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

reuters.com

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

#241

Post by trca »

dkersten wrote: post #205
patrickaljord wrote: post #152

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.

> it is here to stay That's what I heard about plenty of social platforms like this. Everyone thought Vine was here to stay too. Everyone thought Myspace was here to stay. Snapchat was huge at one point and now I no longer know anybody who still uses it. Maybe it will be like Facebook, but there's a big chance it won't. It's huge now, but its still relatively niche appeal in the grand scheme of tings. These things ap…

Just because you don't know anyone that uses Snapchat doesn't make that an authoritative source on popularity of a company. Snap's user base has grown consistently and show's no signs of slowing down, even against increase competition in the space (https://www.statista.com/statistics/545967/snapchat-app-dau/). TikTok is the "Vine replacement" since Vine was bought by Twitter and shutdown. Vine wasn't a "fad" that faded away, it was actively shutdown by its parent company, likely would still exist to this day in a non-insignificant way had that not happen.

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

#242

Post by dakiol »

patrickaljord wrote: post #185
untog wrote: post #169

Earlier quoted context omitted.

Couldn’t you have said the same about Snapchat a few years ago? Not that it’s about to shut down, but it’s definitely not the white hot app it was hyped to be.

I've tried Snapchat, never felt the same thing I'm getting with TikTok. TikTok is not being hyped to me, I genuinely get a good laugh out of it everytime I open it. Never had that with Snap or really any other social network. This is huge.

I've had exactly the opposite experience. What does your comment and mine tell us? Absolutely nothing.

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

#244

Post by sn_master »

dilap wrote: post #180
sn_master wrote: post #64

Earlier quoted context omitted.

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!

Having US data in US hands doesn't seem like a terrible development to me.

In China, the relationship between tech companies and the government is very close, and none would question any data requests. Its nothing like Apple which openly fights the US government in the supreme court..

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

#246

Post by rfoo »

ergocoder wrote: post #237
balola wrote: post #186

Earlier quoted context omitted.

When billions of people believe something, it will become a "fact". Right now the public opinion in China (not mine) is that India and America are hypocritical bullies and abusing the "national security" excuse, while China "never banned" any foreign web services, those "simply refused to comply with Chinese laws regarding terrorism" and their "inaccessibility" totally justified. You see, here's the logical trap, Tik…

> Right now the public opinion in China (not mine) is that India and America are hypocritical bullies and abusing the "national security" excuse, while China "never banned" any foreign web services, those "simply refused to comply with Chinese laws regarding terrorism" and their "inaccessibility" totally justified. This is definitely not a public opinion. Public opinion in US is splited like it always is in every sin…

> This is definitely not a public opinion.

OP means this is the public opinion in China, not in US. Or at least that's the public opinion that CCP wants to install. And unfortunately most of the people surrounding me agree this. And I can't argue with them without convincing them the "sometimes misguided censorship" is deliberate and people should not accept censorship in the first place (if most of them do China would have already been different). It's literally a trap.

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

#247

Post by akhilcacharya »

m3kw9 wrote: post #158
patrickaljord wrote: post #152

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

I'm 24 and my iPhone tells me I spend 2 hours on TikTok a day. This is up from about a year and a half ago, when i consumed it exclusively in YouTube compilations.

Their targeting and algorithmic curation is extremely, scary good.

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

#248

Post by balola »

ergocoder wrote: post #237
balola wrote: post #186

Earlier quoted context omitted.

When billions of people believe something, it will become a "fact". Right now the public opinion in China (not mine) is that India and America are hypocritical bullies and abusing the "national security" excuse, while China "never banned" any foreign web services, those "simply refused to comply with Chinese laws regarding terrorism" and their "inaccessibility" totally justified. You see, here's the logical trap, Tik…

> Right now the public opinion in China (not mine) is that India and America are hypocritical bullies and abusing the "national security" excuse, while China "never banned" any foreign web services, those "simply refused to comply with Chinese laws regarding terrorism" and their "inaccessibility" totally justified. This is definitely not a public opinion. Public opinion in US is splited like it always is in every sin…

It's still what I said, the CCP doesn't care that much about who has data on its citizens, the amount they have could never match the party's anyway, and the measures being taken made it so that potential subversion is unlikely. It's a different story outside China and still the US's to lose.

When 95% of the comments on Weibo are like what I said, I think it's pretty safe to say it is public opinion.

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

#249

Post by Spivak »

smilekzs wrote: post #154
brandonmenc wrote: post #141

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.

But isn't it more likely that said Chinese company will have little to none leverage in the talks, because the choice is between getting banned or getting bought at a token (read: undervalued) price?

Potentially but their negotiating position is shutting down completely which would be a loss for a potential acquiring company. I'm sure that TT stole some users from YT, IG, and Tumblr but largely creators are posting everywhere so their existence just increases the size of the pie.

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

#250

Post by dealpete »

aledalgrande wrote: post #235
volgo wrote: 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…

The interesting thing is that US has bigger problems than TikTok right now.

You have a gift for understatement.
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