The fate of TikTok seems to be sealed for the moment. The Biden administration firmly announced the social media giant would have to look to the Trump administration for help after tomorrow’s ban likely will see the app go dark.
State media hailed RedNote's success among American "TikTok refugees" as a repudiation of U.S. government "demonizing" of China's development.
The influx of more than 700,000 new users has been driven by a looming U.S. ban on TikTok, used by 170 million Americans, on national security concerns.
RedNote, known as Xiaohongshu in China, is owned by a Shanghai-based company and raises similar questions as TikTok.
If lawmakers continue to prioritize politically expedient anti-China bans, then they will fail to convince the public they are acting in its best interests.
Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.
A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple and Google.
Trump has said he has a "warm spot" for the app, a distinct change of heart after his first administration first called for a ban on TikTok.
BuzzFeed on MSN3d
Americans Are Scrambling To China's RedNote As TikTok Faces The Axe, And The Cultures Are Colliding In Unexpected — And HILARIOUS — WaysThis looming TikTok ban has over 170 million US TikTok users (who have named themselves "TikTok Refugees") scrambling for a replacement app. And that's what these users have seemingly found in Xiaohongshu or RedNote — a Chinese-owned social media app that has already risen to #1 on the US App Store.
Chinese President Xi Jinping and U.S. President-elect Donald Trump held their first phone talks in four years Friday. According to Trump, he spoke with Xi about TikTok, just hours before the Supreme upheld a law set to ban the social media platform in the United States in less than 48 hours.
· 1d · on MSN
Trump, China's Xi hold call on TikTok, trade, Taiwan
In a first, China will send vice president to Trump’s inauguration
Beijing is taking a two-pronged approach to the incoming president: trying to sweeten up Trump while also signaling it is ready to fight efforts to constrain it.
· 1d · on MSN
Trump, China’s Xi Speak Ahead of Inauguration
TikTok arrived in the U.S. almost 6 1/2 years ago. The possibility the U.S. would outlaw the video-sharing app has kept influencers and users in anxious limbo for more than four of the years since
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