Re:TikTok preparing for U.S. shut-off on Sunday
by crimsoneer on Wednesday January 15, 2025 @12:31PM
(#42714076)
I mean, the Chinese government was never going to let the US just take their company at bargain basement prices.
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Re:TikTok preparing for U.S. shut-off on Sunday
by cg5280 on Wednesday January 15, 2025 @12:42PM
(#42714275)
Didn't something similar happen with Grindr? It was Chinese owned and sold without nearly as much excitement. Given the inevitable bidding war from multiple interested parties I would be surprised if they couldn't get a fair price for TikTok
Re:TikTok preparing for U.S. shut-off on Sunday
by kridsdale1 on Wednesday January 15, 2025 @04:38PM
(#42717427)
China didn’t need to fight to keep Grindr because all the value from the acquisition was realized as soon as they ran a database query to compile a list of closeted Republican senators. No need to hold on once you got the spy treasure.
Re:TikTok preparing for U.S. shut-off on Sunday
by lupire on Wednesday January 15, 2025 @06:32PM
(#42718763)
What about future senators?
Re:TikTok preparing for U.S. shut-off on Sunday
by patmcc on Wednesday January 15, 2025 @10:09PM
(#42720610)
Senators have to be at minimum 30, more commonly 50+.
Anyone that's going to be a senator in the next 12 years (at minimum) is already on Grindr if they were ever going to be.
Re:TikTok preparing for U.S. shut-off on Sunday
by moduspol on Wednesday January 15, 2025 @02:30PM
(#42715788)
It wouldn't have been at a bargain basement price if they started trying to sell it when the law passed. It could have been the highest market price they could get from the US's largest buyers.
Obviously they don't have the same leverage when they're otherwise going to be shut off in a few days.
Re:TikTok preparing for U.S. shut-off on Sunday
by redactd on Wednesday January 15, 2025 @12:34PM
(#42714145)
Do you think that ByteDance is primarily concerned with the economic considerations for TikTok, or do you think that it is something else?
Do you think that there is a price at which they would be willing to sell it?