The decision process by the Trump government seems to be very childish.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
Is it not the best case scenario seeing as how it would be banned in India and United States under Bytedance? Also, I see America heavily pressuring Europe and Japan to ban the app also.
If Bytedance is compensated properly, I don't see why they shouldn't look at selling it off.
No because the future growth in the rest of the world will be exponential. I don't see the European Union and Japan agreeing to ban the app. America has had so much trouble getting its allies to ban Huawei, let alone TikTok. In fact, I'm skeptical that even the rest of the Five Eyes will go along.
Also there is the loss of invaluable source code and technology. None of the American companies know the algorithms right now. America will be able to steal that technology.
Loaded up NIO at 11.8 during morning dip. Still averaging down. I sold BABA for loss.
I think this used to apply, but not anymore.
The internet has become a trash place. It's just full of trolling and bots now. Got really bad ever since Indians flooded in the web.
Only videos worth watching are educational ones and panda videos.
AssassinsMace
Lieutenant General
It just shows the security concerns for TikTok is a lie. If they're okay with TikTok being sold and becoming a US company, it still has all the Chinese spyware they accused. If they know it exists they would be able to point it out but they show no proof of their accusations. Their concern over TikTok is its success as a Chinese company and nothing else. It just shows how more successful it is after going through the gauntlet of US paranoia and beating the best US companies.
Huawei is banned in Japan and the five eyes. In the European Union, a hard ban isn't present but most of their respective governments are discouraging their telecom companies from using it which is practically a ban.
The rest of the world is South America, Africa, the Middle East and SEA. They might be growing, but how much ad revenue would they even potentially be able to generate in a reasonable time frame? Keep in mind that Facebook is trying to roll out their version of Tiktok and with the geopolitical tensions rolling around, I see the Facebook backed version coming out on top outside of China.
I don't think Tiktok's algorithm is so advanced that the trillion dollar silicon valley tech companies are clamoring to steal it. Tiktok just has a first movers advantage at this point which is why it has the market share.
In your worst case scenario, the ad revenue from the rest of the world will still be enough to make TikTok more valuable than a sale.
Anyways, TikTok isn't actually that important strategically. So I don't worry much about it being banned in one country or another country.