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

reuters.com

71–80 of 723 posts

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

#71
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.

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

#72
post #25

So how will this work? Will there be 2 apps? Tiktok US and Tiktok for the rest of the world?

I thought it was the Tiktok for the rest of the world other than Douyin (Tiktok China), but I'm not sure.

If it is true that there would be a US-only version, then it sounds little bit ironic - if this kind of thing keeps happening the US would be somehow walled itself just like China...

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

#73
post #51

So is there going to be a US TikTok and a World TikTok?

It's a possibility, but I would guess no. The complaints from US sources have largely been about the user data from passively running the app, so I wouldn't expect regulatory obstacles to letting the videos themselves go across borders while keeping user data within the US company. (There could be technical challenges, but TikTok presumably already had to address them for GDPR compliance in Europe.)

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

#74
post #57

As I currently recide in a country famous for blocking access to websites, I follow these developments as closely as I can. Whatever happens, it's probably going to be a recipe on how to force all foreign providers to act the way the local government wants. These days the theme is forcing on the ant-gay stance, they managed to force Netflix a show that had a gay character in it. Besides that charade, they passed laws…

Ironically, this future might be what CCP wished. Their practice won't be regarded as "archaic" anymore and U.S ultimate grip in tech might start to wane, however small will be.

A few days ago Pompeo warned that CCP might change "us" (outside PRC in this context). It seems, however, that U.S. might be the first to be changed.

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

#75
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?

If US successfully force China to open market, that would be a win for everyone. Of course though, this situation would only occur in fantasy land.

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

#76
social media app that has up to 80 million daily active users in the United States.

Crazy that one person can ban something over 1/4 the US population uses every day. The implications of that are staggering.

(for any politically trigger fingered voters who think this opinion is derived based on current administration, you would be incorrect. I do not think something like this should ever be decided by a single person, it should go through congress and if a new law or decision is the result of that, the party which is to be banned should have the ability to make their case to SCOTUS)

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

#77
post #54
post #36

Earlier quoted context omitted.

"TikTok China" exists already, it's Douyin. It was there first (2016). Bytedance created TikTok as "international" Douyin in 2017, then merged it with musical.ly.

Hidden forces behind Toutiao: China’s content king - https://www.ycombinator.com/library/3x-hidden-forces-behind-... is an interesting read.

Too much hype.

2 reasons for the meteoric rise:

Super duper aggressive marketing spend, akin Apple's iphone rollout.

A long going murmur about them using funny accounting to drive their valuation into stratosphere, and use it to raise money.

"Machine learning" and everything else all fluff.

I can pretty much imagine something akin to page rank for videos being used, with some perceptrons sprinkled on top.

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

#78
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.

[flagged]

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

#79
post #50

At what point do the big tech companies see the real threat of Trump and begin actively campaigning against him? Feels like they have immense power if they decided to act politically.

One can assume they already are. By virtue of having a disproportionate representation of one political party within their ranks (which they do), you can argue that a lot of their decision making (however benign/simple/small) will fall in line with that parties platform, or end up promoting that party in some way. Right now from my point of view, it absolutely looks like the big social-media companies like Youtube/Tw…

>As for Tik-tok, I'd ban it just for the degenerate social impact it's having on a large section of our youth population. Ditto for gang-glorifying, misogynistic rap music.

Multi billion dollar porn industry with no barrier to entry as far as viewer age where the youth are concerned but a dance app is worrying. I suspect you sound like your out-of-touch parents did when you were a kid.

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