ByteDance would rather shut down tiktok than sell it
ByteDance would rather shut down tiktok than sell it
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ByteDance is a private profit-maximising company. What would make most financial sense to them now?
- Leave the profitable US market and continue with less revenue
- Sell everything at fire sale prices to oligarchs connected to the US regime
- Somehow split into a TikTok for the free world and one for Burgerland and just sell the latter to the US oligarchs, thereby exposing their algorithms to the yanks.
And is it likely that the Chinese government would be intervening to get one outcome over another?
-Start a VPN subsidiary, market it heavily in the months they have before TikTok is banned
Aren't Douyin and TikTok fairly separate? I've never actually looked into it.
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