News for hackers. Stuff that matters.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by patrickaljord on Saturday August 01, 2020 @01:31PM (#24022292)
TikTok is not overhyped, it is here to stay, that's why they want to ban it. It's still growing like crazy and is way way more entertaining than any other social network by a long shot.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by dkersten on Saturday August 01, 2020 @02:09PM (#24022612)
> it is here to stay

That's what I heard about plenty of social platforms like this. Everyone thought Vine was here to stay too. Everyone thought Myspace was here to stay. Snapchat was huge at one point and now I no longer know anybody who still uses it. Maybe it will be like Facebook, but there's a big chance it won't. It's huge now, but its still relatively niche appeal in the grand scheme of tings. These things appear to be fickle. We will see.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by trca on Saturday August 01, 2020 @02:41PM (#24022838)
Just because you don't know anyone that uses Snapchat doesn't make that an authoritative source on popularity of a company. Snap's user base has grown consistently and show's no signs of slowing down, even against increase competition in the space (https://www.statista.com/statistics/545967/snapchat-app-dau/). TikTok is the "Vine replacement" since Vine was bought by Twitter and shutdown. Vine wasn't a "fad" that faded away, it was actively shutdown by its parent company, likely would still exist to this day in a non-insignificant way had that not happen.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by mike00632 on Monday August 03, 2020 @01:59AM (#24034623)
SnapChat still isn't profitable. After these years they still haven't figured out how to best monetize their platform are are sustained by their IPO money.

Vine was absurdly popular but couldn't figure out how to monetize short-form video content. I don't see how TikTok is going to overcome these same challenges.

Even YouTube had a long and slow road to profitability. Video is hard.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by dkersten on Saturday August 01, 2020 @05:20PM (#24023993)
Well, I used to know many people who used it and they have all stopped. I wasn’t basing it on “I don’t know anyone who uses it” but rather “everyone I know who used I no longer does”.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by skohan on Saturday August 01, 2020 @02:54PM (#24022948)
Why did twitter shut it down?
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by giancarlostoro on Saturday August 01, 2020 @03:11PM (#24023082)
They never monetized it despite Vine getting people to join Twitter.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by moscovium on Saturday August 01, 2020 @02:39PM (#24022818)
> Everyone thought Vine was here to stay too.

Vine was loved and was shut down by a part time CEO.

> Snapchat was huge at one point and now I no longer know anybody who still uses it.

People under 25 still love and use snapchat.

Tiktok has 80 million MAUs, and is becoming the tool of cultural influence in the same way the Instagram did. I wouldn't underestimate the staying power of tiktok.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by rsa25519 on Saturday August 01, 2020 @04:52PM (#24023819)
> Vine was loved and was shut down by a part time CEO.

Yep. Then the community moved to Musical.ly, then to TikTok. Although the company is gone, Vine is still around in spirit. And I think the same applies to TikTok, too

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by op03 on Saturday August 01, 2020 @02:56PM (#24022965)
They are fickle sort of like a Hurricane. Feels like over the last 20 year we have learnt how to scale things up quick i.e. spin up a hurricane.

What the hurricane does after its created or whether its controllable at all no one really knows. Making room for the type of characters who will claim they can control hurricanes. Expect these people to show up and disappear as these hurricanes spin up and fizzle out.

That said, I just hope figuring out whether hurricanes can be controlled doesn't take too many more years, and happens without too many more unpredictable side effects.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by odyssey7 on Saturday August 01, 2020 @03:10PM (#24023074)
> Maybe it will be like Facebook

Speaking about Facebook the website (separate from Instagram and WhatsApp), I'd give it 50/50 odds that a major decline in market position will start by 2030. If it doesn't happen, it will be attributed to very strategic leadership.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by wolco on Saturday August 01, 2020 @06:20PM (#24024392)
In 2030?

I'd be surprised if aws was around.

If a new phone os didn't take over (at least on the android side)

I'd be surprised if the web wasn't still powered by php

I would be surprised to see rss version 23 make a come back.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by m3kw9 on Saturday August 01, 2020 @01:36PM (#24022333)
The type of entertainment TikTok provides is getting tiring. Is like fb videos on turbo. Sugar high can only last so long
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by akhilcacharya on Saturday August 01, 2020 @02:49PM (#24022907)
I'm 24 and my iPhone tells me I spend 2 hours on TikTok a day. This is up from about a year and a half ago, when i consumed it exclusively in YouTube compilations.

Their targeting and algorithmic curation is extremely, scary good.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by Kelteseth on Saturday August 01, 2020 @01:42PM (#24022386)
Maybe you are just not the target audience here? YouTube also has videos like TikTok and it still has a bazillion users...
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by eugeniub on Saturday August 01, 2020 @02:02PM (#24022556)
Yeah the TikTok core audience and the Hacker News crowd have maybe a 1% overlap.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by WilTimSon on Saturday August 01, 2020 @01:54PM (#24022488)
Well, YouTube's core audience isn't going there for TikTok-style content (no judgement on that content either way.) They mostly come for vlogs, let's play's, tutorial videos, video essays, etc.

