which the app collects. This would solve the problem that I delineated, would it not?
The video-sharing social network is a danger to personal privacy and national security.
If you know anyone under the age of 30 (or are in that group yourself), you may have heard of the most popular app in America’s youth culture – TikTok. The short-video creation and sharing app has rapidly become one of the most downloaded apps in the world, surpassing 2 billion downloads as of April 2020. Its growth has accelerated since the beginning of the year, especially taking off among teens stuck at home during the lockdowns due to the coronavirus pandemic. The app’s users are predominately young, with over 63% of users falling between the ages of 10 and 29 and 37% of the app’s US user base being categorized as ‘adolescent’. If you’ve heard about TikTok recently, it is likely either because you have seen some of the viral challenges or dances that have been going around the internet or you have read the breathless coverage surrounding the possibility that the Trump administration may ban the app in the US. I am no fan of the Trump administration, but in this case, I believe that they are fully justified in banning TikTok outright.