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ByteDance prefers TikTok shutdown in US if legal options fail, sources say (www.reuters.com)

submitted 7 months ago by kinther@lemmy.world to c/technology@lemmy.world

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[–] Buttons@programming.dev 38 points 6 months ago (17 children)

If ByteDance is a normal company they will seek profits and sell for as much as they can.

But if TikTok is a Chinese psyop, they'll just use any of the many legal tricks we allow to change the "owner" while China still retains control. Companies do this all the time, look at shell companies and such. It's super easy for China to mask the true owner if they decide to.

This is why we should make broadly applicable regulations instead of picking on one specific company.

[–] ahriboy@lemmy.dbzer0.com 1 points 6 months ago

Then Weibo and WeChat will geoblock US in response to TikTok ban.

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