> Privately held ByteDance is about 60% owned by institutional investors such as BlackRock and General Atlantic, while its founders and employees own 20% each. It has more than 7,000 employees in the United States That’s probably a very stupid question, but is how this is a Chinese company when 60% are owned by American funds?
Presumably, the relevant factor here is not ownership on paper, but who has real control via being able to tell Bytedance employees (including the executives) what to do. Which, in this case, is assumed to be China’s government leaders.
TikTok preparing for U.S. shut-off on Sunday
631–640 of 1001 posts
Re: TikTok preparing for U.S. shut-off on Sunday
#632Earlier quoted context omitted.
That's mostly true and it's a good thing for the US to prevent hostile, autocratic, foreign powers from gaining undue cultural power.
I think you've been propagandized because having autocratic private institutions having undue cultural power is proving to be worse for our culture than anything a foreign country has done to us. Don't believe me, we've got lots of data correlating the rise of social media and mental health crisis. As time moves on the evidence linking the two continues to become stronger.
Re: TikTok preparing for U.S. shut-off on Sunday
#633Earlier quoted context omitted.
That's mostly true and it's a good thing for the US to prevent hostile, autocratic, foreign powers from gaining undue cultural power.
I think you've been propagandized because having autocratic private institutions having undue cultural power is proving to be worse for our culture than anything a foreign country has done to us. Don't believe me, we've got lots of data correlating the rise of social media and mental health crisis. As time moves on the evidence linking the two continues to become stronger.
Re: TikTok preparing for U.S. shut-off on Sunday
#634Let’s be clear about one thing: it’s never about protecting the privacy of private citizens—that’s just the justification. Social networking platforms are among the most effective tools for mass influence, second only to religion. The U.S. has held a monopoly on this power, leveraging it to gather data on citizens worldwide and projecting our value systems onto others. Banning TikTok is simply an effort by us to main…
The US censorship of Chinese social media apps on these grounds sure makes it look like China was completely justified in doing it first.
Re: TikTok preparing for U.S. shut-off on Sunday
#635Earlier quoted context omitted.
This part is unclear to me. I know the article says "app," but this is general news reporting, and the term "web app" for stuff in the browser is acceptable terminology anyway. It also says that opening the app will redirect people to a page with information about the ban, not to the main page of the website. Prior to this discussion, I thought a ban at the ISP or CDN level was part of the plan, so a VPN would be req…
TikTok is ostensibly a commercial product meant to earn revenue that offset costs, and those costs are tremendous . Meanwhile, the ban will make it impossible for them to (a) enter into trade relationships with the advertisers and other partners that bring in revenu, and (b) share that revenue with monetized users. Continuing to run it at scale as a website without ads or monetization payouts (and without any legal p…
Re: TikTok preparing for U.S. shut-off on Sunday
#636Let’s be clear about one thing: it’s never about protecting the privacy of private citizens—that’s just the justification. Social networking platforms are among the most effective tools for mass influence, second only to religion. The U.S. has held a monopoly on this power, leveraging it to gather data on citizens worldwide and projecting our value systems onto others. Banning TikTok is simply an effort by us to main…
That's mostly true and it's a good thing for the US to prevent hostile, autocratic, foreign powers from gaining undue cultural power.
we really should ask ourselves why we’re continuing to allow some to continue these abuses…. there should be laws in place to stop all of them.
Re: TikTok preparing for U.S. shut-off on Sunday
#637Given how easy it is for China to buy US data legally from data brokers and how similar the functionality of TikTok and YouTube Shorts, I feel like the only explanations are: 1. The govt is mad that a foreign company is outcompeting a domestic one Or more likely, given that there are so many other industries that didn't get a ban: 2. The govt is mad that they have control over the narrative on Facebook but do not on…
Wrong - it's practically impossible to buy video and audio data at the PII level like Tiktok is getting.
Re: TikTok preparing for U.S. shut-off on Sunday
#638Earlier quoted context omitted.
That's mostly true and it's a good thing for the US to prevent hostile, autocratic, foreign powers from gaining undue cultural power.
I think you've been propagandized because having autocratic private institutions having undue cultural power is proving to be worse for our culture than anything a foreign country has done to us. Don't believe me, we've got lots of data correlating the rise of social media and mental health crisis. As time moves on the evidence linking the two continues to become stronger.
That's pure, shameless whataboutism, and one that desperately tries to hide the fact that totalitarian regimes are using social media service as a tool to control you and your opinions.
You can bring up any bogeyman you'd like, but you are failing to address the fact that these totalitarian regimes clearly are manipulating you to act against your own best interests.
Re: TikTok preparing for U.S. shut-off on Sunday
#639> The outcome of the shutdown would be different from that mandated by the law. The law would mandate a ban only on new TikTok downloads on Apple or Google app stores, while existing users could continue using it for some time. Does anyone have thoughts on why TikTok would choose to stop for existing users? I.e. why would they choose to do more than the minimum required by the law? It's nice that they want to point p…
For the same reason Google or Facebook or many other major players might choose to stop operating in a jurisdiction that's trying to impose restrictions on them that they feel are unconscionable, rather than knuckling under?
The "national security" angle that FedGov is attempting to hang this all on is pretty bullshit... defense contractors that do classified work for the DoD can be foreign owned!
Re: TikTok preparing for U.S. shut-off on Sunday
#640Let’s be clear about one thing: it’s never about protecting the privacy of private citizens—that’s just the justification. Social networking platforms are among the most effective tools for mass influence, second only to religion. The U.S. has held a monopoly on this power, leveraging it to gather data on citizens worldwide and projecting our value systems onto others. Banning TikTok is simply an effort by us to main…
That's mostly true and it's a good thing for the US to prevent hostile, autocratic, foreign powers from gaining undue cultural power.