TikTok: Difference between revisions

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April 5, 2023. Piper Sandler Spring 2023 survey of Gen Z in U.S shows that TikTok declined as a favorite social media platform. TikTok's market share dropped to 37% from 38% in Fall 2022. It was followed by SNAP whose market share fell to 27% from 30% in Fall 2022. Third was Instagram whose market share grew to 23% from 20% in  Fall 2022. The report notes that U.S teens are not much interested Virtual Reality as only 14% of those who own it(29%) use it weekly. Piper Sandler report surveyed 5,690 U.S. Teens<ref>https://www.pipersandler.com/news/piper-sandler-completes-45th-semi-annual-generation-z-survey-5690-us-teens<nowiki/>(spring 2023)
https://www.pipersandler.com/news/piper-sandler-completes-44th-semi-annual-generation-z-survey-14500-us-teens<nowiki/>(Fall 2022)</ref>.
On March 23, 2023, TikTok CEO Shou Zi Chew was a witnessed in a full committee congress hearing titled, “TikTok: How Congress Can Safeguard American Data Privacy and Protect Children from Online Harms."<ref>https://www.google.com/search?q=Tiktok+testifies+at+the+congress&rlz=1C1JJTC_enKE1005KE1005&oq=Tiktok+testifies+at+the+congress&aqs=chrome..69i57j0i22i30j0i390i650.15984j0j7&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:a723d2b4,vid:_E-4jtTFsO4</ref> We noticed that the congress was bi-partisan in grilling the CEO with most questions being suggestions and statements. In fact, in several occassions, Mr. Chew wasn't given time to answer the questions. We believe that the hearing raises the odds of a U.S ban of TikTok given that;
On March 23, 2023, TikTok CEO Shou Zi Chew was a witnessed in a full committee congress hearing titled, “TikTok: How Congress Can Safeguard American Data Privacy and Protect Children from Online Harms."<ref>https://www.google.com/search?q=Tiktok+testifies+at+the+congress&rlz=1C1JJTC_enKE1005KE1005&oq=Tiktok+testifies+at+the+congress&aqs=chrome..69i57j0i22i30j0i390i650.15984j0j7&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:a723d2b4,vid:_E-4jtTFsO4</ref> We noticed that the congress was bi-partisan in grilling the CEO with most questions being suggestions and statements. In fact, in several occassions, Mr. Chew wasn't given time to answer the questions. We believe that the hearing raises the odds of a U.S ban of TikTok given that;