kinther@lemmy.world to Technology@lemmy.worldEnglish · 2 years agoByteDance prefers TikTok shutdown in US if legal options fail, sources saywww.reuters.comexternal-linkmessage-square60linkfedilinkarrow-up1317arrow-down16cross-posted to: technology@lemmy.world
arrow-up1311arrow-down1external-linkByteDance prefers TikTok shutdown in US if legal options fail, sources saywww.reuters.comkinther@lemmy.world to Technology@lemmy.worldEnglish · 2 years agomessage-square60linkfedilinkcross-posted to: technology@lemmy.world
minus-squarewise_pancake@lemmy.calinkfedilinkEnglisharrow-up45arrow-down3·2 years agoI read it as a bluff too. They’re between a rock and a hard place, their best position is to play hardball and rile up their users. Yeah, it means nothing to us to leave. We’re losing money! If that were really the case why are they in the US at all? Because they know they can make money and their market position is strong.
minus-squareMaggoty@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·2 years agoBut they can’t continue to make money this way. It will be seen as control. So they’re stuck creating a competitor or just writing off the US market.
minus-squarewise_pancake@lemmy.calinkfedilinkEnglisharrow-up2arrow-down1·2 years agoYeah I think they’re angling for a reversal, if not they’ll sell and probably take some massive non voting share of the venture along with a bunch of billionaires.
minus-squareWoozythebear@lemmy.worldlinkfedilinkEnglisharrow-up2·2 years agoThey won’t sell lol, like why would they? If they truly are owned by the Chinese government why would they sell it to an American company?
I read it as a bluff too.
They’re between a rock and a hard place, their best position is to play hardball and rile up their users.
Yeah, it means nothing to us to leave. We’re losing money!
If that were really the case why are they in the US at all? Because they know they can make money and their market position is strong.
But they can’t continue to make money this way. It will be seen as control. So they’re stuck creating a competitor or just writing off the US market.
Yeah I think they’re angling for a reversal, if not they’ll sell and probably take some massive non voting share of the venture along with a bunch of billionaires.
They won’t sell lol, like why would they? If they truly are owned by the Chinese government why would they sell it to an American company?