Technology @lemmy.world Jesus @lemmy.world 2mo ago

China Discusses Sale of TikTok US to Musk as One Possible Option

www.bloomberg.com China Weighs Sale of TikTok US to Musk as a Possible Option

Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

23 comments

Tiktok has denied that rumor
https://www.bbc.com/news/articles/c78w9zz62ego

TikTok has called a report that China is considering allowing a sale of the social media company's US operations to...

Oh look, it's bullshit
Christ. This guy just can't help himself.
There's already a mass exodus to RedNote, and I gotta say, I love that there are no ads.
- Loops
- That will get banned too if the bill goes into effect.
  
  Sure, which is why installing it is largely a protest. I don't think US tiktokkers are going to seriously learn pinyin so they can properly tag their post.
- No ads yet...
- Another Chinese app
  
  I think that's the point... Its a protest, and RedNote doesn't even pretend that it isn't a part of the CCP. The tiktok users know this, they are just trying to give the biggest middle finger they can.
Like this guy needs more companies.
Tiktok is doomed.
With China/the CCP's supposed financial struggles, selling TikTok to Elon for immediate liquidity does actually make sense.

huh just the fact that this could happen is a bit funny to see as it does signal that capitalism is a stronger force than authoritarianism

very odd

Edit:
Actually rethinking about this, I'm reconsidering the idea that instead of money the CCP's probably wants the control of public perception, money doesn't really make too much sense as selling TikTok would only provide short term cash unless they're desperate.. surely not right?
- You think the entire nation of China needs a small amount of money from Elon?
  
  China is the largest holder of foreign reserves in the world, and has been for years. We're talking trillions of dollars, not a few billion.
  
  I mean yeah I agree, hence why I already said that after rethinking about it the factor of money doesn't make sense for a potential reason to sell TikTok

23 comments