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.
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.
Amazon has made a surprise last-minute bid to buy TikTok, days before a Saturday deadline for the app to separate from its Chinese owner or be banned in the United States, The New York Times reported citing three unnamed sources.
Why the fuck does this dude care so much about one social media platform being available here? Is he perving on dancing teenagers?
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.
I believe it is part of a strategy known as indoctrination
so basically taxpayers will be paying china for an app that only 2% of the country uses
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.
You could argue if xai paid xitter 45 billion in their latest
money laundering operationacquisition, then TikTok is worth at least ten xittersWtf, do proprietary algorithms actually cost this much?
I mean, have you seen how effective Tik Toks one is?
Wasn't the whole thing about China scooping up loads of data?
So give a copy of that data to one of the worlds largest advertiser/online markets and license behavioural data from the "baddies". Yeah, that'll fix everything.
Everybody loses.
Oh thank God, I thought the economy was about to collapse or something.
Don't fumble this loops. Now is the moment.
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'.
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.
Honestly, I don't who would be the better owner of Tik Tok at this point..
lmao