News for hackers. Stuff that matters.

A comment on Trump gives nod to Oracle buyout of TikTok in US. Parent comment

Re:Trump gives nod to Oracle buyout of TikTok in US by Insanity on Wednesday August 19, 2020 @05:08AM (#24208532)
I think the forced part is because either they sell or stop being available in the US market due to the ban the US threatened with.

So they're not 'forced' to per se - but if they don't sell they'll lose a large part of their market. Or am I wrong?

[edit for clarity]

[ Parent | on HN ]
Re:Trump gives nod to Oracle buyout of TikTok in US by TMWNN on Wednesday August 19, 2020 @05:32AM (#24208654)
>So they're not 'forced' to per se - but if they don't sell they'll lose a large part of their market. Or am I wrong?

Correct.

The US is 10% of TikTok's user base, but accounts for 50% of revenue. Further, most of TikTok's most popular users are American (https://en.wikipedia.org/wiki/List_of_most-followed_TikTok_a...).

[ Parent | on HN ]
Re:Trump gives nod to Oracle buyout of TikTok in US by StavrosK on Wednesday August 19, 2020 @05:13AM (#24208562)
That makes sense, thanks.
[ Parent | on HN ]