Bloomberg Radio: 06/10/2021
SocialFlow CEO, Jim Anderson, joined in conversation with Bloomberg Radio to discuss the Biden administration’s decision to revoke the Trump-era bans on TikTok and WeChat, and what it signifies for U.S-China relations.
He points out that TikTok has a competitive edge in the market, especially with its popularity amongst the younger generation. The future of TikTok will depend on if the Chinese government will want to “harvest the economic value or use it to make a political point.” Jim states.
As for now, the existence of a huge Chinese company owing large amounts of U.S data will continue to influence conversations about anti-trust and privacy issues.