Re:TikTok says it is restoring service for U.S. users
by hollerith on Sunday January 19, 2025 @05:39PM
(#42762799)
Why is Tiktok US no longer worth $10 billion or so?
Why wouldn't American investors still want to buy it?
My guess is that American investors would want to buy it, but want the algorithm, but ByteDance is not willing to sell the algorithm out of fear that sharing it would degrade its competitive position outside the US.
They should have seen a law like this being passed coming years ago. That is more than enough time to divest.
Too late now for them, I guess. They can take the financial hit for being so bad faith.