ByteDance won't sell TikTok, would rather pull it from the US

Comments

• Juice88@lemmy.world ⁨6⁩ ⁨months⁩ ago

  ✌🏽

  source
• skymtf@pricefield.org ⁨6⁩ ⁨months⁩ ago

  I think this is a good move honestly, they want it to be an algo similar to meta which you know is terrible, meta is like mostly dudes saying gen Z men are AWAKE and hate LGBT people and tate clips. They seem to have much less success in the algorithm on tiktok

  source
• lipilee@feddit.nl ⁨6⁩ ⁨months⁩ ago

  while i’m obviously sure it’s a bluff, pulling out instead of selling would be the clearest admittance that tiktok is (or at that point: was) not about the profit, but about Chinese influence in the US. the message being “we rather leave a hudred billion dollars on the table than give away our surveillance technology to some US company.”

  but yeah, they will def. sell if they need to.

  source

  • cyd@lemmy.world ⁨6⁩ ⁨months⁩ ago

    There are valid commercial reasons not to go through a forced sale with a ticking time limit, which will inevitably carry a steeply discounted price. Rather than getting robbed, it makes sense to hang on to the company and take profits from the rest of the world.

    source
  • Aux@lemmy.world ⁨6⁩ ⁨months⁩ ago

    It’s more like their US profits are no match for their Chinese profits. Social media use in China and other Asian countries dwarfs US use.

    source
• Veneroso@lemmy.world ⁨6⁩ ⁨months⁩ ago

  They should redirect US users to a walled garden that says “Trump is against the ban. Vote Trump 2024” and see how quickly they reverse this. Oh political interference? Trump is all about that too.

  Oh man, imagine what hellscape awaits us under a second Trump administration. Glory to Arstotzka!

  source
• ABCDE@lemmy.world ⁨6⁩ ⁨months⁩ ago

  Very unlikely.

  source
• FaizalR@kbin.social ⁨6⁩ ⁨months⁩ ago

  Leaving US in darkness

  source

  • djsoren19@yiffit.net ⁨6⁩ ⁨months⁩ ago

    TikTok users are already in darkness, unless you think it’s a happy coincidence that their algorithm suppresses anti-China views, support for Hong Kong, and support for Taiwan. Just because you can’t notice you’re being deceived doesn’t mean you aren’t.

    source
• MusketeerX@lemm.ee ⁨6⁩ ⁨months⁩ ago

  This would be a win for Facebook and Twitter/X.

  source
• adam@doomscroll.n8e.dev ⁨6⁩ ⁨months⁩ ago

  Let’s be honest, this is only their outlook until the courts make their decision. They’ll sell if that doesn’t go in their favour.

  source
• Fisk400@feddit.nu ⁨6⁩ ⁨months⁩ ago

  They would say that at this stage. They are still working on getting the law overturned by courts and threat of shutdown mobilizes people against the law in a way that selling it wouldn’t.

  When the time comes to shut down they will probably do some paper work fuckery that technically makes it an Irish company but doesn’t change the people in the company.

  source