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ByteDance would rather shut down tiktok than sell it
(hexbear.net)
Can't wait until 
buys it
They have the greatest opportunity they will ever have to do something awesome right now. Shutting down is not it.
Bye bytedance
Apparently this thing is marginally profitable
ByteDance is a private profit-maximising company. What would make most financial sense to them now?
- Leave the profitable US market and continue with less revenue
- Sell everything at fire sale prices to oligarchs connected to the US regime
- Somehow split into a TikTok for the free world and one for Burgerland and just sell the latter to the US oligarchs, thereby exposing their algorithms to the yanks.
And is it likely that the Chinese government would be intervening to get one outcome over another?
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(2 replies)
The election is Joever
Bullshit.
What would they gain from shutting it down that's worth more than $100 billion?
In the article at least they claim it's the algo itself
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(7 replies)
this post was submitted on 25 Apr 2024
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