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TikTok owner ByteDance sees its earnings double in 2020

bbc.com

21–30 of 212 posts

Re: TikTok owner ByteDance sees its earnings double in 2020

#21

Did Oracle end up owning a part of the company or not?

Nope. Some low-balled bids during the height of the Trump regime's maximum pressure campaign did not get them anywhere.

Though I still think ByteDance have the goal of an US IPO for TikTok International.

Re: TikTok owner ByteDance sees its earnings double in 2020

#22
So I've learned that TikTok allows copyrighted music to be played in videos, and just gives a cut of the revenue to the label. Why don't more social media have this arrangement?

YouTube not allowing copyrighted music is insane to me. Just give the label a large fraction of the revenue from the watch time during the time that their music was playing. How hard can it be to negotiate this arrangement?

Re: TikTok owner ByteDance sees its earnings double in 2020

#24
post #20
post #3

TikTok is a social network that could not be made by an American company, due to its complete disregard for free speech and embrace of censorship. This is a major part of its success, due to not allowing its network to deteriorate into culture wars and general unpleasant behaviour. I suspect any future social network much like TikTok will have exclusion as a major feature.

Can you please source your claims? AFAIK TikTok ended censorship. You can even find vids with a lot of views talking about things like Tienamen Square, and I know friends whose FYPs are pretty political. It seems to me that you are confusing TikTok with Douyin (the Chinese version.) The thing is, TikTok's audience self-censors. People go on the app to feel good, not because they want to be dragged into another politi…

TikTok employs a lot of moderators and they go much farther than facebook or twitter by hiding or removing videos that are not upbeat or fun.

Re: TikTok owner ByteDance sees its earnings double in 2020

#25
post #3

TikTok is a social network that could not be made by an American company, due to its complete disregard for free speech and embrace of censorship. This is a major part of its success, due to not allowing its network to deteriorate into culture wars and general unpleasant behaviour. I suspect any future social network much like TikTok will have exclusion as a major feature.

You know every company has to comply with regional laws: twitter got banned from that one African country, that doesn't mean twitter is against free speech. Tiktok has to comply with US laws to be able to enter the US market, and it also hires a bunch of US workers. Your sinophobia is not welcome on this website.

I think you’re not really grasping how much TikTok “curates” the content on the platform compared to everyone else. Having posts removed seems to be a very common occurrence - I’ve never had a single post of mine removed from any social platform in two decades.

Re: TikTok owner ByteDance sees its earnings double in 2020

#26
post #22

So I've learned that TikTok allows copyrighted music to be played in videos, and just gives a cut of the revenue to the label. Why don't more social media have this arrangement? YouTube not allowing copyrighted music is insane to me. Just give the label a large fraction of the revenue from the watch time during the time that their music was playing. How hard can it be to negotiate this arrangement?

How is YT not allowing copyrighted music? AFAIK, it is.

Re: TikTok owner ByteDance sees its earnings double in 2020

#27
post #12

It’s easy to make money if you can sell addictive drugs before they are categorized as such.

Are you implying that social media consumption should be regulated simply because people find it so good as to be addictive?

Honestly, TikTok is a breath of fresh air compared to every other social media platform I've used. Positive, fun, and tailored content with no doomscrolling or negativity. It's just a fantastic platform.

Re: TikTok owner ByteDance sees its earnings double in 2020

#28
post #3

TikTok is a social network that could not be made by an American company, due to its complete disregard for free speech and embrace of censorship. This is a major part of its success, due to not allowing its network to deteriorate into culture wars and general unpleasant behaviour. I suspect any future social network much like TikTok will have exclusion as a major feature.

Doesn't facebook, twitter, and other networks have a lot of censorship?

Re: TikTok owner ByteDance sees its earnings double in 2020

#29
I hate TikTok because it's so good. It's a frictionless content pump that we can open and doom-scroll for hours. I have never seen such a beautifully crafted user experience, from the recommendation algorithm that is top-notch the content that is catchy and highlights trends without overdoing it and the absence of political content if you don't engage with it (or maybe there is none at all).

I don't have it on my phone, but I truly see it as the pinnacle of the stupidly addictive social media app and it scares me because it means that Chinese companies are just as capable as us to spin the next Facebook and distribute propaganda to the next generation.

Re: TikTok owner ByteDance sees its earnings double in 2020

#30
post #11

Earlier quoted context omitted.

I tend to disagree, it's successful despite it's complete disregard for free speech and embrace of censorship. If the content is good enough people really don't care.

The content is good because they surgically remove the bad.

Then how do you explain the huge success of League of Legends and Valorant? They have some of the most intrusive anti-cheat in the planet, are Chinese based, and are HUGELY popular specifically in NA.

Again, when the features are good enough, people really don't care.

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