TikTok Reveals Staggering User Growth In Its Lawsuit Against The U.S.: CNBC After Hours

tiktok!!

CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, CNBC.com’s Alex Sherman breaks down TikTok’s impressive user growth in the wake of its lawsuit against the U.S. government. Plus, CNBC’s Steve Liesman dives into historical economic data that disproves the theory that a pandemic would cause the end of big cities.

For more check out:

0:35 — Wall Street scoreboard
1:14 — TikTok sues the U.S.
4:34 — CNBC Soundcheck
6:14 — The end of cities is an urban myth
9:18 — Numbers round

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TikTok Reveals Staggering User Growth In Its Lawsuit Against The U.S.: CNBC After Hours

20 COMMENTS

Souligna Savann

I guess Wework is dead if everyone works at home and don’t need physical office to collaborate.

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Financial Shinanigan

If office real estate goes away in NYC, it’ll come back as apartment complexes so I wouldn’t be worried about the appeal of NYC.

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Huy Nguyen

They didn’t have computers and internet at that time, so they came back cities. Vote down overcrowding cities.

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James Thomas

And “Historically” the internet wasn’t around like it is today during those pandemics. That’s like saying “historically” Americans traveled much less to deal in political matters throughout the centuries when all they had was steam trains and horse carriages…. well yeah now we have cars and planes.

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ro pro

Hrmm… I’m not sure about that dude’s analysis of cities bouncing back after pandemics. The significant difference now is that remote work is possible because of the Internet. New York and San Francisco _will_ recover, but will it return to pre-covid days? Doubtful.

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Lihao Yeong

I hope CNBC and MacKenzie keep making this show even when they return to the studio. Very informative stuff.

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abnattitude

are other countries going to ban operation of US applications that farm user data in their country due to privacy concerns?

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Ben Altair

An increase of 75% is an insane amount of mail to handle logistically. Even if that’s spread out over a week or more

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isla rose

It gives bad meaning to world. You can’t do that. Every will say to Google and Facebook to their country’s company or ban.

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rohan

if google and other american apps can be banned in china, chinese apps and products should be banned in US. it should be reciprocal

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Mariachee Bandidos

didn’t huawei do the same thing (try the same stunt) at the start of their similar situation?
announce all these “staggering growth” / superlatives; 
the highest number of signed new deals / contracts
the most customers
the most sales
the most growth
the most revenue
the most profit
sky high confidence in the ability to keep growing no matter what was thrown at them…
the best equipments that no one else has or could make, countries wouldn’t connect without their equipments, …
and then …

anyways …

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Brigadierprick

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in-depth, #statuscoup, groundbreaking, Investigative journalism reporting from the field that gives microphone back to the people #statuscoup
Co-founded by jordan chariton and jenny dize.
#statuscoup
Worth more than any billion dollar media outlet ever could hope to be, currently out there to be precise. #statuscoup

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