Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

reuters.com

Post reply on HN
Print view View original

261–270 of 723 posts

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

#261

Post by odyssey7 »

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…

> Maybe it will be like Facebook

Speaking about Facebook the website (separate from Instagram and WhatsApp), I'd give it 50/50 odds that a major decline in market position will start by 2030. If it doesn't happen, it will be attributed to very strategic leadership.

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

#262

Post by giancarlostoro »

skohan wrote: post #251
trca wrote: post #241

Earlier quoted context omitted.

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 f…

Why did twitter shut it down?

They never monetized it despite Vine getting people to join Twitter.

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

#264

Post by baby »

jariel wrote: post #156
chvid wrote: 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.

> If the EU banned American big tech, they'd be set aback 20 years. Of course where would be a populist revolution.

Be more specific. I remember a time where dailymotion was mocking Youtube as a money blackhole due to its shitty tech. Lots of startups people in the US use are from Europe (Spotify). Lots of startups that exist in Europe don't even exist in the US, or don't get that much traction in the US (monzo, revolut, blablacar, thetrainline, toogoodtogo, etc.)

> And of course there's no point - what FB is doing is no different from what a EU-based FB would do.

there is so much wrong in this sentence. By being a US company FB is run much more differently. Control of information.

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

#265

Post by kerng »

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…

I think you underestimate the popularity and potential of TikTok and ByteDance at large.

It's like Facebook, maybe around 2010-2012, with enormous upward potential - they might even dethrone Facebook and their offerings in the coming years. For the core Facebook app, I wouldnt be surprised if they did that already in a couple of countries.

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

#266

Post by seppin »

patrickaljord wrote: post #152
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…

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 will suck eventually, politics and boomers will arrive and ruin it.

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

#267

Post by dkobia »

billfruit wrote: post #195

As someone from the third world this leaves a very bad feeling if it happens. I do expect it runs into legal hurdles before that. Neither Apple nor Google have found TikTok problematic enough to delist them from their app stores. Neither is there charges that TikTok may have broken US laws. Banning something which hasn't broken US laws, on arbitrary grounds shouldn't be possible. The President shouldn't have authorit…

As much as I agree and being from a "third world" country myself, I can still remember China banning Facebook and Google in 2009/2010. Everyone has had to bend over backwards to gain access to the Chinese market while giving them free reign to the rest of the world.

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

#268

Post by yushuf »

patrickaljord wrote: post #207
untog wrote: post #192

Earlier quoted context omitted.

That’s your personal experience. But I can guarantee that if you rewind a few years you’d be able to find many people who would say that Snapchat gave them the kind of experience Instagram never did, or whatever. Snapchat was huge. TikTok is huge. But there’s no guarantee of permenance.

Snap never got to the level of TikTok and it was always really niche but mostly, it required IRL friends to send awkward Snaps too. TikTok doesn't have this limitation and is the lowest friction to entertainment social media ever. Of course, nothing is forever, even Facebook, but as far a these things go, TikTok was in for the long shot.

People don't realize how addicted a lot of people are to Tik Tok. It's scary in terms of thinking how much time is 'wasted', but in terms of a product, it can reach the popularity of Youtube.

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

#270

Post by philsnow »

kerng wrote: post #265
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…

I think you underestimate the popularity and potential of TikTok and ByteDance at large. It's like Facebook, maybe around 2010-2012, with enormous upward potential - they might even dethrone Facebook and their offerings in the coming years. For the core Facebook app, I wouldnt be surprised if they did that already in a couple of countries.

The promise of "upward potential" of every one of these social media fads is that it could be the "last" one, the Big One that websites and captures every following generation.

Do you think that TikTok is The Big One, that will still be growing at the same rate in ten years' time? I don't.

Myspace and Facebook are shrinking. Some of the users leaving are going to TikTok, sure, but I don't think that means that it's better, it's just hotter right now.

Post reply on HN