The CEO of TikTok, the popular app for sharing short-form videos, is attacking Facebook for planning the launch of a „copycat“ product, accusing the …
The CEO of TikTok, the popular app for sharing short-form videos, is attacking Facebook for planning the launch of a „copycat“ product, accusing the social media giant of trying to smear TikTok and put it out of business in the U. S. Kevin Mayer, who left Disney in May to oversee TikTok’s U. S. operation, delivered his sharp criticism in a blog post on Wednesday, just hours before Facebook CEO Mark Zuckerberg is scheduled to testify before Congress about whether the company’s online dominance squashes competition. Mayer noted that Facebook-owned Instagram has announced Reels, the tech giant’s answer to TikTok. It is expected to be unrolled in early August. The effort represents the second time Facebook has attempted to undercut TikTok’s success. Earlier this month, Facebook shut down Lasso, a TikTok clone that never took off. Mayer says TikTok welcomes competition — „bring it on,“ he writes — but he suggests Facebook is attempting to tap into the growing pressure in Washington to squeeze TikTok out of the U.
