this post was submitted on 25 Apr 2024
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[–] Womble@lemmy.world 63 points 7 months ago (47 children)

Isnt that pretty damn suspicious? We'd rather just shut down than sell it as a going concern?

[–] Max_P@lemmy.max-p.me 60 points 7 months ago (9 children)

It's obviously pretty valuable. How would we feel if say, China decided Microsoft/Google/AWS/Oracle had to sell to a Chinese company on the grounds of national security? They'd rather pull out too, despite China being a very large market too. Or what happens if other countries starts demanding the same?

Pretty sure ByteDance would rather keep their IP.

And if they sell, do they keep the rights for the other countries or it belongs to the US now?

[–] vinniep@lemmy.world 21 points 7 months ago (1 children)

How would we feel if say, China decided Microsoft/Google/AWS/Oracle had to sell to a Chinese company on the grounds of national security?

But no one is saying that ByteDance has to sell TikTok to a US company. Just divest it to an owner that is not beholden to the Chinese government and obligated to share any and all data upon request. Compared to the legal requirements that China puts on US companies operating in China, this is a pretty tame ask.

[–] yaaaaayPancakes@lemmy.world 0 points 7 months ago

Yeah but the 5 Eyes and their friends are everywhere outside of the CCPs borders. So if they really don't want to let the US have that algorithm, and probe the interfaces the CCP propaganda arm used to access the TikTok backend, there's few places overall that have a reason to buy it, and can also afford it.

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