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

Post by skohan » Sat, Aug 01, 2020, 6:54 PM UTC

trca wrote: post #241

dkersten wrote: post #205

Earlier quoted context omitted.

> it is here to stay That's what I heard about plenty of social platforms like this. Everyone thought Vine was here to stay too. Everyone thought Myspace was here to stay. Snapchat was huge at one point and now I no longer know anybody who still uses it. Maybe it will be like Facebook, but there's a big chance it won't. It's huge now, but its still relatively niche appeal in the grand scheme of tings. These things ap…

Just because you don't know anyone that uses Snapchat doesn't make that an authoritative source on popularity of a company. Snap's user base has grown consistently and show's no signs of slowing down, even against increase competition in the space ( https://www.statista.com/statistics/545967/snapchat-app-dau/ ). TikTok is the "Vine replacement" since Vine was bought by Twitter and shutdown. Vine wasn't a "fad" that f…

Post by op03 » Sat, Aug 01, 2020, 6:56 PM UTC

dkersten wrote: post #205

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.

> it is here to stay That's what I heard about plenty of social platforms like this. Everyone thought Vine was here to stay too. Everyone thought Myspace was here to stay. Snapchat was huge at one point and now I no longer know anybody who still uses it. Maybe it will be like Facebook, but there's a big chance it won't. It's huge now, but its still relatively niche appeal in the grand scheme of tings. These things ap…

Post by smeeth » Sat, Aug 01, 2020, 6:58 PM UTC

wallacoloo wrote: post #202

smeeth wrote: post #61

Earlier quoted context omitted.

No-one argues that the US has an unregulated free market and no-one respectable argues that it should. Keeping spyware-collected data of private citizens out of the hands of antagonistic authoritarian regimes seems like an appropriate use of regulation, no? Hard to argue its less appropriate than trust-busting or consumer protection regulations.

> Keeping spyware-collected data of private citizens out of the hands of antagonistic authoritarian regimes seems like an appropriate use of regulation, no? Possibly, yes. And if your goal was actually to fight authoritarianism, you’d be sure to pass these regulations in some sort of democratic process. You’d send it through Congress and give the people’s elected representatives a chance to weigh in. You wouldn’t use…

Post by enricozb » Sat, Aug 01, 2020, 7:02 PM UTC

patrickaljord wrote: post #152

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…

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.

Post by s4n1ty » Sat, Aug 01, 2020, 7:08 PM UTC

heliophobicdude wrote: post #227

factorialboy wrote: post #80

What if China stalls and the US administration changes in a few months.

I think you meant to say ByteDance, the private company that owns and controls TikTok. Conflating the CCP owning and controlling a private company's platform is the propaganda that seems to be spun out this situation. It's also what is causing people to see the app as a threat, ergo, highlighting exceptionalism and a tiny bit of xenophobia.