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TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

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171–180 of 723 posts

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#171
post #158

Earlier quoted context omitted.

TikTok is not overhyped, it is here to stay, that's why they want to ban it. It's still growing like crazy and is way way more entertaining than any other social network by a long shot.

The type of entertainment TikTok provides is getting tiring. Is like fb videos on turbo. Sugar high can only last so long

The most successful global consumer-facing company in world history sells sugar water.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#172
post #134
post #97

Earlier quoted context omitted.

Global, unless other countries ban an app that US can use to spy on them.

but is there a non-US version of TikTok then too? i don’t understand how the two versions interact is what i’m saying.

It can be the same exact app on your phone, but be communicating with a different set of network endpoints.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#173
post #156
post #112

Great policy. The EU needs to do the same with American big tech.

If the EU banned American big tech, they'd be set aback 20 years. Of course where would be a populist revolution. The difference between the EU and US on this matter, is that the EU has almost no substitutes, and they just don't - for whatever reason (there are many) have he will to do them. And of course there's no point - what FB is doing is no different from what a EU-based FB would do.

the EU would use yandex and VK. They are decent enough substitutes for google and FB , and of course the extra attention would make them better. There is enough money in the EU to buy them. There are already popular alternatives to US messaging apps, e.g. Viber.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#175
post #25

So how will this work? Will there be 2 apps? Tiktok US and Tiktok for the rest of the world?

Leave it to America to have an app that works just great (Vine), destroy it, let China copy it, and buy it back. stonks all the way my brother

America destroyed Vine? That’s quite the zoomed out view

I wonder how this looks like in a planetary context

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#176

Future startup biz strategy: Chinese company makes huge viral app for the US market, and lets everyone stoke rumors that it's a spying platform. US gov't tosses a huge subsidy at whatever domestic company can acquire it at any cost - in the interest of national defense - resulting in massive overvalued purchase. China pockets the profits. Rinse, repeat.

Selling paranoia is good business these days.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#177
post #156
post #112

Great policy. The EU needs to do the same with American big tech.

If the EU banned American big tech, they'd be set aback 20 years. Of course where would be a populist revolution. The difference between the EU and US on this matter, is that the EU has almost no substitutes, and they just don't - for whatever reason (there are many) have he will to do them. And of course there's no point - what FB is doing is no different from what a EU-based FB would do.

I've been doing tech in Poland since ~2002 and it's not true.

We had a counterpart for I think every single US-based service, but most sites didn't survive the competition. Right now only eBay failed to enter our market (they tried, but the local Allegro won out).

Personally, I'm not the fan of the local copycats - because of their local scale they couldn't really get enough profit/investment to grow the tech just as much. But still - at least in Poland, it's not true that there were no substitutes.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#178
post #140

The interesting thing is that these platforms come and go. One year it’s Vine, another year it’s Snap, now it’s TikTok. ByteDance bought musically for $1B in 2017 and turned it into Tok. 3 years later, it’s grown like crazy because it’s the latest fad and would be smart for them to cash out before the next new thing hits The whole divestment thing is probably a godsend for ByteDance, “forcing” them to liquidate their…

TikTok is not overhyped, it is here to stay, that's why they want to ban it. It's still growing like crazy and is way way more entertaining than any other social network by a long shot.

Ok stop lying

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#179

Earlier quoted context omitted.

Chinese government didn't allow people in China to use US services (Google, Twitter, FB) and instead invested and marketed Chinese "clones" of these businesses (Tencent, Weibo, Baidu). Now that the Chinese owned TikTok is such a desirable app to use in the USA, the US government is blocking it in a similar fashion. To be honest it's all quite petty.

Where have you heard the US government is blocking the app? The gigantic security issues have been because the US government doesn't block apps like this. It can forbid government workers from using it on government-provided devices. This is sensible due to the capabilities for arbitrary code execution and the full permissions to the device the app requires of the user. Amazon has done that with their employees as we…

It was a huge story yesterday that Trump has said he’s going to ban it.

And while it’s not clear exactly how they’d ban it, it certainly isn’t impossible. They could tell major telcos to block IP ranges. Or tell Apple and Google to pull the app. Everyone involved could just say no to the government but it’s not all that clear that they would.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#180
post #51

So is there going to be a US TikTok and a World TikTok?

There has been a China version of so many apps and websites for a very long time, where China companies have to have full control of the data. US is doing to China what China been doing to US companies since forever. In Amazon, Microsoft etc, US engineers of those companies aren't allowed to access the China servers directly and have to go through the Chinese operators.

Another viewpoint is the US is doing to its citizens what China has been doing to its citizens since forever.

I don't see that as a good development!

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