Also worth noting that YouTube is a money sink so it's not like it's the most lucrative business model.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by xzel on Saturday August 01, 2020 @02:12PM (#24022631)
I've heard the argument a few times YouTube actually loses money, besides just being a money sink. Does anyone have anything from Google talking about margins or profit/loss of youtube? I've never been able to find anything concrete on the issue. This is the best I've ever been able to find [1]

1. https://www.theverge.com/2020/2/3/21121207/youtube-google-al...

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by hourislate on Saturday August 01, 2020 @03:07PM (#24023045)
It exposes the level of mental illness in America and around the world.

You have teens threatening to kill themselves if it gets banned. What will all these girls do if they can't get some attention and a dopamine hit every few hours. Woman are taking to Tik Tok and posting farewells crying and dancing. Some are even threatening the President.

The app is poison but perhaps it's no worse than Insta, Twatter and FB and all social media.

How many lives this shit ruins everyday, little by little is unimaginable. People living in the digital world instead of the real one.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by pm90 on Saturday August 01, 2020 @04:59PM (#24023858)
Please don’t bring this kind of holier than thou preaching to this forum. Just because you’re not the target audience doesn’t mean you can call the users as being “mentally ill”. ALL humans crave dopamine hits (what brought you to this forum?).

Dance and music is how a certain demographic of humanity lives to express themselves, and there is an app that lets them do so. What the hell is your problem? Who are you to take it away from them?

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ledmirage on Thursday August 13, 2020 @09:04PM (#24151988)
just because people crave for dopamine hits so we should allow all kind of things? maybe we should allow durgs/heroin as well ? you do understand there are different consequences when you addicted to different things right, dancing vs estacy ? not to mention the potential privacy / national security issue with this app
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by wolco on Saturday August 01, 2020 @06:33PM (#24024477)
You are not the target audience of his comment.

I appreciated the comment. It exposed me to something I didn't know was going on.

With regards to "who are you to take it away from them..."

I don't think the parent poster has that power.

The president does and he may ban it to protect users privacy.

Some people are parents of kids who use it and they would have the right to limit where and how their children can express themselves.

Countries like Egpyt are putting girls in jail for dancing on tiktok.

This has all of the making of the next footloose.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by pm90 on Sunday August 02, 2020 @12:39AM (#24026394)
The President does not have the power to ban an Internet service. He may order executive agencies to investigate the company and take action based on what they find. There is no (non emergency) statute that allows the President to unilaterally shut down the service.

Parents of kids do have the authority to curtail their children’s online presence. This is not limited to TikTok, it is a common theme across all social media properties.

What Egypt does should not affect what technologies are permitted in the US. China bans Google and Facebook. Should we ban it too? This line of reasoning makes no sense.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by hourislate on Saturday August 01, 2020 @05:47PM (#24024173)
>what brought you to this forum?

I am only here for information/educational reasons, not entertainment. This is more about educating my mind.

>Dance and music is how a certain demographic of humanity lives to express themselves, and there is an app that lets them do so. What the hell is your problem? Who are you to take it away from them?

Maybe you haven't seen all the videos of young ladies threatening to kill themselves if the President goes through with it. Or the 1000's of people who have come to name calling and threats against the President.

I don't find that normal and I have a problem with it.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by pm90 on Sunday August 02, 2020 @12:32AM (#24026359)
> Or the 1000's of people who have come to name calling and threats against the President.

Interesting that you would have an issue with “name calling” and “making threats” when that is all that the current POTUS does on Twitter. That is also a person who has real power, so the threats are not idle. By your own measure, Twitter should be banned before tiktok.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by phatfish on Saturday August 01, 2020 @09:02PM (#24025405)
Maybe Hacker News is next on Trumps ban list. Would you be happy about that?

Also, I would think carefully how productive your time spend here really is. Is surfing and commenting on HN providing any substantial "education"?

Personally i find it an entertaining way to waste some time, that does now and then enlighten me on a topic I didn't know about before, and have cause to want to learn more. But any real knowledge gained is through effort outside of HN.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by summitsummit on Saturday August 01, 2020 @08:52PM (#24025329)
if my life is going to get ruined anyway, I'd prefer to choose the option to pick my poison than to take the government/corporate mandated one.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by CPLX on Saturday August 01, 2020 @01:43PM (#24022390)
The most successful global consumer-facing company in world history sells sugar water.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by reaperducer on Saturday August 01, 2020 @01:56PM (#24022510)
If you mean Coca Cola, you're wrong.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ascar on Saturday August 01, 2020 @04:33PM (#24023683)
If anything he would mean Pepsi, which is twice as big as Coca Cola (based on revenue). However, that you immediately think about Coca-Cola speaks for their superior branding.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by learc83 on Saturday August 01, 2020 @05:03PM (#24023889)
Is that based on soft drink revenues or because Pepsi owns dozens of other non soft drink companies?
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by hackstack on Saturday August 01, 2020 @02:39PM (#24022824)
Can you support this with a counter example? This statement by itself is a bit of a tease!
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by oblio on Saturday August 01, 2020 @04:28PM (#24023638)
If he's basing his comment on the source, he probably means that Apple has a higher market cap.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by tmathmeyer on Saturday August 01, 2020 @10:48PM (#24025910)
why? coke is easily the most recognized brand on the planet.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by rvz on Saturday August 01, 2020 @02:23PM (#24022709)
The problem is with this specific demographic is they will grow out of TikTok and eventually stop using it due to fatigue or strange reasons like their parents joining in.*

This happened with Snap, Vine, YikYak, etc. They will just move on to the next social network craze that doesn't have their parents, grandparents or their next door neighbours friending you. Rinse and repeat.

