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there's no way bytedance will sell tiktok to an american company. anyone who thinks this will happen is high as a kite. imagine instagram had taken off in china
by inconceivable 4y ago
there's no way bytedance will sell tiktok to an american company. anyone who thinks this will happen is high as a kite. imagine instagram had taken off in china. would the US allow it to be 'force sold' to bytedance or tencent or whatever? L-O-L.
bytedance will just shut tiktok down if the US "forces" them to sell. it will simply disappear one day -- maybe with a nice little note explaining the situation, maybe not. the domestic US political ramifications of this are unknown, because we've never been in this kind of situation before - half the country uses this thing, across the entire socio-political demographic spectrum.
if the ccp has ultimate control as so many people say, on what planet do they sell this market leading company and platform to a US buyer? one that plainly and openly calls china the enemy. the US can not split the political difference between an outright ban and permitting them to operate. it's a binary outcome. even entertaining the idea that the US would just simply take over this asset is pure, unadulterated fantasy. in fact it is delusional.
i mean is anyone actually thinking logically about this?
- esotericimpl 4y ago[dead]
- mcherm 4y ago> i mean is anyone actually thinking logically about this? My working hypothesis is that some of the people considering this ban are thinking about it logically but with the erroneous idea that China is the China of 40 years ago and they the United States is the United States of 40 years ago.
- remarkEon 4y agoI think many supportive of a ban are thinking the United States is the United States of 100 years ago, not 40. The United States of the early 20th century wouldn't have tolerated any of this. Teddy would've broken up all Big Tech and banned TikTok without breaking a sweat, and simply sneered at the detractors before going on another safari. Unfortunately, this America no longer exists.
- scottshamus 4y agoThis almost happened before when Trump issued an executive order for Bytedance to divest TikTok. Most of the media outlets reported that Bytedance was actively courting U.S. corporations to buy Tiktok. I'm sure there was a lot more going on behind the scenes but I don't think the automatic reaction would be to shutter TikTok.
- kelipso 4y agoYeah I remember reading about Bytedance willing to sell US TikTok and about how US TikTok is a relatively independent entity etc. So definitely not unthinkable but geopolitics have changed considerably since then.
- jovial_cavalier 4y agoWhy would they simply shut down instead of capturing some portion of their expected future revenue with a sale?
- wellthisisgreat 4y agoDidn’t it what happened with e.g. Uber?
- inconceivable 4y agothat was voluntary, and uber was losing money and marketshare.
- ROTMetro 4y agoAccording to this guy's testimony 60% of TikTok is foreign investor owned and those foreign investors would very much sell it off before just setting fire to their money.