How TikTok’s U.S. Deal Turned Markets into a Dizzying Circus of Joy and Confusion

Over two billion-yes, with a B-people have now downloaded what was once just a tiny, quirky Chinese video app. It’s now basically the world’s most popular digital parrots squawking trends that no one asked for. This astronomical number probably saved TikTok from being banned faster than a cat meme can go viral in a typhoon. TikTok, which has already been banned in Canada (because apparently, zipping videos around the Great White North is too dangerous) and temporarily in the U.S., is now doing the Macarena with Americans through a joint venture, of all things, with Oracle and a few other fine companies. According to CNBC’s latest scoop, this was very much a “letting the dog in” moment. 🐶





