Live data from Hacker News

Biden signs TikTok bill into law, starting clock for ByteDance to divest

theverge.com

121–130 of 1001 posts

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#121

If I were Bytedance I would cut off the US. I certainly would not sell to a competitor. And I’d probably do a licensing deal for the content with a new entity without US based shareholders.

Then you’d be wasting a huge amount of money for no good reason. If TikTok gets banned Meta will probably vacuum up the audience with Instagram Reels. It would be posturing with no real purpose.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#122
post #7

I can almost hear the Meta execs cackling in their bathtubs of cash. Seriously though, this decision just feels unsubstantiated and rushed. There are so many claims of manipulation and our data being used by China via TikTok but I can't help but feel a company like Instagram does the exact same thing but it's not a Chinese company so we are just... okay with that?

The US has had rules against foreign ownership of media since forever. The main geopolitical rival having control over the largest source of media consumed by children (which incidentally, is banned in China) is insane and should have been stopped a long time ago.

People talk about data collection. I am sure that is happening, but the far bigger issue is having a regime who wishes you harm in change of what your young people are and are not seeing for hours every day. There is a lot of propaganda, a deluge of videos pushing of divisive extremism and misinformation. The people pushing this are also using western platforms, but they're doing it more effectively on TikTok. This cannot end soon enough.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#123
post #2

I think the biggest effect of this is going to be that a lot of creators are about to lose a lot of money that they were generating from sponsorships: whether above or below the table. But most will slowly migrate to other platforms due to uncertainty (users and advertisers), though it remains to be seen exactly to where. Maybe Snap? YT Shorts is bad, as are most other “shorts as a feature” platforms where discovery…

Why do people believe that TikTok will stop functioning? That is not the intent, and is not the likely outcome. TikTok will just not be owned by a Chinese company.

That’s not how people think in a time of crisis and ByteDance will need to be swift in their response/decision if they want to retain users.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#124
This shows that values such as “freedom of speech” are only key words used to enforce US policy in other countries. For such a long time it was advocated that free speech is an important thing and good in and on itself. Now it turns out the free speech is good only as long as it’s US who dominates the information market.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#125

Crazy, all the spying we do and we can't provide any definitive proof of anything yet we're jumping to banning a company. Looks like all that red scare stuff isn't a thing of the past, eh? And we all get to suffer for it. From losing a platform, to facing shadow bans with no recourse, to laws being passed that continue to stamp out our civil liberties to the point that we forget they were even there, what's it all fo…

China can and already has used tiktok to influence the U.S. population. Just because the US spies a bunch doesn’t mean we shouldn’t protect our best interests.

As if US apps don't influence the population of other nations. Should every US company be required to divest in every other nation where they have users?

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#126
post #75

>The "Protecting Americans From Foreign Adversary Controlled Applications Act" was approved as part of a larger appropriations bill that provides aid to Ukraine, Israel, and Taiwan. Regardless of your opinions on TikTok, this type of thing is incredibly frustrating and routine practice in American politics. Can't actually get support for the legislation you want? Just add it on to some other completely unrelated piec…

It's either this way or pass nothing ever. Unless the country tilts away from basically 50/50 with two parties that constantly try to undo the other there are few options to get anything through congress.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#127
post #11

It seems to me that the most likely outcome is that some money will opaquely change hands and that TikTok will remain available, either because of a shell game divestiture or because of a policy change. There's just too much money at stake. But even if that doesn't happen, and the US state starts to regard TikTok as banned, what makes anyone think people will stop using it? Many western resources are banned in China,…

The thing about China banning stuff is that it is sponsored by the whole government, so every ISP in China is forced to comply with the ban. In the US, unless all of the ISPs are forced to ban tiktok at a network level, the ban will essentially be on new downloads I'm sure.

If the ban is on new downloads, it will mean that the ban doesn't hit particularly hard, except for there will be no more platform growth, which would mean that the company sees all of the issue with it, but the users do not which would stagnate the platform and lead to its eventual death. Frogs in a pot of water turned up to a boil, instead of dropped in at a rolling boil kind of thing.

If it is banded in ISP level, there is essentially no real chance that anybody will put any effort to get around it. I see big statements all the time about how people slightly younger than me don't even know what command prompt is, which is frankly a wild statement because even people I know my age that are not techy. Like I am still know how to do almost all of the basic commuter commands and know how to download a VPN and similar. We are either going to see a Renaissance of tech people opened up because of the ban on tick tock and them learning about technology to try and circumvent it, or we are going to see the total death of the platform because most people don't really know how to do anything technical on a phone or computer anymore.

Either way, it's going to cause some fairly large shifts until something is done, and if nothing is done, maybe the main shift will be just to a different platform rather than a different societal state of mind.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#128
post #33
post #7

I can almost hear the Meta execs cackling in their bathtubs of cash. Seriously though, this decision just feels unsubstantiated and rushed. There are so many claims of manipulation and our data being used by China via TikTok but I can't help but feel a company like Instagram does the exact same thing but it's not a Chinese company so we are just... okay with that?

I doubt instagram will replace it. Just like Youtube Shorts, they will fail to grab its audience. People who are using instagram/youtube are there because they like the format, and if they wanted tiktok, they 'd go to tiktok

[deleted]

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#129

If I were Bytedance I would cut off the US. I certainly would not sell to a competitor. And I’d probably do a licensing deal for the content with a new entity without US based shareholders.

If TikTok truly is a Chinese psyop, the most effective thing they could do is spend their remaining days sewing discontent with the government, refuse to sell, and let the whole thing burn down, thus riling up "the youths" and teaching them that their own government is a problem.

They could also tell TikTok users to install a VPN and access the servers in China directly.

I actually see this as a silver lining. I want young people to realize the government effects them and can directly ruin things they enjoy. I want young people to be more involved in politics and to vote.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#130

Crazy, all the spying we do and we can't provide any definitive proof of anything yet we're jumping to banning a company. Looks like all that red scare stuff isn't a thing of the past, eh? And we all get to suffer for it. From losing a platform, to facing shadow bans with no recourse, to laws being passed that continue to stamp out our civil liberties to the point that we forget they were even there, what's it all fo…

OTH, western social media platforms cannot operate in China, why should Chinese social media platforms be allowed to operate in the western world? Even without the whole "spy angle" it makes a lot of sense, trade wars like this happen all the time also between western nations. If China opens up their market, things can be reconsidered.
Post reply on HN