@[email protected] to [email protected]English • 7 months agoByteDance prefers TikTok shutdown in US if legal options fail, sources saywww.reuters.commessage-square205fedilinkarrow-up1533cross-posted to: [email protected][email protected]
arrow-up1533external-linkByteDance prefers TikTok shutdown in US if legal options fail, sources saywww.reuters.com@[email protected] to [email protected]English • 7 months agomessage-square205fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish3•7 months agoBut they can’t continue to make money this way. It will be seen as control. So they’re stuck creating a competitor or just writing off the US market.
minus-square@[email protected]linkfedilinkEnglish3•7 months agoYeah I think they’re angling for a reversal, if not they’ll sell and probably take some massive non voting share of the venture along with a bunch of billionaires.
minus-square@[email protected]linkfedilinkEnglish5•7 months agoThey won’t sell lol, like why would they? If they truly are owned by the Chinese government why would they sell it to an American company?
But they can’t continue to make money this way. It will be seen as control. So they’re stuck creating a competitor or just writing off the US market.
Yeah I think they’re angling for a reversal, if not they’ll sell and probably take some massive non voting share of the venture along with a bunch of billionaires.
They won’t sell lol, like why would they? If they truly are owned by the Chinese government why would they sell it to an American company?