• trebuchet@lemmy.ml
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      1 year ago

      But how does that help capitalists make more money by eliminating their competition?

  • scarabic@lemmy.world
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    1 year ago

    There will be a rush of US startups to replace it, and they will all be stage 1 enshittification, so they might actually be good for a while, like TikTok once was.

      • jaybone@lemmy.world
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        1 year ago

        I love how the media has thrown around the word algorithm. They don’t need to sell their algorithm for a competitor to compete. An algorithm produces some result output. So you could easily clone an algorithm without knowing its exact implementation.

        Maybe I know quicksort, but you know mergesort. The customer doesn’t give a fuck which algorithm was used, so long as it’s sorted.

  • SulaymanF@lemmy.world
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    1 year ago

    First, negotiations are not yet over, so they’re hoping courts overturn the ban.

    Second, TikTok is very popular outside the US too, though 40% of ad revenue is in the US. They’d survive.

    • kevincox@lemmy.ml
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      1 year ago

      Even if they do plan to sell they wouldn’t say it. If buyers think that a sale is inevitable they can offer less because they “don’t have a choice” but to sell. If they act as if their plan is to pull out the buyers need to not just make them an offer that is higher than the others, but also high enough to make them reconsider their whole position.

      • rockitude@lemmy.world
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        1 year ago

        This is right on. The best PR right now is to say they’ll never sell. Take a hard line while they challenge the law in court. They can always have acquisition meetings in private, and announce it out of nowhere at the last second if they do find a buyer.

  • Boomer Humor Doomergod@lemmy.world
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    1 year ago

    If the Chinese government is behind this, it’s a great play. Having Joe Biden be “the guy who banned tik tok” would severely undermine his election chances.