News for hackers. Stuff that matters.
Re:U.S. opens a national security review of TikTok’s acquisi... by thorwasdfasdf on Friday November 01, 2019 @01:43PM (#21421647)
If they're highering engineers at "20% above Facebook compensation", it really doesn't make sense. In china they could higher roughly 15 top engineers for the price of 1 engineer in the bay area (in China there's an even bigger surplus of engineering talent).
Re:U.S. opens a national security review of TikTok’s acquisi... by logicchains on Friday November 01, 2019 @02:48PM (#21422394)
That's simply not true. A top engineer in China costs at least $100k, no way Facebook is paying its engineers ~$1.5 million. ByteDance is famous for paying high salaries: https://crm.org/articles/3-million-pay-packages-how-a-chines....
Re:U.S. opens a national security review of TikTok’s acquisi... by chrisjc on Friday November 01, 2019 @02:05PM (#21421924)
Makes perfect sense. Poaching FB's (or any competition for that matter) employees potentially makes them easier to compete with and increases the cost for FB to compete.