The statistics tell the story: a billion users now spend on average 52 minutes a day scrolling through addictive content hosted by a company more valuable than Coca-Cola.
TikTok, the $200 billion app that began in 2017 by fusing videos with lip-syncing teens, is now the world’s most valuable start-up and fast becoming its most scrutinised digital empire.
TikTok now has a billion usersCredit:AP
On Thursday, Mathias Dopfner, the chief executive of global publishing giant Axel Springer, called for the Chinese-owned app to be banned by all democratic governments.
“It is, of course, a tool of espionage … And I think that we should just have this kind of self-respect, and that is why I concretely think TikTok should be banned in every democracy,” he said. “I just think that it is insane not to do that.”