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Trump Signs Executive Order Giving ByteDance 90 Days to Sell US TikTok Business
- alexnewman 6y agoHow this effect the Chinese startup valuations?
- fatjokes 6y agoI presume there are legal safeguards, but what would prevent ByteDance from #yolo and turn the entire platform into an overt anti-Trump/Republican advertising network for the next 90 days? I mean, what's the gov't going to do---shut them down? I just remember in NYC when Uber added a "De Blasio" (the mayor, who was in the pocket of the local taxi cabal) mode (in addition to Economy, XL, etc.) that had higher prices and longer wait times. EDIT: In fact, they probably won't even need to be explicitly anti-Trump. They can just turn the entire app into a get-out-the-vote campaign aimed at a young, mostly already anti-Trump user base.
- DLay 6y agoIt's not just the Trump administration that has an issue with TikTok. Joe Biden's campaign told its staffers to delete the app from their phones, and Senator Schumer publicly stated he wanted it sold off to a U.S. company.
- Dahoon 6y agoHope to see China ban apple as reply.
- arkanciscan 6y agoIf that happened I'd vote for the bastard
- Firebrand 6y agoWhy push axing it back until November 12th? Is it more likely someone lobbied President Trump for more negotiation time or is this an election play?
- genericone 6y agoSo that tiktok negotiation strategies remain on the table before elections.
- gregoriol 6y agoIs it even legal to force a foreign company to sell an asset to a US company?
- ljw1001 6y agoGive that everything is personal for trump, it’s hard to imagine this isn’t a little bit of a thank you to twitter and Facebook and a bit of a payback for the tictok users encouraging fake registrations for trump rallies.
- lowdose 6y agoIsn't this Trump making clear to tech executives that he is the master and they are his puppets. Trump gave a top down order to Xi Jinping to basically split up one of the fastest growing company ever and he is not a negotiation about if that is possible. What would have happened when China just let Google in for a few years and than say "Thank you" after chopping China's part off. Everybody talking about China only doing copying is experiencing cognitive dissonance driven by ignorance of the accomplishments of Bytedance & TikTok. Google still hasn't internally launched a Tiktok clone and Faceberg can't steal a specific feature that integrates easily in his products. People are consuming content on TikTok because it has game like cooperation baked in and is thereby more engaging than watching Youtube videos, TikTok's dopamine hack is superior to Twitter and Facebook because those have disastrous 2nd and 3th order effects which get shoveled under the denial rug of free speech and capitalism. This event is significant because this is the first China time beat the West on execution and originality of the innovation. People are panicking because the defensible network effects of the walled gardens do not exist when China throws a better mousetrap over the fence.
- sunstone 6y agoMy understanding is that almost all the funding and board members of TikTok are western.