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China doesn’t have total control, they have 20%. And they’ve indicated they are completely unwilling to sell that 20%. And given how small the US install base i

China doesn’t have total control, they have 20%. And they’ve indicated they are completely unwilling to sell that 20%. And given how small the US install base is compared to the rest of the world, it’s not an unreasonable stance to take.

MajimasEyepatch 3y ago
As long as the leadership of Bytedance is in China, the CCP will always have the power to do whatever they want. And come on, their objections have nothing to do with the economics of a sale.
- falcolas 3y ago
  The head office - leadership - is in Singapore, not China. Bytedance does have an office in China, but they also have one in the US (and most other countries they operate in).
  - MajimasEyepatch 3y ago
    That's not correct. Bytedance is headquartered in Beijing.[1] TikTok Ltd. has two HQs in Singapore and Los Angeles, but Bytedance is still the parent company. [2] [1] https://en.wikipedia.org/wiki/ByteDance https://en.wikipedia.org/wiki/ByteDance [2] https://en.wikipedia.org/wiki/TikTok https://en.wikipedia.org/wiki/TikTok
TMWNN 3y ago
>And given how small the US install base is compared to the rest of the world, it’s not an unreasonable stance to take. US = 10% of users, but 50% of revenue.
- falcolas 3y ago
  True, but I don’t think it will matter. China is likely to take an ideological stance, just like the US is. It’s going to hurt the US more than China, especially with how close to the elections the ban will occur.
  - TMWNN 3y ago
    You said >And given how small the US install base is compared to the rest of the world, it’s not an unreasonable stance to take. Meaning that losing the US customer base wouldn't hurt TikTok too badly. I said >US = 10% of users, but 50% of revenue. You can't now say >True, but I don’t think it will matter. You can't have it both ways. Would losing the US market seriously hurt TikTok? Yes, or no? >China is likely to take an ideological stance, just like the US is. I don't disagree, but that is orthogonal to your initial claim. >It’s going to hurt the US more than China, especially with how close to the elections the ban will occur. If TikTok is banned in the US, as opposed to being sold to some non-Chinese owner, Americans would just move to Instgram Reels and YouTube Shorts.
literallycancer 3y ago
Any significant company in China has secret police involved in managing it. Why would you ever want to let them influence public debate in the US? At least make them work for it.

MajimasEyepatch 3y ago

As long as the leadership of Bytedance is in China, the CCP will always have the power to do whatever they want. And come on, their objections have nothing to do with the economics of a sale.

falcolas 3y ago
The head office - leadership - is in Singapore, not China. Bytedance does have an office in China, but they also have one in the US (and most other countries they operate in).
- MajimasEyepatch 3y ago
  That's not correct. Bytedance is headquartered in Beijing.[1] TikTok Ltd. has two HQs in Singapore and Los Angeles, but Bytedance is still the parent company. [2] [1] https://en.wikipedia.org/wiki/ByteDance https://en.wikipedia.org/wiki/ByteDance [2] https://en.wikipedia.org/wiki/TikTok https://en.wikipedia.org/wiki/TikTok

TMWNN 3y ago

>And given how small the US install base is compared to the rest of the world, it’s not an unreasonable stance to take. US = 10% of users, but 50% of revenue.

falcolas 3y ago
True, but I don’t think it will matter. China is likely to take an ideological stance, just like the US is. It’s going to hurt the US more than China, especially with how close to the elections the ban will occur.
- TMWNN 3y ago
  You said >And given how small the US install base is compared to the rest of the world, it’s not an unreasonable stance to take. Meaning that losing the US customer base wouldn't hurt TikTok too badly. I said >US = 10% of users, but 50% of revenue. You can't now say >True, but I don’t think it will matter. You can't have it both ways. Would losing the US market seriously hurt TikTok? Yes, or no? >China is likely to take an ideological stance, just like the US is. I don't disagree, but that is orthogonal to your initial claim. >It’s going to hurt the US more than China, especially with how close to the elections the ban will occur. If TikTok is banned in the US, as opposed to being sold to some non-Chinese owner, Americans would just move to Instgram Reels and YouTube Shorts.

literallycancer 3y ago

Any significant company in China has secret police involved in managing it. Why would you ever want to let them influence public debate in the US? At least make them work for it.