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ByteDance won't sell TikTok, would rather pull it from the US (www.androidauthority.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 20 points 7 months ago (4 children)

If money wasn't the point, then influence was. Congress is right to shut them down.

Foreign owned, FARA-unregistered influence operations have never been a facet of "free speech" in the USA.

[–] [email protected] 12 points 7 months ago

It's pretty weird that they'd admit it.

The smart move would have been to sell it and take the L, and use the new money to build the next thing.

[–] [email protected] 8 points 7 months ago

Money is still the point. There's an entire world outside the US.

[–] [email protected] 6 points 7 months ago

I mean, not on the surface. But lobby groups working for foreign governments operate in Washington to this day, and they’re ignored because Congress doesn’t want to shut the money tap off.

[–] [email protected] 1 points 7 months ago

They'd lose money in a sale as they'd lose their IP.