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Soon Tiktok will be banned in the US by an act proposed by FB lobbyists. Smart for them to hire an American CEO, though. But I still believe FB has more lobbyi

Soon Tiktok will be banned in the US by an act proposed by FB lobbyists. Smart for them to hire an American CEO, though. But I still believe FB has more lobbyists. Another possible outcome is they will be forced to sell TikTok to some holding companies in the US.

majormajor 6y ago
What's the worst that can happen? China banning US services seems to have worked out just fine for their tech industry, so maybe more countries should do that, not fewer.
- ngokevin 6y ago
  Yeah, I don't really blame them for taking control of their citizens' data and keeping the revenue within borders versus shipping it out to American corporations.
- dntbnmpls 6y ago
  I've been saying this myself for a while now. Take the EU for example. Why doesn't the EU have a silicon valley rivaling our silicon valley? They have a larger population and a larger economy. Not only can they afford to invest in their silicon valley, they have a market to sustain it. Where is their facebook, google, apple, youtube, etc? Even more baffling is india. The US has a lot of indian tech workers. Why doesn't india bring some home and build their own tech giants. Instead their major "tech" companies are outsourcing companies which essentially "sells" indian workers all over the world. Why not use those workers to build indian tech companies? Why isn't there an indian whatsapp? Why did india hand that market over to facebook? None of this makes any sense. If they don't want to follow the "chinese model" because of any perceived stigma attached to it, then follow our model. The US became an economic powerhouse due to protectionism. Every major economy in the world developed under protectionism. https://en.wikipedia.org/wiki/Protectionism_in_the_United_States https://en.wikipedia.org/wiki/Protectionism_in_the_United_St... I used to think it was because politicians are old and think tech is magic, but I'm just starting to believe most of them are outright lazy and incompetent.
  - ponyous 6y ago
    Europe is fragmented not only by language but by law, culture and other things as well... It's not trivial to be available to all europe at once (Spotify/Netflix for example are not available in several eastern european countries)

majormajor 6y ago

What's the worst that can happen? China banning US services seems to have worked out just fine for their tech industry, so maybe more countries should do that, not fewer.

ngokevin 6y ago
Yeah, I don't really blame them for taking control of their citizens' data and keeping the revenue within borders versus shipping it out to American corporations.
dntbnmpls 6y ago
I've been saying this myself for a while now. Take the EU for example. Why doesn't the EU have a silicon valley rivaling our silicon valley? They have a larger population and a larger economy. Not only can they afford to invest in their silicon valley, they have a market to sustain it. Where is their facebook, google, apple, youtube, etc? Even more baffling is india. The US has a lot of indian tech workers. Why doesn't india bring some home and build their own tech giants. Instead their major "tech" companies are outsourcing companies which essentially "sells" indian workers all over the world. Why not use those workers to build indian tech companies? Why isn't there an indian whatsapp? Why did india hand that market over to facebook? None of this makes any sense. If they don't want to follow the "chinese model" because of any perceived stigma attached to it, then follow our model. The US became an economic powerhouse due to protectionism. Every major economy in the world developed under protectionism. https://en.wikipedia.org/wiki/Protectionism_in_the_United_States https://en.wikipedia.org/wiki/Protectionism_in_the_United_St... I used to think it was because politicians are old and think tech is magic, but I'm just starting to believe most of them are outright lazy and incompetent.
- ponyous 6y ago
  Europe is fragmented not only by language but by law, culture and other things as well... It's not trivial to be available to all europe at once (Spotify/Netflix for example are not available in several eastern european countries)