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Re:Walmart Joins Talks to Buy TikTok by subsubzero on Thursday August 27, 2020 @01:14PM (#24295923)
Agree, these buyers remind me of the Steve Buscemi meme where he has the backwards baseball hat and skateboard in tow, asking "How do you do fellow kids?". A really strange group that has no relation to social media at all. What is even stranger is the cost of tikTok should be exceedingly high(70B+), and would wreck the balance sheets of these companies if they do decide on a purchase.
Re:Walmart Joins Talks to Buy TikTok by rich_sasha on Thursday August 27, 2020 @01:19PM (#24295996)
Yes exactly, the price is astronomical, makes my intestines bleed just hearing it. Makes it all the more relevant to ask what's in it for these buyers.
Re:Walmart Joins Talks to Buy TikTok by disgruntledphd2 on Thursday August 27, 2020 @02:36PM (#24297000)
Before all this kerfuffle, my money was on TikTok making facebook-level money in 5-10 years.

They still might, but it looks a lot less likely now.