*Company that owns TikTok appeals to First Amendment of the constitution in view of the risks of prohibition
*Experts says TikTok ban attempts is due to Facebook's falling popularity
*TikTok price is estimated to be around $35 billion without the addictive algorithm
*Possible closure of TikTok would affect some 170 million users
*Experts says TikTok ban attempts is due to Facebook's falling popularity
*TikTok price is estimated to be around $35 billion without the addictive algorithm
*Possible closure of TikTok would affect some 170 million users
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NewsTranscript
00:00Also in the U.S., President Joe Biden signed a law in April that would block TikTok in
00:05the country under accusations of espionage, but the owners of the well-known app filed
00:10a legal dispute that is about to come to an end.
00:12Our correspondent Henrique Cabello with the details.
00:17The countdown to the U.S. ban on the TikTok platform is already underway.
00:22The reasons?
00:23An apparent danger to national security.
00:29Some Republican members have joined that Democrat effort to somehow, number one, shut
00:34down the platform or eliminate it entirely from the United States of America, or number
00:39two, force its owners to sell it and have it bought out, to be bought by purely American
00:43capital.
00:46However, the strategy of the company ByteDance, owner of TikTok with Chinese shares, would
00:54be to appeal to the First Amendment of the U.S. Constitution, that is, to the right of
00:59its citizens to free speech, something that users of this platform believe would be hindering
01:04them from being eliminated.
01:09In the sense of watching, of seeing the news, which is what is trending, well, one says
01:14they are restricting my freedom, my freedom to communicate, my freedom to inform myself.
01:24According to experts, behind the attempted elimination or sale of TikTok would be the
01:28fall in popularity of Facebook, since, according to a report by We Are Social, this application
01:34would have had a loss of users of 89 million accounts in the last year and Instagram of
01:39about 54 million, respectively.
01:45Obviously, TikTok's booty is very appetizing.
01:50We are talking about a company that has grown a lot in just a few years, becoming the preferred
01:54platform of the young Generation Z, and also of some millennials.
02:00In fact, it has replaced in that demographic sector the Instagram platform that belongs
02:05to Zuckerberg, the owner of Meta.
02:13The company ByteDance, owner of TikTok, has said that if it were to sell the application,
02:19it would be without the ultra-addictive algorithm, which makes young people not stop using the
02:23app under these conditions.
02:25It is estimated that the price of TikTok would be around $35 billion.
02:29However, Mark Zuckerberg would not be able to participate in the purchase of TikTok due
02:34to a conflict of interest.
02:38At the end of the day, what they want is control and power.
02:47And if they manage to eliminate TikTok, and if they manage to acquire TikTok, literally
02:52confiscated from its legitimate and original owners, they will be getting away with it.
02:58The possible closure of TikTok would affect some 170 million users, many of whom generate
03:06their livelihoods through the app.
03:08The Supreme Court is expected to issue a final decision on January 19.