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Facebook doesn't own TikTok
- Facebook doesn't own TikTok. While Facebook is a U.S. company, TikTok is a Chinese company. Like U.S. tech and social media companies, Chinese tech companies have been facing regulatory scrutiny.
marketrealist.com/p/does-facebook-own-tiktok/
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Oct 5, 2021 · Video-sharing site TikTok is owned by a Chinese company, ByteDance. It is an international version of the Chinese site Douyin, which was released to the Chinese market in 2016.
Oct 5, 2021 · Facebook doesn't own TikTok, and considering the regulatory heat in the social media industry, it might never. It already owns WhatsApp and Instagram, as well as Oculus VR, which it...
Aug 5, 2020 · Most evidence points to TikTok's data collection being comparable to other data-hungry social networks such as Facebook.
Although the size of its user base falls short of that of Facebook, Instagram, or YouTube, TikTok reached 1 billion active monthly users faster than any of them. [76] Competition from TikTok prompted Instagram, which is owned by Facebook, to spend $120 million as of 2022 to entice more content creators to its Reels service, although engagement ...
Aug 30, 2022 · Facebook is figuring out what Gen Z wants from social media, changing the Facebook and Instagram news feeds to look more like TikTok, leveraging AI, finding a balance between algorithm ...
- Nilay Patel
Jun 15, 2022 · The proof is in the numbers: TikTok, which is owned by the private Chinese tech conglomerate ByteDance, has been downloaded a whopping 3.6 billion times, according to the mobile app research firm...
Mar 14, 2024 · A TikTok spokesperson told PolitiFact that 60% of its parent company ByteDance Ltd. is owned by global investors, 20% by its co-founders and 20% by employees, including thousands of Americans....