Trump plans to announce a company called TikTok America, with a 50% stake for US investors and 19.9% for ByteDance, which would license the algorithm.

Comments

• doug@lemmy.today ⁨1⁩ ⁨month⁩ ago

  Cool, another app I won’t download and will look sideways at whoever does.

  Gen Z and younger please stay off of it.

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  • yoshisaur@lemm.ee ⁨1⁩ ⁨month⁩ ago

    I’m sorry but you’re 100% going to be disappointed

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    • doug@lemmy.today ⁨1⁩ ⁨month⁩ ago

      You’re right, I should set my expectations now.

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    • FauxLiving@lemmy.world ⁨1⁩ ⁨month⁩ ago

      If I find out Lemmy.world has a mouse favicon I’m going to be disappointed

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• kokesh@lemmy.world ⁨1⁩ ⁨month⁩ ago

  He is really so dumb

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• x00z@lemmy.world ⁨1⁩ ⁨month⁩ ago

  TikTok’s valuation remains contested, with estimates varying from US$20 billion ($31.8 billion) to more than US$300 billion, depending on whether its algorithm is factored in.

  The algorithm increases the price by more than $280 billion. And what kind of algorithm? One that changes its high based on how you interact with it, to always try and get your dopamine flowing to keep you interacting longer. If it were a real substance, it would be the most addictive drug to ever exist.

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  • gwilikers@lemmy.ml ⁨1⁩ ⁨month⁩ ago

    Wtf, do proprietary algorithms actually cost this much?

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    • Pirata@lemm.ee ⁨1⁩ ⁨month⁩ ago

      I mean, have you seen how effective Tik Toks one is?

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  • Wispy2891@lemmy.world ⁨1⁩ ⁨month⁩ ago

    You could argue if xai paid xitter 45 billion in their latest money laundering operation acquisition, then TikTok is worth at least ten xitters

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• AmbiguousProps@lemmy.today ⁨1⁩ ⁨month⁩ ago

  Surely US investors won’t harvest data and/or enshittify the product!

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• hopesdead@startrek.website ⁨1⁩ ⁨month⁩ ago

  Why the fuck does this dude care so much about one social media platform being available here? Is he perving on dancing teenagers?

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  • AngryRobot@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Because it’s been an incredibly successful propoganda vector for the youth vote.

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    • hopesdead@startrek.website ⁨1⁩ ⁨month⁩ ago

      Huh. Is that good or bad?

      I don’t pay attention to TikTok. I’m not on there.

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  • Ledericas@lemm.ee ⁨1⁩ ⁨month⁩ ago

    tiktok is used by genz and alpha alot, it helps that they would be the next generation of a dying GOP voters which are primarily boomers, Xers, and some milleneals.

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  • nutsack@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

    I believe it is part of a strategy known as indoctrination

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• El_Azulito@lemmy.world ⁨1⁩ ⁨month⁩ ago

  Oh thank God, I thought the economy was about to collapse or something.

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• cupcakezealot@lemmy.blahaj.zone ⁨1⁩ ⁨month⁩ ago

  so basically taxpayers will be paying china for an app that only 2% of the country uses

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• redsand@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

  Don’t fumble this loops. Now is the moment.

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  • OneOrTheOtherDontAskMe@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Loops…kind of sucks. I get the point of it, but I tried using it like 15 minutes a day for a couple weeks to get used to it, but the features are lacking and the content is…well it’s filled with people who would abandon tiktok and other apps, so, it’s kind of boring.

    Not in a ‘there’s no brainrot’ way, in a ‘this is the third video in a row of just random AI slop and then it’s just some dude filming a tree for 20 seconds’.

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    • redsand@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

      Bootstrapping is definitely going to be an issue. There was news they are supposed to have federation working and released tomorrow. Right now there’s not even a client in the play store so I haven’t bothered with it.

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  • Kolanaki@pawb.social ⁨1⁩ ⁨month⁩ ago

    People bitch about the algorithm but it’s actually pretty nice having things you’re more likely to enjoy come to you than having to try and hunt them down with nothing but a very poor search function.

    I want to like Loops, but it’s 90% random nature shots that don’t need to be videos and finding anything else is a PITA.

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• MagicalAbyss@lemm.ee ⁨1⁩ ⁨month⁩ ago

  Honestly, I don’t who would be the better owner of Tik Tok at this point…

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• thisphuckinguy@lemmy.world ⁨1⁩ ⁨month⁩ ago

  lmao

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