this post was submitted on 27 Apr 2024
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[–] Fisk400@feddit.nu 1 points 1 year ago

They would say that at this stage. They are still working on getting the law overturned by courts and threat of shutdown mobilizes people against the law in a way that selling it wouldn't.

When the time comes to shut down they will probably do some paper work fuckery that technically makes it an Irish company but doesn't change the people in the company.

[–] lipilee@feddit.nl -2 points 1 year ago (2 children)

while i'm obviously sure it's a bluff, pulling out instead of selling would be the clearest admittance that tiktok is (or at that point: was) not about the profit, but about Chinese influence in the US. the message being "we rather leave a hudred billion dollars on the table than give away our surveillance technology to some US company."

but yeah, they will def. sell if they need to.

[–] Aux@lemmy.world 0 points 1 year ago

It's more like their US profits are no match for their Chinese profits. Social media use in China and other Asian countries dwarfs US use.

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[–] adam@doomscroll.n8e.dev -2 points 1 year ago

Let's be honest, this is only their outlook until the courts make their decision. They'll sell if that doesn't go in their favour.

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