If you're hoping that the TikTok ban will result in ByteDance selling the social network to stay in the US, we have some bad news.
  • lipilee@feddit.nlEnglish
    0·
    2 months ago

    while i’m obviously sure it’s a bluff, pulling out instead of selling would be the clearest admittance that tiktok is (or at that point: was) not about the profit, but about Chinese influence in the US. the message being “we rather leave a hudred billion dollars on the table than give away our surveillance technology to some US company.”

    but yeah, they will def. sell if they need to.

    • Aux@lemmy.worldEnglish
      01·
      2 months ago

      It’s more like their US profits are no match for their Chinese profits. Social media use in China and other Asian countries dwarfs US use.