TikTok parent company has a new app – it could be banned, too
The Chinese company – which also owns TikTok – is planning to launch its new venture Lemon8 in May, according to an Insider report. The app features pictures and text and is described as a cross between Instagram and Pinterest, the report adds. , ByteDance is continuing to woo creators – targeting many micro influencers with as few as 10,000 followers – and paying them to start posting daily on Lemon8, On The Money confirmed.
Under the two most prominent pieces of legislation – one proposed by Sen. Marco Rubio and another proposed by Sen. Mark Warner – Lemon8 would be banned as a security concern, sources told On The Money.