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- 💥 TikTok vs the US (and the world)
💥 TikTok vs the US (and the world)
Plus: Twitch downturn, Twitter's Verified Organizations
Happy Friday y’all 🤙
The headline for this week is the TikTok hearing in the US!
I think it only makes sense that we take a closer look at WTF is happening (yes, it will probably affect most of us creators and marketers 👀)
Let’s see what’s going on 👇
1/ TikTok vs. the US government
Shou Zi Chew, CEO of TikTok
Shou Zi Chew, the CEO of TikTok testified before the US congress yesterday in a 5-hour grilling session.
@tiktok Our CEO, Shou Chew, shares a special message on behalf of the entire TikTok team to thank our community of 150 million Americans ahead of ... See more
If you’ve followed our last issues, you are probably aware that the world governments are banning TikTok left and right 🤦♂️
Judging by how the last time Congress grilled tech executives on the effects of social media, we have a pretty good idea of how this one’s gonna go as well.
Here are some highlights 👇
Congress asked TikTok's CEO if he'd be willing to divest from Chinese ownership.
His incredibly fair, savage answer?
"American social companies don't have a good track record with data privacy and user security. I mean, look at Facebook and Cambridge Analytica."
— Jack Appleby (@jappleby)
5:34 PM • Mar 23, 2023
Does TikTok access the WiFi network? 🤦♂️
Rep. Richard Hudson (R-NC) asks TikTok CEO Shou Chew: "Does TikTok access the home WiFi network?" trib.al/LXt3GbT
— Bloomberg (@business)
2:57 PM • Mar 23, 2023
Showing meme posts during the hearing 🤣
@motherboardvice You can tell things are going well at the #tiktokhearing when the poster board comes out.
✍️ Summing it up
With 150 million monthly active users in the US (yes, that’s ½ of the population), I can already hear the collective cries of the Gen Z population if this ban goes through.
While I may be biased because I run a Social Media product and a short-form video agency (please let me keep my jobs), I’m hoping for a resolution that doesn’t flat out destroy a part of the social media marketing industry.
Hey, who knows? We’ll probably survive either way 🤷♀️
Here’s a good recap of the hearing from the News Girl 👇
@lisaremillard #tiktokban #tiktokhearing #shouchew Recap of today’s 4 hour TikTok House hearing. This video includes several soundbites from lawmakers an... See more
🗞 News
Twitch lays off 400 employees, defends controversial 50/50 sub split
"...at the end of the day, we are committed to increasing the amount of money a streamer earns.”
Twitch executives discussed the change to a 50/50 sub split on the platform
— Dexerto (@Dexerto)
10:01 PM • Mar 21, 2023
Twitter rolls out Organizations subscription, at $1000 a month 📍
Twitter’s NEW Verified Organizations subscription
Everything you need to know… 👇
Spoiler. It’s $1,000 per month!
— Matt Navarra (@MattNavarra)
9:49 AM • Mar 23, 2023
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📸 Video of the day
Taylor Swift is on tour, and will likely consume my FYP for the rest of the week
Taylor Swift is performing “Enchanted” #TSTheErasTour
— Taylor Swift Facts (@blessedswifty)
4:23 AM • Mar 18, 2023
😘
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