US moves to force ByteDance to sell TikTok
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US moves to force ByteDance to sell TikTok
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Re: US moves to force ByteDance to sell TikTok
#2Looks like this post (of 6) is point-winning:[0] (12points)
Re: US moves to force ByteDance to sell TikTok
#3[flagged]
Re: US moves to force ByteDance to sell TikTok
#4ByteDance aren't going to give up the juicy algorithm in the deal though, apparently.
It's like buying KFC without the secret recipe.
I love TikTok. After HN, it's the place where I get most of my tech news.
Re: US moves to force ByteDance to sell TikTok
#5I thought America believed in capitalism and the free market? This seems to be the opposite of that philosophy.
Re: US moves to force ByteDance to sell TikTok
#6I thought America believed in capitalism and the free market? This seems to be the opposite of that philosophy.
Re: US moves to force ByteDance to sell TikTok
#7Tiktok probably will move out of US market then
US market is great to have, but there is still the rest of the world too
Re: US moves to force ByteDance to sell TikTok
#8I thought America believed in capitalism and the free market? This seems to be the opposite of that philosophy.
Americans also constantly talk about freedom and then you look at their history ...
Re: US moves to force ByteDance to sell TikTok
#9I thought America believed in capitalism and the free market? This seems to be the opposite of that philosophy.
I think it's pretty agreed upon that for capitalism to work you need some limitations. This argument is just snarky tbh. We all know that the US has agencies checking monopolies.
Re: US moves to force ByteDance to sell TikTok
#10I thought America believed in capitalism and the free market? This seems to be the opposite of that philosophy.
Assuming that this honest confusion rather than a trolling talking point, no, it’s never been a purely free market.
There are considerable restrictions in finance, health care and a number of other industries. Relevant to this case, there have been restrictions on foreign ownership of radio and TV stations for a very long time. It’s why Murdoch became a US citizen.