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

reuters.com

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

#181

Post by Sivart13 »

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 heard people say this about Facebook for years, that it was just the next Myspace and it would be gone in a year. Platforms are temporary until they're not.

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

#182

Post by dimator »

sergiotapia wrote: post #126
samstave wrote: post #42

https://www.reddit.com/r/videos/comments/fxgi06/not_new_news...

"removed by mods" - exactly why I deleted my reddit account. They were conditioning children and young people to be okay with censorship.

The thread seems available to me. The YouTube link is broken, which is on YouTube's side.

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

#183

Post by untog »

hatsunearu wrote: post #119
dannyr wrote: post #25

So how will this work? Will there be 2 apps? Tiktok US and Tiktok for the rest of the world?

Leave it to America to have an app that works just great (Vine), destroy it, let China copy it, and buy it back. stonks all the way my brother

I’m not an expert in TikTok by any means but the videos I’ve seen are quite different to the ones I used to see on Vine.

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

#184

Post by [deleted] »

chenzhekl wrote: post #162
jariel wrote: post #156

Earlier quoted context omitted.

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.

Do you really think EU is not capable of creating similar services?

[deleted]

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

#185

Post by patrickaljord »

untog wrote: post #169
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.

Couldn’t you have said the same about Snapchat a few years ago? Not that it’s about to shut down, but it’s definitely not the white hot app it was hyped to be.

I've tried Snapchat, never felt the same thing I'm getting with TikTok. TikTok is not being hyped to me, I genuinely get a good laugh out of it everytime I open it. Never had that with Snap or really any other social network. This is huge.

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

#186

Post by balola »

rgrs wrote: post #174
balola wrote: post #164

This is a game America can't win, either way the CCP gets to keep the upper hand, everpresent threat or discrediting entirely.

How? When China doesnt open up its fire wall for US apps, why should US allow Chinese?

When billions of people believe something, it will become a "fact".

Right now the public opinion in China (not mine) is that India and America are hypocritical bullies and abusing the "national security" excuse, while China "never banned" any foreign web services, those "simply refused to comply with Chinese laws regarding terrorism" and their "inaccessibility" totally justified.

You see, here's the logical trap, Tiktok ostensibly didn't refuse to comply with any foreign law, and it will do any "dirty work" if being asked to (unlike foreign companies in China), so by this logic, it's a model citizen and the ban is unjustified and ridiculous. This plays right into the party's hands, right into its "century of humiliation" ideology.

>why should US allow Chinese?

So here's the catch, the CCP sabotaged and overthrew the Chinese Nationalist Party (now Taiwan) government exactly by exploiting its liberal constitution and free speech, the lesson they learned from that epic success is that never allow these freedom, China never touted freedom and rights so it doesn't matter, while the US being the democracy beacon breaching it has everything to lose.

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

#187

Post by WilTimSon »

Kelteseth wrote: post #170
m3kw9 wrote: post #158

Earlier quoted context omitted.

The type of entertainment TikTok provides is getting tiring. Is like fb videos on turbo. Sugar high can only last so long

Maybe you are just not the target audience here? YouTube also has videos like TikTok and it still has a bazillion users...

Well, YouTube's core audience isn't going there for TikTok-style content (no judgement on that content either way.) They mostly come for vlogs, let's play's, tutorial videos, video essays, etc.

Also worth noting that YouTube is a money sink so it's not like it's the most lucrative business model.

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

#188

Post by gpm »

eirini1 wrote: post #145
gpm wrote: post #130

Earlier quoted context omitted.

They'll probably end up banning advertisers from paying them, and TikTok from paying content creators. Sure, Americans will still be able to access the content (over an inferior interface), but TikTok will probably be losing money on American viewers (not necessarily a problem for a propaganda outlet), and TikTok won't be able to incentivize good content.

in what sense is TikTok a "propaganda outlet"?

In the sense that they have been known to remove discussion that the CCP doesn't like [1], that they've created an environment where people feel the need to talk positively about China to get views [2], and in the sense that they are controlled by a company with close ties to the CCP (like practically every large company in China, harder to cite this but for an example see [3]).

[1] https://www.engadget.com/2019-09-25-tiktok-censorship-china....

[2] https://www.wsj.com/articles/tiktok-users-gush-about-china-h...

[3] https://www.reuters.com/article/us-bytedance-filing/bytedanc...

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

#189

Post by reaperducer »

CPLX wrote: post #171
m3kw9 wrote: post #158

Earlier quoted context omitted.

The type of entertainment TikTok provides is getting tiring. Is like fb videos on turbo. Sugar high can only last so long

The most successful global consumer-facing company in world history sells sugar water.

If you mean Coca Cola, you're wrong.
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