There are always threats, but these companies being paranoid, are always on the lookout for competitors. Facebook in the past had success defusing the threat by

There are always threats, but these companies being paranoid, are always on the lookout for competitors. Facebook in the past had success defusing the threat by simply copying the competitor's app verbatim (Snapchat) and is trying to repeat this by altering both Facebook and Instagram to work like TikTok. The reason I see TikTok as a threat is largely because the company ignores all the rules and regulations that protect the privacy of minors and adults alike and companies will want that data regardless. Facebook won't be able to supply it to them since it has to abide by our laws. OTOH TikTok being based in a nations that's a strategic competitor to the U.S. may well mean the company is simply banned. IMHO it would be more fortuitous for Meta and Google to lobby for a ban. Fighting TikTok will not work.