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Rising calls to ban TikTok in the US are great news for homegrown tech giants like Facebook that would prefer less competition and regulatory scrutiny

29 days ago   |   By Business Insider

The US government is considering banning TikTok as nationalist "security" concerns about the Chinese app grow.
That's great news for American tech companies like Facebook.
In recent years, there has been increased political and regulatory scrutiny of the American tech giants.
But the companies are able to leverage concerns about foreign tech's influence to ward off unwanted regulation.
In 2019, Facebook CEO Mark Zuckerberg argued that "the future of the global internet" is at stake.
On Friday, Amazon informed employees that buzzy app TikTok is a security risk and they needed to delete it...
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