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Soup in Teapot

ByteDance offers to forgo stake in TikTok to clinch US deal

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Soup in Teapot

 

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frenchyisback
Posted (edited)

On their knees :jonny5:

The way Trump won

:clap3:

 

Stay on that neck!

No deal!

We want full decoupling!

Edited by frenchyisback

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selenachris

Isnt Byte, vine 2.0

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Illuminati
2 minutes ago, selenachris said:

Isnt Byte, vine 2.0

It's not the same company but TikTok used to be Musically

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Phantom

Why though

 

This makes little sense to me, TTk makes a boat load of money and I'm assuming the shares are profitable even after the PR storm?

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Insanity

What does that mean?

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Elite Four Brad

Isn't this Casey Neistat's former app that he sold to CNN?

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frenchyisback
Posted (edited)
1 hour ago, Phantom said:

Why though

 

This makes little sense to me, TTk makes a boat load of money and I'm assuming the shares are profitable even after the PR storm?

 

58 minutes ago, Insanity said:

What does that mean?

The US, India, Japan & Australia have targeted TikTok as the next Huawei because the company is owned by Chinese Giant Bytedance & thus is required by Chinese law to share all user data with the CCP if asked.

 

TikTok has become too successful in the west and thus too high profile for Bytedance and is more of a liability now as they are bringing the attention (alongside sanctions and bans) of the US & their allies. 

 

Bytedance is tryna get rid of TikTok so that they can go back to doing business (mostly in Asia, Africa & LatinAm) on the low without being the target of the US alliance.

 

So Bytedance is now trying to sell TikTok to a US company.

 

 

Edited by frenchyisback

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Insanity
17 minutes ago, frenchyisback said:

 

The US, India, Japan & Australia have targeted TikTok as the next Huawei because the company is owned by Chinese Giant Bytedance & thus is required by Chinese law to share all user data with the CCP if asked.

 

TikTok has become too successful in the west and thus too high profile for Bytedance and is more of a liability now as they are bringing the attention (alongside sanctions and bans) of the US & their allies. 

 

Bytedance is tryna get rid of TikTok so that they can go back to doing business (mostly in Asia, Africa & LatinAm) on the low without being the target of the US alliance.

 

So Bytedance is now trying to sell TikTok to a US company.

 

 

God please dont let it get banned and done with

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