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im frankly a little dumbfounded at the state of the tiktok "ban" in the USA. Bytedance has been absolutely adamant that it cannot, and will not sell. This has
by nimbius 2y ago
im frankly a little dumbfounded at the state of the tiktok "ban" in the USA.
Bytedance has been absolutely adamant that it cannot, and will not sell. This has not stopped droves of American politicians from stepping forward and insisting they can facilitate the sale, find buyers, begin negotiations, draft contracts, review and finalize deals, you name it...
Nothing has changed. Bytedance will. not. sell. if history is any indication, Trump will kick the can down the road a little further with another 90 day delay. This is after all, arguably, the platform that helped him win a presidency. banning it is pointless, as in the first day of the ban nearly every US user flocked to other chinese social media platforms.
- TMWNN 2y ago> Bytedance has been absolutely adamant that it cannot, and will not sell. You haven't been paying attention. Beijing has signaled for a while that it is open to a deal, in the context of other US-Chinese issues.
- calimoro78 2y agosource?
- aardvarkr 2y agoThe Chinese government could potentially let the sale happen if it’s part of a larger tariff deal
- maxglute 2y agoPRC / Byte dance won't sell TikTok global. PRC won't export TikTok algos. There's probably some JV / oracle / project texas arrangment PRC alright with. But yeah, 100% US ownership not happening, especially as "concession" in exchange for tarrifs / export control list relief etc, which basically would reward US leverage / behaviour.
- Ifkaluva 2y agoI’m confused why you think a voluntary sale is the only possible way it can be “sold”. What if they seize the US operations, which are headquartered in LA, and sell those seized assets?
- ryoshoe 2y agoThey could do that, but Tiktok's most valuable asset is their recommendation algorithm