this post was submitted on 27 Apr 2024
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[–] lipilee@feddit.nl -2 points 6 months ago (2 children)

while i'm obviously sure it's a bluff, pulling out instead of selling would be the clearest admittance that tiktok is (or at that point: was) not about the profit, but about Chinese influence in the US. the message being "we rather leave a hudred billion dollars on the table than give away our surveillance technology to some US company."

but yeah, they will def. sell if they need to.

[–] Aux@lemmy.world 0 points 6 months ago

It's more like their US profits are no match for their Chinese profits. Social media use in China and other Asian countries dwarfs US use.

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[–] adam@doomscroll.n8e.dev -2 points 6 months ago

Let's be honest, this is only their outlook until the courts make their decision. They'll sell if that doesn't go in their favour.

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