Re:ByteDance investors value TikTok at $50B in takeover bid
by hakka-nyu-su on Wednesday July 29, 2020 @04:10PM
(#23991026)
The comparison doesn't seem proportional at all. American tech companies were not forced to sell their technology to European investors in order to avoid their apps being banned in Europe. They were just fined.
Re:ByteDance investors value TikTok at $50B in takeover bid
by AbrahamParangi on Wednesday July 29, 2020 @07:12PM
(#23992586)
The obvious comparison is that American tech companies are forced to do almost exactly that in China. The absence of reciprocity is foolishness.
It is unfortunate that there’s less diversity of competition, but the loss of trust happened for a reason.