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TikTok hits 1.5B downloads, outperforming Instagram

(www.businessinsider.com)
298 points elorant | 1 comments | 19 Nov 19 14:09 UTC | HN request time: 0.218s | source
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m12k ◴[19 Nov 19 15:00 UTC] No.21573454[source]▶
"It is the third most-downloaded app outside of gaming this year. Numbers one and two are WhatsApp and Messenger, while four and five are the Facebook app and Instagram."

Facebook owns 4/5 of the most downloaded apps - just let that sink in for a minute. This space needs competition pretty badly.

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1. baron_harkonnen ◴[19 Nov 19 21:51 UTC] No.21578683[source]▶
At lot of comments in these threads fear-mongering about China, but if it weren't for a powerful government asserting that FB, etc cannot acquire ByteDance and the like, then 5/5 would be FB owned. This space only has competition because China aggressively enforces it.

The US government is basically run from corporate interest, which has served people well for 50 years when things are good. But those corporations have no loyalty to the US. As political and economics interests shift, expect those large corporations to follow there own interests, not those of any nation.

The Chinese government, for all of its many faults, is making sure that Chinese corporations serve the interest of China. Corporations currently located in the US no longer even pay lip service to being interested in supporting the people of United States.