"President Donald Trump has posted on his social media site that a meeting between the U.S. and Chinese officials went well and that a deal was reached regarding "a 'certain' company that young people in our Country very much wanted to save." Trump's comment suggests that the company is TikTok, the social media company associated with China that U.S. law requires to be sold or else cease operations."
"TikTok is one of more than 100 apps developed in the past decade by ByteDance, a technology firm founded in 2012 by Chinese entrepreneur Zhang Yiming and headquartered in Beijing's northwestern Haidian district. In 2016, ByteDance launched a short-form video platform called Douyin in China and followed up with an international version called TikTok. It then bought Musical.ly, a lip-syncing platform popular with teens in the U.S. and Europe, and combined it with TikTok while keeping the app separate from Douyin."
"Unlike other social media platforms that focused on cultivating connections among users, TikTok tailored content to people's interests. The often silly videos and music clips content creators posted gave TikTok an image as a sunny corner of the internet where users could find fun and a sense of authenticity. Finding an audience on the platform helped launch the careers of music artists like Lil Nas X."
President Donald Trump posted that a U.S.-China meeting went well and said a deal was reached regarding "a 'certain' company" widely understood to be TikTok. U.S. law has required TikTok to be sold or cease operations, and the president has repeatedly extended the deadline while remaining noncommittal to reporters. Trump said he would speak with Chinese leader Xi Jinping; there was no immediate confirmation from China. TikTok was developed by ByteDance, founded in 2012 by Zhang Yiming, which launched Douyin in China and an international TikTok, later combining Musical.ly into TikTok while keeping Douyin separate. TikTok used an interest-tailored short-video algorithm, became hugely popular in the West, helped launch artists like Lil Nas X, and gained traction during COVID-19 shutdowns.
Read at abc7.com
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