Snap CEO Evan Spiegel has spoken out about the influence of the Chinese regime in the success of TikTok, claiming that the communist regime has spent billions of dollars to equip the short video content app to dominate the market and edge out competitors.
Speaking at the Code Conference 2022, Spiegel warned of the influence of the Chinese Communist Party (CCP) over the social media app, beloved by teenagers for its infectious and digestible short videos and its startlingly effective content algorithm.
