Re:TikTok and the Sorting Hat
by aqme28 on Tuesday August 04, 2020 @10:40AM
(#24050443)
I think OP's point is that the American startup that could have turned into what TikTok is today (Vine) was bought only so it could be shut down.
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Vine was acquired pre launch. It was launched and allowed to run for a good amount of time before being shut down.
Twitter isn't an example of a well run company considering the alienating things they have done to third party devs but I wouldn't call this an effect of monopoly. Even ByteDance acquired Musical.ly which became Tiktok, they just had a clear idea of what to do with it.