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A comment on TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources. Parent comment

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by dasimon on Saturday August 01, 2020 @12:21PM (#24021652)
The split would likely be Douyin (TikTok China) vs. TikTok for the rest of the world. The business is already structured that way- ByteDance operates Douyin directly but TikTok operates through a subsidiary.
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Re:TikTok’s Chinese owner offers to forego stake to clinch U... by dannyr on Saturday August 01, 2020 @12:25PM (#24021704)
They are divesting the US operations though. So basically different owners for US, China and the rest of the world.
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Re:TikTok’s Chinese owner offers to forego stake to clinch U... by kyawzazaw on Saturday August 01, 2020 @12:44PM (#24021862)
What does that look like?

For example, different engineering departments

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Re:TikTok’s Chinese owner offers to forego stake to clinch U... by sukilot on Saturday August 01, 2020 @12:58PM (#24021983)
They could set up an IP cross licensing agreement for software.
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Re:TikTok’s Chinese owner offers to forego stake to clinch U... by rtx on Saturday August 01, 2020 @01:07PM (#24022066)
US operations alone cant be valued at 50 billions.
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Re:TikTok’s Chinese owner offers to forego stake to clinch U... by 0xy on Sunday August 02, 2020 @03:48AM (#24027110)
The subsidiary is for legal purposes only, all of the tech is built and operated from China and is subject to Chinese laws.

In fact, even after divestiture this will be the case for some time. The Chinese entity holds the IP to the algorithms and other underlying technology that make Tik Tok as viral as it is.

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