Earlier quoted context omitted.
The chance that TikTok sells to US owner is zero, so the “ban” implies that assumption
They only need to sell the US portion of the business. They can continue to operate everywhere else, right? Why would they throw away tens of billions of dollars (value of the US portion)?
Biden signs TikTok bill into law, starting clock for ByteDance to divest
611–620 of 1001 posts
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#612if you've been to China, you'll know that they ban all western products: facebook, google, etc etc and replaced them with their own variants. If they want to run around free-range without any restriction with their own products then they should respond by loosening restrictions in their own country. This is an absolute no-brainer. If you want Tik Tok in the US, lower your middle finger. Am I missing something?
Yes, you are missing something. Because you're seeing tiktok as a product, not as a community of millions of people. There are tens of thousands of small family-owned businesses that are only able to survive because of Tiktok. For a lot of the younger crowd, Tiktok is part of social culture. Cutting out a part of someone's life like that is not a decision that should be taken lightly at all. Peace.
Just search for "Uighur genocide" and see how many negative Tiktoks you find.
Now go on any western social media platform, search for any contentious topic, and notice what's banned. It's not stuff that's harmful to the government (eg. Gaza/Israel topics) it's stuff that advertisers think is harmful (racism, unlabeled porn, etc.).
Also, restraining from banning a platform because some people can't be arsed to also post to IG reels or other platforms is their own fault as entrepreneurs.
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#613Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#614I'm very late to this - how do you ban something on the internet? Can't they just keep operating and people will learn how to sideload the app or use a VPN to get it or whatever they need to do? Presumably it will mean some friction but couldn't the company just call the bluff?
They don’t host videos for fun, they host videos so you will watch ads. If they can’t sell ads for US$ then they won’t host videos either.
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#615I personally don't think that exception should exist and I'm OK banning it solely on trade parity grounds.
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#616I’m surprised I don’t hear many speak on the trade embargo aspects of something like TikTok. US social media is blocked from China, so from an economic policy perspective why wouldn’t the trade embargo me mutual, Tit4Tat.
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#617The WTO allows China to ban American social networks - which would otherwise be required to be allowed under its general principle of parity - because of its "public morals" exception ( https://www.wto.org/english/tratop_e/dispu_e/repertory_e/g4_... ). I personally don't think that exception should exist and I'm OK banning it solely on trade parity grounds.
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#618Earlier quoted context omitted.
A US company would never be allowed to own any kind of social media company in China. You can't own a broadcast station in the US as a non-US citizen. Rupert Murdoch had to become a US citizen to buy Fox. I don't know if I agree with this but you can't say there is no precedent for it in the US or in China.
I didn't see the parent say there was no precedent. But anyways, I like to hope that the US is better than China. If US citizens are abused while in China, I would be appalled to see Chinese citizens abused in the US as retribution.
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#619The WTO allows China to ban American social networks - which would otherwise be required to be allowed under its general principle of parity - because of its "public morals" exception ( https://www.wto.org/english/tratop_e/dispu_e/repertory_e/g4_... ). I personally don't think that exception should exist and I'm OK banning it solely on trade parity grounds.
China doesn't actually ban American social networks, not officially at least. They just don't work for some reason due to technical issues. China has never said "we ban Facebook and Google", you just wake up one day and they aren't working anymore.
Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest
#620The WTO allows China to ban American social networks - which would otherwise be required to be allowed under its general principle of parity - because of its "public morals" exception ( https://www.wto.org/english/tratop_e/dispu_e/repertory_e/g4_... ). I personally don't think that exception should exist and I'm OK banning it solely on trade parity grounds.
China doesn't actually ban American social networks, not officially at least. They just don't work for some reason due to technical issues. China has never said "we ban Facebook and Google", you just wake up one day and they aren't working anymore.