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In an article published by The New York Times, it was alleged that "A classaction lawsuit filed against the app in January alleges that it discriminates against users based on ethnicity and gender, charges which TikTok denies." This article was published on The New York Times. In an article published by TechCrunch, it was alleged that "The Chinese social media giant announced the sale of 1.3 billion in shares to investors including the sovereign wealth fund China Life. This comes a little over a month after it went public in the U.S., raising 1 billion at a valuation of 25 billion." This article was published on TechCrunch.",

On April 4, 2019, Tencent announced that it purchased the app for 1 billion and would merge it into their own platform, Kuaishou. The company was sued for copyright infringement and unlawful reproduction of musical works by Viacom, Inc. on November 23, 2015. Viacom claimed that the users of the app have illegally uploaded and reproduced more than 10,000 pieces of content owned by Viacom under the U.S. Copyright Act, Digital Millennium Copyright Act DMCA, California Penal Code Section 502, and the California Uniform Trade Secrets Act CUTSA. The lawsuit claimed that about 150 user accounts are registered with every second for which at least 20 million videos are being uploaded per day. Users were required to give the app their name, email addresspassword and a phone number.",

In an article published by TechCrunch, it was alleged that "Yet TikToks parent company Bytedance, a 75 billion media company that also owns content production companies Jinri Toutiao and TopBuzz as well as artificial intelligence startups, recently raised 3 billion in new funding from SoftBank. That brings its value to 75 billion." This article was published on TechCrunch. In an article published by The Verge, it was alleged that "Bytedance is best known for the news app Toutiao, which has been called "the BuzzFeed of China." It's also made a number of investments in artificial intelligence companies based out of China and recently acquired U.S.based Flipagram to build out its video artcreation app, which now has 200 million registered users on Google Play and another 500 million or so on Apples App Store. In the year since Microsoft bought LinkedIn for 26 billion, Bytedance has already seen its valuation soar past that mark." This article was published on The Verge.",

The app has been criticised for not doing enough to protect children from being exposed to inappropriate content. In response to this, the app has invested in hiring children's content experts who watch and review all content that is uploaded to the platform by users. TikTok states that they will also use artificial intelligence to monitor what its users are doing on the platform.",

It isnt clear if Toutiao can maintain its pace of growth, even with a major acquisition like TikTok under its belt. While Toutiao is topofmind when discussing viral news feeds, it remains a relatively niche product at least compared to WeChat and other messaging apps run by Tencent.",

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