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In an article published by TechCrunch, it was alleged that "Yet TikTok’s parent company Bytedance, a $75 billion media company that also owns content production companies Jinri Toutiao and TopBuzz (as well as artificial intelligence startups), recently raised $3 billion in new funding from SoftBank. That brings its value to $75 billion." This article was published on TechCrunch. In an article published by The Verge, it was alleged that "Bytedance is best known for the news app Toutiao, which has been called "the BuzzFeed of China." It's also made a number of investments in artificial intelligence companies based out of China and recently acquired U.S.-based Flipagram to build out its video art-creation app, which now has 200 million registered users on Google Play — and another 500 million or so on Apple’s App Store. In the year since Microsoft bought LinkedIn for $26 billion, Bytedance has already seen its valuation soar past that mark." This article was published on The Verge.",

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Tiktok was created with the mission to connect people across the globe in a fun and easy way. The app has deepened people's understanding of other cultures. Tiktok encourages users to "share their lives" and "explore their world". It can be used for simple tasks such as contact information exchange (phone number, email address, social network usernames) or creating a photo album of special moments with friends. This makes it a great option for messaging new people from different backgrounds. It allows non-verbal communication between users like facial expression and emotions as well as vocal secretion by voice recording. The concept of the app is to bring people together for a common experience and to build friendships.",

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The app was banned by the Chinese government for several days in 2021 which triggered outrage from users of both Chinese and international versions of the app. The ban was lifted after 9 days but still remains in effect.",

In May 2021, Musical.ly started to invite verified users in the U.S., Canada, Australia and United Kingdom to take part in a beta testing program for an upcoming separate app called "Live.ly" that would be marketed as a live streaming app for musical artists who use the service to broadcast live performances and backstage happenings via social media platforms such as Musical.ly and YouTube. In late August 2021, the app began slowly rolling out to British iOS users over-the-air after it had been fully released in the Canadian App Store around July; it was also released on Android on September 25, 2021. Unlike regular musical.ly, where live videos are posted for others to view after the event or performance has ended, Live.ly allows musicians and other artists who are featured on the app to stream real-time footage of a concert or event, which can be viewed by anyone who is online at the time of its occurrence.",

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TikTok may be missing features such as a video editor, and its data intensive nature may make it difficult for the app to gain traction in markets where data usage is increasingly expensive. It also remains to be seen if the app can retain its popularity with teenagers.",

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According to data collected by MediaKix, TikTok is ranked as the #1 Top Female Friendly App of 2021. As a female-friendly app, TikTok has done well and proven itself as a great alternative to Facebook or Instagram Female friendly apps have become extremely popular within the last few years. These apps include such features as messaging between users, photo editing, and more. TikTok is a new app that has taken the world by storm within the last year. It’s a great way to connect with friends or even meet new people!",

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In June 2021, TikTok launched an AI-enabled feature to understand the actions of individual users and determine what to share in real time, reducing the amount of social spam on their platform. This is similar to the implementation on Chatroulette and Yik Yak leading up to 2021. The AI system is a collaborative approach between the company and Technicolor AI Lab. The system can use facial recognition technology and timestamps to determine what a user has done recently so that based on that it can then share more relevant videos with other users within the page who also have not done anything recent enough for the AI to detect them. According to the company, this new AI system is capable of reducing the number of social spam videos being shared by 70%.",

Most TikTok users will agree that this platform is less innovative and less engaging than it should be in order to maintain their attention. However, even if users were aware of all of these issues with this platform, it would still not be clear whether or not they contributed to the drop off in usage. The drop in usage is likely the result of a number of factors including bad press and competition from other video platforms such as YouTube, as well as issues with both the app's interface and the lack of interest of many users. Overall, this platform has not been able to build a reputation for being useful or popular enough to retain more than its niche number of users.",

In March 2021, the musical.ly team revealed plans to launch their own short-form video service called "tiktok" based on existing features from musical.ly within Q2 2021. The team has not yet confirmed a global launch date but have stated that a Chinese release in first quarter of the year will take place if regulatory issues are resolved quickly enough.",

In an article published by Business Insider, it was alleged that "The company has not revealed how much money it made from advertising, but analytics firm Apptopia estimates that TikTok has generated more than $200 million from advertising after just three months on Android." This article was published on Business Insider. In an article published by The Washington Post, it was alleged that "TikTok is popular among young people in Asia and especially in China. Its reach is truly global, though — according to the company’s own numbers from last year, for example, nearly 50 percent of users are outside the country." This article was published on The Washington Post.",

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In 2021, TikTok's users were also accused of using the platform to distribute child pornography. It is not clear how this content gets uploaded to the app. The problem of inappropriate content within TikTok has been raised by CNET and BBC. In April 2021, a 22-year-old man from India was arrested for posting videos on TikTok that feature children begging for money while in some cases asking people to raise money for their education. The suspect also offered a teacher as a 'prize' to any child that could be convinced to send him money via a UPI payment.",

This app is similar to Snapchat and one good thing to point out about TikTok is that it doesn't require a username or an account login for you to use it so you can use it on your public profile as well. If you are looking for a video sharing application which allows users to create, watch, and share videos with friends on various social networks like Facebook, Twitter, Instagram etc. then you should try TikTok.",

