There is no universe in which TikTok is only worth $14B.
TikTok Sold for $14B
11–20 of 49 posts
Re: TikTok Sold for $14B
#12There is no universe in which TikTok is only worth $14B.
Re: TikTok Sold for $14B
#13There is no universe in which TikTok is only worth $14B.
Re: TikTok Sold for $14B
#14The title here "TikTok Sold for $14B" is completely incorrect TikTok was not sold. This is an announcement of an executive order endorsing a proposal to sell TikTok. > No representatives from ByteDance were present at the signing, and the company hasn’t acknowledged that a transaction is taking place. No purchase price was mentioned, and there’s no indication that the Chinese government has made changes to laws that…
Re: TikTok Sold for $14B
#15Re: TikTok Sold for $14B
#16When Tiktok was banned in India, everyone tried to recreate it, include Instagram. Everyone failed to get anywhere close to TikTok for you page.
Once the new algorithm is live, expect massive backlash.
Re: TikTok Sold for $14B
#17The title here "TikTok Sold for $14B" is completely incorrect TikTok was not sold. This is an announcement of an executive order endorsing a proposal to sell TikTok. > No representatives from ByteDance were present at the signing, and the company hasn’t acknowledged that a transaction is taking place. No purchase price was mentioned, and there’s no indication that the Chinese government has made changes to laws that…
Why does this even need an executive order?
Re: TikTok Sold for $14B
#18Re: TikTok Sold for $14B
#19It reminds me of the oligarchs in Russia, license raj in India, privatization in Mexico etc…
being close to political power lets folks buy up crown-jewel assets at a fraction of their true value.