Transfin.
HomeNewsGuidesReadsPodcastsVideosTech
alt-img

The TikTok Quiz: How Much Do You Know About this Vastly Popular Chinese Video App?

alt-img
Aug 12, 2020 11:19 AM 5 min play


Chinese video-sharing app, TikTok is one of the most popular social media and networking app today.

As per data released by SensorTower, it was the most downloaded app worldwide in May 2020 with more than 111.9m installs, with India accounting for the most number of downloads at 20%, followed by the US at 9.3%. 

However, off late, it has been embroiled in a number of controversies.

The Indian Government banned the app, along with 58 other Chinese apps stating that these apps were “prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.”

Australia is reportedly looking into TikTok’s Beijing-based parent company ByteDance to see whether it poses any security threats to the country or its citizens.

Japanese Government last week began looking into banning TikTok on its shores over concerns about Beijing using the data that it collects.

And perhaps the biggest threat – US mulling a TikTok ban. President Donald Trump last week signed an executive order that will effectively ban TikTok, unless the app is sold to a US buyer by mid-September.

TikTok, however, has time and again said it has never provided user data to China and that it would not do so if asked, saying in a statement that it has “no higher priority than promoting a safe app experience that protects our users’ privacy.”

 

This week in QuizKnock, we have a look at how much you know about this Chinese app. Here's a teaser of what awaits you:

1) Tiktok was started by its parent company Bytedance in 2016 by the name of ________.

 

2) Which Shanghai-based app was acquired by Bytedance in November 2017 for $1bn? In August 2018, all accounts of this app were automatically migrated to TikTok.

 

3) US President Donald Trump last week signed an executive order that will effectively ban TikTok, unless the app is sold to a US buyer by mid-September. 

 Which two tech giants have emerged as potential suitors?

 

4) Which of the following statements is true about TikTok?

French ethical hacker, Elliot Alderson, in a recent article said that TikTok doesn’t have a suspicious behavior and is not exfiltrating unusual data.

  1. A WSJ investigation revealed that TikTok skirted a privacy safeguard in Google’s Android operating system to collect unique identifiers from millions of mobile devices, data that allows the app to track users online without allowing them to opt out
  2. Egypt recently sentenced five women to two years in prison for TikTok videos that "violated public morals".
  3. A California college student in December 2019 accused TikTok in a class-action lawsuit of transferring private user data to servers in China
  4. All of the above
  5. None of the above

5) Launched in 2018, Facebook recently announced the shutting down of which of its TikTok-inspired video app? 

 

6) Twitter once had a standalone short-form video app of its own, which it shut down in 2017. What was it called?

FIN.

How did you fare? Really good? Could do better? Either way, there's never a wrong time to listen to a Business and Finance Podcast! Subscribe to our Podcast Newsletter and never miss a new episode.