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A comment on Biden signs TikTok 'ban' bill into law, starting clock for ByteDance to divest. Parent comment

Re:Biden signs TikTok 'ban' bill into law, starting clock fo... by rzz3 on Thursday April 25, 2024 @01:00AM (#40153603)
It’s alarming to me that you think the owners of arguably the most successful social media company in the world would sell it only to appease a single country. It comes off as a typical American perspective of thinking they’re the center of the world. At TikTok’s current global growth rate, they could exceed the entire user base of the USA in just a few months. I’m not sure how that user share corresponds to revenue as I’d assume the US is a lucrative market,but I just don’t see it. And TikTok has directly said they won’t be divesting.
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Re:Biden signs TikTok 'ban' bill into law, starting clock fo... by peanuty1 on Thursday April 25, 2024 @04:15AM (#40154829)
How much of their revenue comes from Europe and Asia though? American users are much more valuable than Greek or Spanish users for instance.
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Re:Biden signs TikTok 'ban' bill into law, starting clock fo... by psychoslave on Thursday April 25, 2024 @05:01AM (#40155123)
A propaganda tool doesn’t need to be immediately financially profitable though, that’s not their expected main outcome (though I guess that can be a nice bonus).
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Re:Biden signs TikTok 'ban' bill into law, starting clock fo... by kranke155 on Thursday April 25, 2024 @07:26PM (#40164305)
You being downvoted seems to be a reflex of HN hive thinking that a Chinese company could be “just a company”
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Re:Biden signs TikTok 'ban' bill into law, starting clock fo... by xvector on Thursday April 25, 2024 @04:31AM (#40154942)
The US is typically more profitable than all the other countries combined, as people here have far more disposable income after all expenses, and are more inclined to spend it.
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Re:Biden signs TikTok 'ban' bill into law, starting clock fo... by j0hnyl on Thursday April 25, 2024 @03:08PM (#40161708)
The advertising market in the US pretty much eclipses the whole rest of the world, so yes the owners are very likely to sell it to appease a single country.
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