“We don’t want to turn all around and make lots of billionaires all the more rich,” Manassero mentioned. “I might honestly instead the application get shut down than be owned by Elon Musk.”
ByteDance has vowed to not market TikTok and stated it prepared to shut US functions of your application on Sunday unless There exists a reprieve.
RedNote, typically called a mix of Instagram and Pinterest with an additional emphasis on community interaction, became a surprising haven for displaced TikTok end users.
TikTok reported in a press release Friday it "are going to be forced to go dark" on Jan. 19 Unless of course the Biden administration offers much more definitive assurances in advance from the scheduled ban.
Lest It isn't distinct, I don’t Feel TikTok ought to be banned. I do think the issues exacerbated by TikTok are precisely the same complications exacerbated by algorithmically powered social networking in general.
Just one selection for people who have attempted every thing but nonetheless cannot reduce their blood pressure FDA OKs gross sales of Zyn nicotine pouches, citing overall health Gains TikTok Refugee for adult smokers Surprise discovering sheds mild on what causes Huntington's disorder, a devastating fatal Mind problem As much as 4 in ten people today could produce dementia following 55.
Faucet here to abide by That has sparked the mass migration to RedNote, or Xiaohongshu, with that ban coming into drive in beneath every week.
RedNote retailers its buyers’ private details in China, in compliance with the region’s data safety and cyber-safety legal guidelines and various regulatory policies.
In Friday's statement, TikTok attempted to tension the Biden administration into delivering additional element within the outgoing president's plans for the scheduled ban.
Even though application entry were being no more a possibility, TikTok would nonetheless be obtainable far more broadly. It is actually currently, and would nevertheless be, obtainable from browsers, whether or not on the cellphone or possibly a laptop computer.
But RedNote isn't the only alternative System customers are migrating to. Another is Lemon8, also owned by ByteDance, which expenses alone to be a “Way of life Group”.
In the summertime, Xiaohongshu was valued at $17bn inside a secondary share sale by which venture funds company DST World-wide purchased shares from current traders.
Top rated-tier tickets to a VIP reception hosted by David Sacks include an invite for just a date While using the president.
Xiaohongshu was Launched in 2013 and is a Life style System "where by in excess of 300 million people every month share their lifetime experiences," according to a description on Apple's application keep.