Why Trumps TikTok ban has Facebook worried

On August 2nd of last year, TikTok celebrated its first birthday. To mark the occasion, I wrote about the four biggest risks facing the company. One was finding new customers. Two was continuing to develop compelling new features. Three was attracting top influencers. And four was managing its relationship with regulators.

The big news over the past few weeks has been that TikTok, due to reasons largely outside its control, ultimately failed at the fourth task. President Trump has ordered that the Chinese company ByteDance divest TikTok, transferring all of its assets to an American company. And on Monday, TikTok sued the Trump administration. Here are Mike Isaac and Ana Swanson in the New York Times:

TikTok sued the U.S. government on...

Continue reading…