ByteDance plans TikTok IPO to win U.S. deal as deadline looms

Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by gman83 on Friday September 18, 2020 @05:10PM (#24521909)

Dom Hofmann, one of the cofounders of Vine launched Byte which is basically a new Vine: https://en.wikipedia.org/wiki/Byte_(app). I don't know if it's catching on though. I guess if TikTok does get banned we'll see a mass migration somewhere.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by m-p-3 on Friday September 18, 2020 @08:42PM (#24523570)

There's also Google launching YouTube Shorts, but who knows when they'll send it to Google Graveyard.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by londons_explore on Friday September 18, 2020 @10:08PM (#24524236)

Google Graveyard is in maintainance mode, and is not accepting new burials I'm afraid.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by axaxs on Friday September 18, 2020 @10:19PM (#24524300)

They could not have picked a worse name. No kid is gonna say 'find me on shorts.'

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by dzhiurgis on Saturday September 19, 2020 @07:02AM (#24526581)

Maybe some kid with 10 years of C++, kubernetes and tensorflow experience will

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by est on Saturday September 19, 2020 @02:01AM (#24525507)

> I guess if TikTok does get banned we'll see a mass migration somewhere.

Mass migration to Canada Tiktok.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by iamcreasy on Friday September 18, 2020 @05:26PM (#24522037)

I don't keep up with the new social media - but I am wondering why TikTok succeeded where Vine failed?

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by umeshunni on Friday September 18, 2020 @05:32PM (#24522091)

I also think 30 seconds is just long enough to tell a meaningful story rather than Vine's 6 seconds which was only useful for short-form comedy.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by adjkant on Saturday September 19, 2020 @03:15AM (#24525780)

And note it's 60 seconds, so even more so

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by notatoad on Friday September 18, 2020 @11:52PM (#24524856)

The music licenses are a big deal - you can put actual popular music in your tiktoks and not have to worry about it being taken down.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by ksec on Saturday September 19, 2020 @03:18AM (#24525792)

Is the 30 Second rule applicable World Wide? Just wondering.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by Bayart on Friday September 18, 2020 @07:48PM (#24523031)

I haven't tried it but everybody says TikTok's magic ingredient is the AI behind recommendations.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by timemct on Friday September 18, 2020 @05:32PM (#24522092)

Vine launched in 2012. There probably wasn't a critical mass of mobile phone owners, specifically teens, at that time. The iPhone hit the market only five years earlier.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by canada2020 on Friday September 18, 2020 @05:30PM (#24522073)

Better recommendation engine

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by amelius on Friday September 18, 2020 @07:38PM (#24522930)

Or actual people doing the recommendation?

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by wzsddtc on Friday September 18, 2020 @07:50PM (#24523046)

You are right to a degree. Vine at its peak had less than 30 engineers total and at most 1 person working on the "engine".

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by ev1 on Friday September 18, 2020 @09:59PM (#24524190)

Think also about how much data plans and smartphones cost in 2012, particularly ones centred around video streaming

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by someelephant on Friday September 18, 2020 @05:40PM (#24522150)

It's difficult to understand why Microsoft wouldn't buy this. With some clever marketing I'm sure they could grow the username rapidly and it would cost less than 1% of whatever TikTok would cost.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by DLay on Friday September 18, 2020 @07:56PM (#24523089)

Bytedance paid $1 billion in advertisements in 2018. Anyone remember how annoying and ubiquitous their ads were?

That was on top of purchasing Musically for $800m, partially for their existing U.S. user base.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by jonas21 on Friday September 18, 2020 @07:14PM (#24522772)

Why? The hard part isn't building a Vine or TikTok clone. It's getting 800M people to come and use it.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by ffk on Friday September 18, 2020 @06:21PM (#24522433)

They tried, but apparently the sale was blocked due to AI export control laws in China.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by cercatrova on Friday September 18, 2020 @07:46PM (#24523006)

Really depends. They made and then shut down Mixer, their Twitch competitor, because no one was using it.

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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by changoplatanero on Friday September 18, 2020 @06:48PM (#24522598)

i think he means why didn't they buy the rights to the name "vine"

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