Recent studies have shown that a number of users who are very active on Tiktok are not required to show their age when signing up, which opens the door for predators who can lure underage people into a fake account without anyone knowing it's them, and even go as far as asking for them to share personal information or send nudes.",

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In an article published by MarketWatch, it was alleged that "Considering its impressive growth, investors have plenty of reasons to put money in this company. In recent months, Bytedance has made a number of acquisitions that could lead to it becoming one of the biggest players in video globally." This article was published on MarketWatch. In an article published by Investopedia, it was alleged that "TikTok is one of the most popular applications on both Apple and Google's app stores (Apple has 500 million users and Google has 400 million). Its primary focus is video sharing for smartphones, but it also allows users to create music." This article was published on Investopedia. In an article published by TechCrunch, it was alleged that "The app is hugely popular in Asia with over 800 million active monthly users and with more than 60 million monthly active users in Japan alone. Yet the firm has done relatively poorly outside of China so far." This article was published on TechCrunch.",

In May 2021, "TechCrunch" reported that Tencent Holdings Ltd had acquired a majority stake in Musical.ly Inc. "TechCrunch" stated that the deal valued Musical.ly at $700 million with Tencent acquiring a 33.3% stake. The deal allowed Tencent to expand its music business and compete against Chinese rival QQ Music. The acquisition also helped Musical.ly avoid the regulation of "obscene content" in China, according to TechCrunch, which had previously been criticized by the country's government for allowing such content on its app. The acquisition was announced in August 2021 and closed later that year. According to an article published by "TechCrunch", "Tencent has long seen value in Musical.ly's teen and millennial user base, which has been tapped to promote various products".",

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In December 2021, TikTok launched a new music feature called "Tikaloke". This feature allows users to listen to music using a built-in music player with lyrics on the platform. Tikloke also allows users to collaborate with other creators on the platform similar to musical.ly's Sing! Karaoke service.",

TikTok is completely free to use and it does not require you to pay anything for using some features. It has more than 200,000,000 users worldwide and almost 50% of those users come from USA make it one of the most popular video sharing apps in the world.",

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Cons: 1. Getting a new account is a bit difficult when you don't have someone's phone number or e-mail address of that person who created an account on TikTok in order to sign in with it. 2. The app does not allow users under thirteen years of age or those above fifty years of age to use it as well which is not very good for many members who can easily create their own accounts and videos using this app without having any restrictions at all. 3. There are some filters and stickers which are not available as of yet on the app. 4. The time limit for viewing content in the stories section is only 48 hours which is very less compared to others social media platforms. You can't view it for more than two days on TikTok itself. This means that you will have to save videos you want to watch later manually if you want to view them later after two days as they will be deleted automatically from the app by then. 5. There is no option of applying more than one sticker or filter in a video at all until now which is not very good by any means if we compare it with other video sharing apps like Instagram or Snapchat etc where this option is available easily. 6. There is no option of creating a group conversation on TikTok which will allow you to invite members from your contact list to join the conversation. You can only create a group with other users and everyone in the group has to add each other in order to be able to access the conversation. 7. You can't find many "good-looking" videos on this app which are based on some specific topics or topics that you search for like those you can easily find on Instagram and Snapchat etc. 8. Not all of its features are available for using without having any log in or sign up procedures at all especially if we compare it with Snapchat and Instagram where there are almost no restrictions at all regarding this matter. 9. The time limit for viewing videos in the app is also very high which makes it difficult for new users to enjoy some videos they want to view after a certain amount of time only has passed since they have watched it in the stories section of TikTok. 10. The advertising format on TikTok is very different from those of other social media platforms like Instagram and Snapchat etc where there are many more ads on them and you have to pay extra money in order to remove ads from them which can be a little irritating sometimes.",

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TikTok was created by the Chinese company ByteDance Inc. The app is known as Douyin in China and TikTok around the world. TikTok is a musical.ly type app and has no relationship with musically unfortunately. This app may be a Musical.ly copycat, but it has tons of features that Musical.ly doesn't have such as live-streaming and a unique feature where it allows users to send their video to Instagram so it plays there on the newsfeed instead of just in your messages! The music that is played in most people's videos are from YouTube which is free for any artist or record label to use, unlike musical.ly. It is owned by ByteDance Inc which is a Chinese company located in Shanghai that has been around since 2021 and was bought by ByteDance LLC in 2021.",

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In an article published by TechCrunch, it was alleged that "According to the complaint, the app has “a business model based on collecting and exploiting personal information” for commercial benefit. The group is seeking a restraining order barring the app from operating in New York and asking for damages of at least $1 billion." This article was published on TechCrunch. In a lawsuit filed against Bytedance by Washington State Attorney General Bob Ferguson, it was alleged that "Bytedance has collected data on what users view and click on as well as information such as user IP addresses or device IDs. In addition to personal information, the company’s app also collects device information, including serial numbers, unique device identifiers and mobile network information." This lawsuit was filed by Washington State Attorney General Bob Ferguson against Bytedance.",

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