DP #25: TikTok- Social Media's New King

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Danso Financial Podcast

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TikTok has become the social media platform to go to this year as the social network for sharing user-generated videos, mostly of people lip-synching to popular songs. Users can also create and upload their own videos where they lip-synch, sing, dance, or just talk, as well as browsing and interacting with other users' content, which covers a wide range of topics, songs, and style.  "The New King of Social media" has even gotten the attention of the White House when President Donald Trump announced a ban of the social platform by stating he would give a deadline until September 15 for a U.S company to purchase Tik-Tok or it will be banned from the United States. This announcement caught the attention of almost every single big technology and Investment firm both in the United States and China where TikTok's parent company is based.   This Episode gives a breakdown of the U.S based companies interested in acquiring TikTok and for what purpose. A breakdown is provided, regarding the recent news surrounding the acquisition of TikTok with China's new rules which appears to have complicated efforts to sell TikTok to an American company (CNN) by introducing new rules that could allow Beijing to veto any potential deal.  For our full list of Episodes follow us at: Spotify: https://open.spotify.com/show/5tNTbXsY64OYBXZVl7FbRr Apple Podcast: https://podcasts.apple.com/us/podcast/danso-pitch/id1438666264 YouTube: https://www.youtube.com/channel/UCjiAxbcZn2PcW2qztB37zrg?view_as=subscriber Instagram: https://www.instagram.com/dansopitch/ Photo Cred: Al Drago  --- Support this podcast: https://anchor.fm/danso-financial-group-llc/support