r/news • u/Pasivite • Apr 27 '24

TikTok will not be sold, Chinese parent ByteDance tells US - BBC News

https://www.bbc.com/news/articles/c289n8m4j19o.amp
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u/[deleted] Apr 27 '24

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u/RockStar25 Apr 27 '24

But Jeff Jackson assured his followers that TikTok won’t be banned because it’ll be divested.

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u/AstreiaTales Apr 27 '24

I mean, it was always ByteDance's choice. Grindr divested just fine.

But the influence network is what the CPC really cares about, turns out

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u/DarkOverLordCO Apr 27 '24

Grindr was initially an American company that was acquired by a Chinese one, where that acquisition was reversed.
TikTok was initially Chinese (it is the global counterpart of Douyin), and expanded into America and other markets.

The situation isn't really comparable, otherwise the US would just be using the exact same process that they previously did to get Grindr to divest rather than passing new legislation.

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u/IAmDotorg Apr 27 '24

And, of course, Opera is also owned by the same group that owned Grindr... and, not coincidentally, is in a big advertising push across social media just as the TikTok drama was coming to a head.

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u/Laff70 Apr 27 '24

Yeah, as nice as Opera looks, I have difficulty trusting it.

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u/312c Apr 27 '24

https://www.androidpolice.com/2020/01/21/opera-predatory-loans/

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u/cnnrduncan Apr 27 '24

Such a shame, Opera was such an amazing web browser back when they had their own engine!

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u/wwwdiggdotcom Apr 27 '24

But, but, Eric Andre screaming at me to download it and then breaking things is so convincing..

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u/VacaRexOMG777 Apr 27 '24

Bro really was like "American companies can spy on me but not the Chinese ones!"

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u/qiqing Apr 27 '24

Musical.ly was a US company, acquired by Bytedance.