- Even as dealmakers bicker over who will actually own TikTok Global, another question emerged after President Donald Trump agreed over the weekend to keep the wildly popular video-sharing app running in the United States for another week: how can they possibly create 25,000 new jobs in the United States?
If TikTok operated at anywhere near the efficiency of other internet companies such as Twitter, TikTok would need to generate up to 19 times more revenue over the next few years. “From a security and infrastructure perspective, they’re going to have to hire a few thousand alone to focus on that issue...given the sensitivity,” he said.
FILE PHOTO: TikTok's logo is displayed on the smartphone while standing on the U.S. flag in this illustration picture taken, November 8, 2019. REUTERS/Dado Ruvic/File Photo A source familiar with the deal discussions said the 25,000-job figure was based on similarly sized organizations that serve as many users as TikTok, without offering details. The source added that the job figure was actually conservative in an effort to under-promise and over-deliver.
On average, Twitter’s 4,800 workers each generated close to $720,000 or total annual revenue of $3.5 billion in 2019. Snap Inc’s 3,195 workers each generated about $537,000, for a 2019 annual sum of $1.7 billion.
China won't rubber stamp the deal. Especially not before the election. Cancel the deal. Ban the app. Problem solved.
I will never download this app. If DonTheCon is involved he must be spying on people.
Does Trump know that there are many other apps that he can be insulted on?
Trump doesn't care about 200K death. 25,000 ppl is nothing to him.
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