What TikTok Got Wrong About America
Perhaps nothing could have saved TikTok from the recently enacted US law requiring that it be sold to a non-Chinese owner or be banned outright. But one thing is certain: the company’s aggressive lobbying strategy ultimately did more harm than good.
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CHICAGO – TikTok is now one of the biggest stories in business and geopolitics. US President Joe Biden has just signed a law that will ban the massively popular app in nine months if its Chinese owner, ByteDance, does not sell it to a non-Chinese entity.