TikTok Users Flock to Chinese App RedNote Amid Ban Scare

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In a surprising turn of events, TikTok users in the US have turned to the Chinese app RedNote as the popular short-form video app faced a ban. RedNote quickly became the top free app in the US, but after Trump paused the ban, its daily active users declined by 54%. TikTok users were sending a message to lawmakers and Meta, signaling that they were not concerned about the 'national security threat' posed by a Chinese-owned app. As they engaged on RedNote, surprising cultural exchanges occurred, with users asking each other about the cost of living and the accuracy of their governments' characterizations. However, RedNote's position as a top app in the US is unlikely to last, as it's localized in Mandarin and focused on the Chinese market.

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The US and China have agreed on a framework for a trade deal
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Why Should You Care?
This fund could change how the US invests in technology, with potential impacts on national security and social media.

What Do We Know?

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