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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

#411

Post by wolco »

spideymans wrote: post #285
philsnow wrote: post #270

Earlier quoted context omitted.

The promise of "upward potential" of every one of these social media fads is that it could be the "last" one, the Big One that websites and captures every following generation. Do you think that TikTok is The Big One, that will still be growing at the same rate in ten years' time? I don't. Myspace and Facebook are shrinking. Some of the users leaving are going to TikTok, sure, but I don't think that means that it's b…

Of course TikTok won’t be growing at the same rate in 10 years time. That doesn’t mean it won’t still be a huge platform, however. In fact, I’d wager that, it TikTok plays their cards right, the platform could be bigger than YouTube within five years or so. I know it sounds crazy now, but there is nothing that dictates that YouTube’s model is the best for delivering democratized video publishing to the masses. I find…

TikTok is not a threat to youtube. Instagram maybe. Everyone has a place.

Short videos on youtube are not rewarding and accounts are centered usually around one topic.

On tiktok you follow a person who posts videos.. which are like moving instagram pictures .

Instagram has been pushing videos but people are sharing more live stream longer content.

The next big site will be pornhub meets tiktok. 90 seconds or less x-rated content that is connected to patreon and your tiktok profile

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

#412

Post by wolco »

mgraczyk wrote: post #271
philsnow wrote: post #270

Earlier quoted context omitted.

The promise of "upward potential" of every one of these social media fads is that it could be the "last" one, the Big One that websites and captures every following generation. Do you think that TikTok is The Big One, that will still be growing at the same rate in ten years' time? I don't. Myspace and Facebook are shrinking. Some of the users leaving are going to TikTok, sure, but I don't think that means that it's b…

Facebook is shrinking in some countries, but globally it is still growing in both usage and activity. Check out their recent quarterly results.

With the stay home orders I would expect numbers to be up.

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

#413

Post by horsemessiah »

nouveaux wrote: post #396
quantum_state wrote: post #383

The government's behavior should not be allowed in a country of rule of law. We should all wake up to defend our God given right to use apps we like. Guys, please don't fall into the trap of us vs them. The governments are all bullying us, the people. They raised tariff in the name of whatever, yet in reality, they collect more tax and we pay more for goods we need. The same goes with banning apps. The reality is tha…

Or people need to wake up to the security threat. This is not about us vs them. No apps from Australia, Europe or Africa are on the list of banned apps. Its China where in order to do business there, you have to give the government access to your trade secrets and full server access without a warrant. While its possible for any company to succumb to government pressure for unreasonable access, it is a prerequisite to…

The solution would be to pass a law akin to the GDPR then. There is no need to go through executive action.

The U.S. is not supposed to be authoritarian like China is.

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

#414

Post by horsemessiah »

NicoJuicy wrote: post #71
pknerd wrote: post #46

US is doing with China what China did with them. American VCs and business men used to criticize and mock Chinese government for it. Since US is following the footsteps of China, I wonder whether Chinese will be doing what US VCs did?

China shouldn't expect a free pass while it continues to abuse global trading.

Congress should pass laws in retaliation then, not the President.

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

#415

Post by horsemessiah »

e-clinton wrote: post #308

They’re banning TikTok because they don’t want a Chinese company having direct access to the location, camera, and microphones of hundreds of millions of Americans. I have the app installed and have all those permissions disabled. I understand that it seems unfair but I get where they’re coming from given that China isn’t exactly a saint when it comes to spying/civil rights. I think it Microsoft agrees to take owners…

Why doesn't the government pass laws preventing this, instead of banning one particular app?

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

#416

Post by m0zg »

javagram wrote: post #408
m0zg wrote: post #387

Earlier quoted context omitted.

The wheels of justice turn too slowly for election interference, which a state controlled company like ByteDance is almost certain to perpetrate. There's even plausible deniability - you could blame it on "algorithms". Succinctly, here's why TikTok will get banned: https://www.youtube.com/watch?v=wSTHgoaVtSw This is also why Google, Twitter and Facebook will get their asses reamed at some point if they continue doing…

> The wheels of justice turn too slowly for election interference The logical solution would to start spinning the wheels faster, not take authoritarian action. Of course, the FEC right now doesn’t even have a quorum and has only had one for about a month in the last year, due to negligence by the President and Congress. It’s obvious the politicians aren’t that concerned about the “wheels of justice” when it comes to…

So I take it you'd be fine if, e.g. Yandex (the "Russian Google") entered the market then? Good to know. Or is that different somehow, in your mind?

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

#417

Post by stale2002 »

thereare5lights wrote: post #339
seanmcdirmid wrote: post #277

Earlier quoted context omitted.

Not that it justifies our behavior, but I can’t help but cringe a bit when considering how China locks American companies out of its market but expects better access for Chinese companies in the American market. America-Chinese relations started going downhill in 2009 when China thought it prudent to start blocking most Americans services, America just took a decade to follow up with similar bad behavior.

Your comment boils down to they did it so why can't we? That flies in the face of the supposed moral leadership (of the world) of our country.

Rules are only good if most countries follow them.

If you let someone get away with breaking the rule, without retaliating in kind, then you put yourself at a severe disadvantage to them.

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

#418

Post by wolco »

odyssey7 wrote: post #261
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…

> Maybe it will be like Facebook Speaking about Facebook the website (separate from Instagram and WhatsApp), I'd give it 50/50 odds that a major decline in market position will start by 2030. If it doesn't happen, it will be attributed to very strategic leadership.

In 2030?

I'd be surprised if aws was around.

If a new phone os didn't take over (at least on the android side)

I'd be surprised if the web wasn't still powered by php

I would be surprised to see rss version 23 make a come back.

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

#419

Post by manfredo »

billfruit wrote: post #304
seanmcdirmid wrote: post #277

Earlier quoted context omitted.

Not that it justifies our behavior, but I can’t help but cringe a bit when considering how China locks American companies out of its market but expects better access for Chinese companies in the American market. America-Chinese relations started going downhill in 2009 when China thought it prudent to start blocking most Americans services, America just took a decade to follow up with similar bad behavior.

Really this move seems nothing related at all to US companies not having sufficient access to China. If then why this 10 year gap from action to reaction. Many here seems to take this particular view of this move being a retaliation of some sort, but I feel that is a naive view of what US is doing here and how it will be perceived around the world. Put in specific data protection/privacy laws and regulations applicab…

Politics moves slowly. 10 years is barely more than 1 presidency.

China bans Facebook despite the company offering to comply with censorship/propaganda rules (and Zuckerberg even offering Xi to name his child). The ban is unambiguously due to strategic concerns over a foreign company having access to user data. The change in US policy towards Chinese apps is not retaliation, it's just the US coming to the same conclusion as China that letting rivals foreign powers control media companies is unwise.

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

#420

Post by plandis »

chvid wrote: post #112

Great policy. The EU needs to do the same with American big tech.

The government dictating how businesses are allowed to interact with its citizens is a statement that equally applies to both the US banning TikTok and GDPR.
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