ByteDance prefers TikTok shutdown in US if legal options fail, sources say
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Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#2[deleted]
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#3It never was about ByteDance. It's the Chinese government who will decide.
From their point of view, the right strategic move is to shut it down. Even if every other country bans the app it doesn't impact them much. Also they hate doing things that make then look weak.
If they sell, they lose their influence. If they shut down, same thing.
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#4It’s exciting to think that by this time next year, TikTok can be nothing more than a distant memory.
RIP Vine
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#5This is what they would say whether or not they wanted to sell. Otherwise the buyers would be operating from a position of strength
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#6It never was about ByteDance. It's the Chinese government who will decide. From their point of view, the right strategic move is to shut it down. Even if every other country bans the app it doesn't impact them much. Also they hate doing things that make then look weak. If they sell, they lose their influence. If they shut down, same thing.
> It never was about ByteDance. It's the Chinese government who will decide.
This makes for a pithy statement, but is it actually true? Obviously the Chinese government has a lot of influence on Chinese companies, but do they actually dictate strategic direction like this?
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#7It never was about ByteDance. It's the Chinese government who will decide. From their point of view, the right strategic move is to shut it down. Even if every other country bans the app it doesn't impact them much. Also they hate doing things that make then look weak. If they sell, they lose their influence. If they shut down, same thing.
It's completely sensible - Why would you just hand over your crown jewel to a competitor?
(At the same time, it doesn't seem like China really cares for its tech industry, given how many times they've sabotaged it. It is possible they don't care about what happens with TikTok.)
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#8Folks - Get ready to make a TikTok + AI clone, if not already.
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#9It never was about ByteDance. It's the Chinese government who will decide. From their point of view, the right strategic move is to shut it down. Even if every other country bans the app it doesn't impact them much. Also they hate doing things that make then look weak. If they sell, they lose their influence. If they shut down, same thing.
Western companies have largely taken the same approach and exited markets that banned them rather than sell. Whether it's Google, YouTube, X, Instagram, or Facebook, they didn't sell either.
Re: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
#10US businesses that try to compete with big tech don't stand a chance no matter how innovative because they'll either be bought and killed, or killed/suppressed through some illegal business practices from big tech that government won't or can't stop.
When an innovative foreign company comes in that Facebook/Google/Microsoft/Apple/Amazon/etc can't buy, the government ends up killing it.
Optimistically, this will create an opportunity for a new business to come in and fill the void left by TikTok's departure. Realistically, that's going to all get gobbled up by a big tech company in the end.