To curb the growth of TikTok, Facebook released Lasso, a similar app targeted also at the youth market. Lasso failed miserably: it was installed only 425,000 times between November 2018 and October 2019, compared with TikTok’s 640 million times. Photo: Reuters
Opinion
Opinion
Facebook vs TikTok: How the US is struggling to contain the outbreak of a viral Chinese app
- TikTok’s growing popularity has sparked panic among Western companies and government policymakers
- While Facebook CEO Mark Zuckerberg’s concerns about censorship on TikTok may be legitimate, they could also be a tactic to undermine a competitor
To curb the growth of TikTok, Facebook released Lasso, a similar app targeted also at the youth market. Lasso failed miserably: it was installed only 425,000 times between November 2018 and October 2019, compared with TikTok’s 640 million times. Photo: Reuters