I read it as a bluff too.
They’re between a rock and a hard place, their best position is to play hardball and rile up their users.
Yeah, it means nothing to us to leave. We’re losing money!
If that were really the case why are they in the US at all? Because they know they can make money and their market position is strong.
Because China is trying to influence the US and they need to be in the US market for that
This is why the whole situation exists, IMO if there was a reason to believe China is trying to influence united states citizens, then this wouldn’t even be a discussion. There are probably hundreds of Chinese companies that operate in the US, why is tik tok signaled out? Because there’s probably a reason they’re being singled out. It might be nothing, but I’m inclined to think that the people who signed the bill know more than what they’re letting on for national security reasons.
There are probably hundreds of Chinese companies that operate in the US, why is tik tok signaled out?
Because it’s an enormous company with a lot of influence on people. If they actually influence people in that way, I don’t know but they could quite easily.
Personally I don’t care about TikTok.
But they can’t continue to make money this way. It will be seen as control. So they’re stuck creating a competitor or just writing off the US market.
Yeah I think they’re angling for a reversal, if not they’ll sell and probably take some massive non voting share of the venture along with a bunch of billionaires.