Who's likely to buy TikTok? Look how the twitter deal worked out..

[lostnfound]

Axios claims that Bytedance’s nonchinese investors may be most likely: General Atlantic, Sequoia Capital, and Susquehanna International Group.

Trump tried to force it to be sold to Oracle and Walmart.

I don’t do TikTok except for when there’s a link on DU. But I miss the old twitter and never go to the new one.

Which billionaires on which boards will own it? Will it be definitely a public company, or will it be ‘taken private’ and shrouded in mystery?

I’m suspicious of who wants control over it now, and for what purposes.

[speak easy]

1. Nobody.

The CCP has said it will not approve the export of the IP.

[honest.abe]

2. I think its just the algorithm they want to protect.

The rest of it is basic video sharing that most any decent programmer could build. I suspect they (ccp) would approve the sale without the algorithm. Perhaps not as valuable but still quite valuable considering the massive user base.

[edhopper]

3. Algorithm, sure

is that what they call invasive data collection now?

[honest.abe]

4. Yeah, but its what they are doing with the "massive data collection" that makes it somewhat unique.

Apparently it is the most addictive social media video sharing platform. I dont use it but I do watch Youtube shorts which is similar. I can see how it can be addictive if targeted precisely.

[speak easy]

5. the "massive data collection" that makes it somewhat unique.

Facebook is the leader of data collection.

[edhopper]

8. not true

tik tok is more invasive, and you can turn much of FB tracking off.

https://www.cnbc.com/2022/02/08/tiktok-shares-your-data-more-than-any-other-social-media-app-study.html

[honest.abe]

9. No one really knows for sure what's going behind the scenes with our personal data.

Its a risk we all take when we participate in these platforms.

[edhopper]

10. We know

100% that the Chinese Government has access to ALL the data collected by tik tok.
I find that a national threat. So does Congress.

[honest.abe]

11. Yes, I agree.

[getagrip_already]

15. +1

[honest.abe]

12. You left off the first part of my comment...

its what they are doing with the "massive data collection" that makes it somewhat unique.

[speak easy]

7. The Carnegie Endowment says a total ban is most likely.

In the third and most likely scenario, China would outright block any TikTok sale, citing national security concerns, fair competition, and legitimate interests. Such an action could fuel global apprehensions about Chinese government oversight of technology acquisitions by foreign entities. Moreover, Beijing’s refusal to proceed with the deal could prompt Washington to block usage of the application. Despite potential repercussions, Beijing may prioritize political interests over ByteDance’s commercial pursuits. Sacrificing ByteDance’s financial interests in favor of gaining political leverage in Sino-U.S. relations could be a strategic move for Chinese leaders.

Preventing TikTok from being acquired by any American entity, even at the cost of billions of dollars to the company and its Chinese owner, could provide China with an ongoing opportunity to critique the United States.

In order to appease public sentiment at home and prevent the export of sensitive technology, Beijing is unlikely to approve ByteDance’s potential sale of TikTok. Of course, this will come with costs to ByteDance’s business and threaten to escalate tensions with the United States. So far, the Chinese government has signaled that it is willing to bear these risks.

https://carnegieendowment.org/2024/04/11/potential-chinese-responses-to-u.s.-ban-on-tiktok-pub-92188

[Autumn]

6. Whoever it is it will be fucked up and changed.

It's a shame because I really like how it is now. Loony Musk's X has turned into trumps gold diarrhea filled toilet.

[honest.abe]

13. If you are really into that sort of thing, try YouTube shorts. Its similar.

[Buns_of_Fire]

14. Sell it to Eloon. He'll buy anything he can change the name of and screw up.

Then the world can be subjected to another year's worth of news stories starting with "...as posted on X (formerly known as Twitter) and T (formerly known as TikTok), inmate P01135809 (formerly known as Donald Trump) today..."

Hey, if you're paid by the word, it's a good deal.