FOX BIZ NEWS: TikTok faces well-funded rivals, regulatory scrutiny in U.S.

TikTok faces well-funded rivals, regulatory scrutiny in U.S.



As the controversial social media company TikTok faces scrutiny from the U.S. government and possible closure, one of its chief rivals is wasting no time to try and overtake it by raising hundreds of millions of dollars and stealing users FOX Business has learned.