• happybadger [he/him]@hexbear.net
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    5 months ago

    I feel like they’ve got a strong constitutional case. One BBC article I read said that 60% of their company ownership is by global hedge funds so they just plainly aren’t a Chinese company. Singling them out for having dissident information through an act of congress is precisely what the 1st Amendment is supposed to protect against. With the sale supposed to happen in November at the earliest, the red scare will either fade by then or become a much larger issue they can capitalise on.

  • Greenleaf [he/him]@hexbear.net
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    5 months ago

    This might be sincere, but as someone who worked in M&A in a past life, it’s pretty standard to say “I’m not interested in selling” to bluff the price up a bit.

    • Tankiedesantski [he/him]@hexbear.net
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      5 months ago

      My understanding is that the algorithm at the core of TikTok cannot be ecported from China without the approval of Chinese regulators, and it seems pretty likely that they’ll not approve a sale at gunpoint.

      It also makes sense to me that they’d rather just amputate their US operations to preserve their IP and prevent an American competitor from fighting over their market share everywhere else.

      • SerLava [he/him]@hexbear.net
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        5 months ago

        I might be wrong but I think their data centers are in the US and there’s not really that complicated of an algorithm, just a lot of raw data on what each user likes/watches

        • LanyrdSkynrd [comrade/them, any]@hexbear.net
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          5 months ago

          Yeah, I don’t think the algorithms are the valuable part of social media sites. It’s the active users that make up the network effects. Meta has likely already figured out the algorithms already, Instagram reels is struggling because creators go where the viewers are and viewers spend the most time on the platform that has their favorite creators.