This is a most excellent place for technology news and articles.
while i'm obviously sure it's a bluff, pulling out instead of selling would be the clearest admittance that tiktok is (or at that point: was) not about the profit, but about Chinese influence in the US. the message being "we rather leave a hudred billion dollars on the table than give away our surveillance technology to some US company."
but yeah, they will def. sell if they need to.
It's more like their US profits are no match for their Chinese profits. Social media use in China and other Asian countries dwarfs US use.
There are valid commercial reasons not to go through a forced sale with a ticking time limit, which will inevitably carry a steeply discounted price. Rather than getting robbed, it makes sense to hang on to the company and take profits from the rest of the world.
Could they please pull from Europe, too?
Okay bye Felicia
Good 1 less spyware app
I think this is a good move honestly, they want it to be an algo similar to meta which you know is terrible, meta is like mostly dudes saying gen Z men are AWAKE and hate LGBT people and tate clips. They seem to have much less success in the algorithm on tiktok
If the Chinese government is behind this, it's a great play. Having Joe Biden be "the guy who banned tik tok" would severely undermine his election chances.
Why would China want Biden to lose?
Because Trump is equivalent to self destruction.
14 year olds don't vote
They were 14 four years ago
Guess we'll find out whether TikTok or reproductive freedom is more important...
14 year olds aren't the only people who use Tik Tok
Lemmy really seems to generally think that TikTok isn't massively overall popular. Lemmy would have someone thinking it's a niche app only being used by teenagers.
