kinther@lemmy.world to Technology@lemmy.worldEnglish · 2 months agoByteDance prefers TikTok shutdown in US if legal options fail, sources saywww.reuters.comexternal-linkmessage-square51fedilinkarrow-up1385cross-posted to: technology@lemmy.worldtechnology@lemmy.world
arrow-up1385external-linkByteDance prefers TikTok shutdown in US if legal options fail, sources saywww.reuters.comkinther@lemmy.world to Technology@lemmy.worldEnglish · 2 months agomessage-square51fedilinkcross-posted to: technology@lemmy.worldtechnology@lemmy.world
minus-squareBananaTrifleViolin@lemmy.worldlinkfedilinkEnglisharrow-up52·2 months agoMakes sense from a business point of view. Why sell to create a new competitor with the same technology and an impregnable market base in the USA? Better to force US competition to start from scratch.
minus-squareOldWoodFrame@lemm.eelinkfedilinkEnglisharrow-up4·2 months agoFor money. Whoever buys it has to pay you for it. Shutting down just means leaving a gaping hole in American social media that some other company will fill and you’ll be in the same position but with less money.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months agoYouTube/IG are hardly starting from scratch. But they don’t have the international reach of TikTok.
Makes sense from a business point of view. Why sell to create a new competitor with the same technology and an impregnable market base in the USA?
Better to force US competition to start from scratch.
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For money. Whoever buys it has to pay you for it. Shutting down just means leaving a gaping hole in American social media that some other company will fill and you’ll be in the same position but with less money.
YouTube/IG are hardly starting from scratch.
But they don’t have the international reach of TikTok.