Late on March 23rd, TikTok CEO Shouzi Chew was subjected to tough questioning by U.S. politicians at a hearing held by the U.S. House of Representatives Energy and Commerce Committee.After the hearing, which lasted more than five hours, Chew released an internal letter within TikTok describing the hearing. In the letter, he described the hearing as "challenging" and "did not leave much room for factual clarification.” The hearing was not only observed in the technology circle, but Chew's calmness and poise made the hearing attract the attention of more netizens. Before heading into this career test, Chew has already gone through several rounds of tests concerning his personal fate.I. From investor to manager"My name is Shouzi Chew and I was born in Singapore. I ser

By now everyone interested in the latest development on Tiktok would have learnt about its CEO Mr Chew Shou Zi ‘s lost cause testification before the US Congress - Energy and Commerce Committee on Thu, 24 Mar 2023. Watching the “painful” interrogation session, it showed the world, the officials in the Committee who presided over the questioning are clearly unfit, based on their conduct, “colonial behaviour” throughout and the due respect accorded. Definitely not first world. With a growing “concern” over the app’s threat to US national security picking up pace, an outright ban seems inevitable. Beneficiaries From The Ban US social media apps that stands to benefit : $Meta Platforms, Inc.(META)$ - Instagram

TikTok has been in the spotlight lately amidst growing worries that the immensely popular short-form video app may be banned in US. Already the app has been facing mounting restrictions on its usage on government devices in an increasing number of countries citing security threats that the humongous amount of data that it collects may by misused for intelligence-gathering activities. TikTok has long denied such allegations, but that has not alleviated the concerns. However, I believe that a widespread ban on TikTok is unlikely to happen anytime soon, not least because it will face intense legal challenges on First Amendment that protects freedom of expression by Americans. Blocking a popular app among young users could create a political backlash too. Furthermore, all social media platform

After  spending five hours defending TikTok platform in front of the House Energy and Commerce Committee, fan edits have declared him “TikTok daddy” and “the finest ceo of our generation.”The irony is TikTok Daddy couldn't allay Committee' concerns. Meta,  Snap and even Alphabet with their short video format sharing platforms will benefit from TikTok ban if it happens. Users will go to where content creators go and advertisers will follow.  

Meta benefits most from TikTok ban up by 130%from lows of $80$Meta Platforms, Inc.(META)$  Facebook, now known as Meta, has been one of the most successful companies in the technology industry, with its flagship product Facebook being one of the most widely used social media platforms in the world. With the recent ban of TikTok in several countries, many investors and financial experts are considering the potential impact on the stock market, and specifically on the stock of Meta. There are several reasons why Meta could benefit from the ban of TikTok. Firstly, TikTok has been one of the main competitors of Facebook and its subsidiary Instagram in the social media market, especially among younger generations. With t

Introduction TikTok is a Chinese social media app that has become wildly popular in the United States and other countries. The app allows users to create short-form videos and share them with their followers. However, recent developments have raised questions about the future of TikTok in the United States. The Biden administration has demanded that TikTok's Chinese owners sell their stakes in the video-sharing app or face a possible US ban of the app. This has left many wondering about the potential outcomes for TikTok and the companies that could stand to gain in different scenarios. In this article, we will explore the three possible scenarios for TikTok and how the companies and competitors mentioned below stand to gain in each scenario. We will also examine whether other companies in

After TikTok CEO Shou Zi Chew was grilled by the House Energy and Commerce Committee on Thursday, the platform's users shared their support the way they know best — through thirsty fan edits. Several representatives brought up complaints from their constituents bemoaning TikTok’s negative influence, but Chew insisted most users have positive experiences on the app. Users made videos affirming this and criticizing lawmakers for their lack of tech literacy and unfair questioning.

TikTok users will vote against Biden. Republicans will be happy

What's going on here

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With the ban on tiktok, can see that other competitors get to benefit, especially snap. 

Tik tok isn't that great anyway lol

US influencers will be very sad

Companies like Meta, Snap & YouTube's parent company Alphabet would benefit if such a ban on TikTok was in place. These digital media companies had a tough time in 2022 as digital advertising spending was cut, impacting their revenues. Social media apps like Facebook, Instagram, Snapchat, and YouTube have been losing market share to TikTok. In 2021, TikTok topped a billion monthly users. An August Pew Research Center survey found that 67% of teens in the U.S. use TikTok, and 16% said they are on it almost constantly. According to Insider Intelligence, TikTok controls 2.3% of the worldwide digital ad market, putting it behind only Google (including YouTube), Facebook (including Instagram), Amazon and Alibaba