ByteDance prefers TikTok shutdown in US if legal options fail, sources say
ByteDance prefers TikTok shutdown in US if legal options fail, sources say
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It’s going to be to their advantage to claim that they’re shutting down, even if they actually want that $50B buyout. If they say they’re going to sell, they’re going to lose what little leverage they have left. The public that wants TikTok will get TikTok, and the public is going to stop pestering politicians about it.
I read it as a bluff too.
They’re between a rock and a hard place, their best position is to play hardball and rile up their users.
Yeah, it means nothing to us to leave. We’re losing money!
If that were really the case why are they in the US at all? Because they know they can make money and their market position is strong.
Because China is trying to influence the US and they need to be in the US market for that
This is why the whole situation exists, IMO if there was a reason to believe China is trying to influence united states citizens, then this wouldn't even be a discussion. There are probably hundreds of Chinese companies that operate in the US, why is tik tok signaled out? Because there's probably a reason they're being singled out. It might be nothing, but I'm inclined to think that the people who signed the bill know more than what they're letting on for national security reasons.
Look at any security analysis done on it and you'll see the insane amount of information it collects from every single user is absolutely stunning. They definitely use their influence and knowledge of individuals to drive opinion of those who use their platform.
Yeah I watched this dude show me a video of a device that opens jars and now I am thinking about becoming a spy for the Chinese government.
But they can't continue to make money this way. It will be seen as control. So they're stuck creating a competitor or just writing off the US market.
Yeah I think they're angling for a reversal, if not they'll sell and probably take some massive non voting share of the venture along with a bunch of billionaires.
They won't sell lol, like why would they? If they truly are owned by the Chinese government why would they sell it to an American company?
The public that wants TikTok will get TikTok, and the public is going to stop pestering politicians about it.
Has their user base mobilized at all? Maybe it's just because I don't use TikTok but I haven't really heard much from their users about the ban. Which has been kind of unexpected.
Apparently TikTok sent out push notifications telling users to call their representatives. Minors were being provided instructions with their representatives' phone numbers and contact info, but didn't even know who they were calling and were asking basic questions like "What is Congress?"
Kind of shows the amount of power TikTok has over American youth.
I love how they demonstrated they aren't influencing people by sending out a mass message telling people what to do. It doesn't get any more comical than that.
Malign influence. Telling people to participate in democracy isn't a bad thing.
Yes but telling an army of thirteen year olds doing dance videos to call representatives is worthless, if anything it hurts TikToks argument since it proves they’re doing the influencing of Americans that the government wants them not doing
So you've never used TikTok. Good to know.
You missed the entire point. They declared 1) We are not doing anything of that sort, then: 2) they did exactly things of that sort. It's like a slap stick comedy show.
And facebook tells its users to vote. Encouraging people to make their voices heard and engage in the democratic process is a good thing.
I'd say absolutely, if Cambridge Analytica wasn't a thing. I'd honestly rather have people not vote than be motivated to go vote because they think the liberal communists are putting fluoride in water to make frogs gay.
It's somehow always the organizations and individuals who are trying to manipulate people that seem to care the most about people's voices being heard in politics. Churches, social media, daytime TV, that crazy uncle you don't like to talk to at family gatherings...
Hey some of us are the crazy cousin saying you should vote while also advocating pissing on the floor when your job tries to deny bathroom rights.
I'd prefer to have you as my cousin instead of the one I have who hates brown people and believes Trump won the 2020 election.
Only if ya can deal with ranting about how modern cars suck due to overuse of electronics and half crazed rants about guns and how we should bring back neighborhood militias.
"Vote to participate in democracy! Here's some local voting resources"
vs
"Vote to protect our interests! Tell your representative that they are killing free speech if they don't listen to me"
An enemy state giving kids a script of nonsense to harass politicians with is absolutely not a good thing.
Rival is better than enemy, but yes. We're as friendly with China as we are enemies. It's complicated, but I don't want the simple version to be the narrative.
They're not a rival. They're a hostile power.
We are both dependent on each other because that's how the global economy works, but we are not friends and there is no possible path to friendship unless one of our countries has an extremely bloody revolution and completely changes our mechanism of government.
Our core ideologies are not compatible.
You just haven't been paying attention.
Why though? Why would they give up their trade secrets? They have a global market.
They could sell the user accounts and content and let another company clip that into their own recommendation algo.
I’ve been a part of a few tech acquisitions that have worked this way. They keep their secret sauce but hand over the community.
Yeah that's certainly possible. I just don't think it will go the way people are thinking.
When you're forced to participate in capitalism, your only option is to play the game. I agree, this is mostly just a bluff.