* The exception to this rule is unless your parents is a Kardashian / West, Musk, or an Obama or some other famous celebrity.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by shigawire on Sunday August 02, 2020 @08:45AM (#24028356)
YikYak killed itself with changes that no on wanted or needed. Vine was killed by Twitter.

Otherwise I agree in principle but your examples aren't good.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by cscurmudgeon on Saturday August 01, 2020 @02:19PM (#24022684)
> TikTok is not overhyped, it is here to stay

The only constant in social apps is that the "apps that are here to stay" do not stay.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by enricozb on Saturday August 01, 2020 @03:02PM (#24023000)
> it's here to stay

Would you be surprised if it just disappears in a year or two, like Vine, Orkut, Myspace, and other "giants" of their day did? I personally wouldn't because these things just come and go. I think it's really hard to make the claim that "it's here to stay".

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by untog on Saturday August 01, 2020 @01:42PM (#24022384)
Couldn’t you have said the same about Snapchat a few years ago? Not that it’s about to shut down, but it’s definitely not the white hot app it was hyped to be.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by skohan on Saturday August 01, 2020 @03:01PM (#24022995)
Snapchat is a very different use-case. Snapchat was built on being a sort of anti-social-media. It's all about ephemeral content, and not making it easy for content to be shared widely. TikTok has a lot more going for it in terms of intrinsic properties built around bringing more users into the platform. Snapchat is about having a more low-pressure online presence, TikTok is a "look at me" platform.

TikTok is a lot more analogous to Instagram: where Instagram used filters to allow normal people to create much more appealing photos, TikTok's music licensing allows average users to create videos with a much stronger emotional appeal than they can get on other platforms.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by patrickaljord on Saturday August 01, 2020 @01:53PM (#24022485)
I've tried Snapchat, never felt the same thing I'm getting with TikTok. TikTok is not being hyped to me, I genuinely get a good laugh out of it everytime I open it. Never had that with Snap or really any other social network. This is huge.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by jaybeeayyy on Saturday August 01, 2020 @02:10PM (#24022622)
I am very torn on this. On one hand, these types of apps do come and go quickly. On the other, everyone I've met that spends time on TikTok thoroughly enjoys the content far more than they ever have on any other app...it's almost a bit bizarre. My fiancee will be in tears laughing for hours some nights and it's unlike anything I've ever seen. My family never shared vines or youtube videos but now our group chat is completely full of TikTok links. I think people are underestimating how much people seriously love TikTok of all ages, races, classes etc.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by dakiol on Saturday August 01, 2020 @02:42PM (#24022850)
I've had exactly the opposite experience. What does your comment and mine tell us? Absolutely nothing.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by zerowangtwo on Saturday August 01, 2020 @04:51PM (#24023810)
I don't think there's ever been a social media platform as widely loved but its users as TikTok, ever.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by untog on Saturday August 01, 2020 @01:58PM (#24022523)
That’s your personal experience. But I can guarantee that if you rewind a few years you’d be able to find many people who would say that Snapchat gave them the kind of experience Instagram never did, or whatever. Snapchat was huge. TikTok is huge. But there’s no guarantee of permenance.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by patrickaljord on Saturday August 01, 2020 @02:10PM (#24022620)
Snap never got to the level of TikTok and it was always really niche but mostly, it required IRL friends to send awkward Snaps too. TikTok doesn't have this limitation and is the lowest friction to entertainment social media ever. Of course, nothing is forever, even Facebook, but as far a these things go, TikTok was in for the long shot.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by yushuf on Saturday August 01, 2020 @03:26PM (#24023182)
People don't realize how addicted a lot of people are to Tik Tok. It's scary in terms of thinking how much time is 'wasted', but in terms of a product, it can reach the popularity of Youtube.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by seppin on Saturday August 01, 2020 @03:14PM (#24023101)
It will suck eventually, politics and boomers will arrive and ruin it.
[dead]
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by mmanfrin on Saturday August 01, 2020 @02:35PM (#24022798)
> or the European Union -- all of whom deny natural rights and are antithetical to the US

Excuse me, what?

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by edgarvaldes on Saturday August 01, 2020 @02:31PM (#24022773)
The EU?
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ta17711771 on Saturday August 01, 2020 @02:55PM (#24022950)
> way way more entertaining than any other social network by a long shot.

ahahaha