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Needing to win a bidding war for TikTok is very different from Washington's confiscating TikTok and giving it to one of its corporate friends. The winner of the
by hollerith 3y ago
Needing to win a bidding war for TikTok is very different from Washington's confiscating TikTok and giving it to one of its corporate friends. The winner of the bidding war might never get enough money out of TikTok to offset what it paid for TikTok. The seller (ByteDance) is not stupid, and anyone who want to bid can bid.