Despite this aura of levity that the general population has of the app, this rise has always been closely eyed by U.S. lawmakers. The main issue for officials is the massive amount of data on the U.S. population that the app has stored, and whose hands this data might fall into.
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Earlier this year, it was revealed that Facebook refused to make positive changes to their product – even though they knew their app had a negative effect on children. In late March, it was revealed that Meta was paying one of the biggest Republican consulting firms to run this smear campaign on TikTok.
Read MoreVarious fast fashion companies, such as SHEIN and Fashion Nova, continue to thrive within the younger generations. People are advertising these brands all over social media, specifically famous people.
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Along with the trending hobby of thrift shopping, social media savvy fashionistas popularized haul videos featuring the amount of clothing they find at such low prices – and many of those videos racking up millions of views. While this helps the environment by buying second hand and not falling into fast fashion, clothing resale can also negatively challenge those that are looking for clothing at a low price.
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Coach is back and ready to dominate the handbag industry. The famous leather handbag brand fell out of style as the trends of the early 2000s began to die, but now that there is a revival of Y2K fashion, Coach has completely rebranded itself to fit into the wants and needs of 2021 fashion.
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TikTok is a fast growing social media platform challenging all the current market leaders but has its fair share of issues when it comes to both external and internal regulation.
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The Trump Administration’s Clean Network Initiative poses threat to Chinese innovation and technology.
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Kuaishou Technology, the owner of the Chinese social media and video sharing app of the same name, plans to file for an initial public offering on the Hong Kong Stock Exchange within the coming weeks, according to South China Morning Post (SCMP).
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With the financial stress of the ongoing Coronavirus pandemic still at the forefront of everyone’s mind and wallets, rising popularity in thrifting TikTok videos highlight the benefits of shopping secondhand.
With each swipe, TikTok has served as an entertaining way for users to watch time pass by in quarantine, becoming an outlet for users to show off their unique talents and interests with high hopes of “going viral.” Equipped with a tailored “For You” page concocted by TikTok’s algorithm; fashion lovers everywhere are finding their feeds flooded with trendy thrift shop finds at a fraction of retail prices.
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On the 20th of September, the wildly popular Tiktok app was officially banned following an official statement by the government.
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