Subj : TikTok threatens shutdown
To   : ALL
From : Dumas Walker
Date : Sat Apr 27 2024 10:14 am

>  BYTEDANCE 'WOULD RATHER' TORPEDO TIKTOK THAN SELL IT OFF (2 MINUTE
> READ) [5]

>  ByteDance would rather shut down TikTok than sell the company. The US
> only provides a quarter of TikTok's global revenue and only represents
> 5% of ByteDance's daily active users across all of its media
> platforms. The short deadline to sell would likely put downward
> pressure on any potential sale price, making the option even less
> appealing. Selling the company would mean divesting the algorithms
> that power TikTok and its video recommendations, which raises more
> complications.

Those complications being that whoever got them would find out what all
they've been up to.  PBS did a special about some of the things their
algorithms have been known to do (like shadowbanning minorities and the
elderly -- something that ByteDance does because the CCP wants it that way)
and exposed how the folks at Tik Tok USA apparently had no idea that the
software was even doing that -- which should make you wonder what else it
might be doing that they have no idea about.

Other social media giants may do similar things but, unlike ByteDance, they
are not beholden to the Chinese Communist Party.  I am not certain why that
doesn't bother some people like it should.


 * SLMR 2.1a * One good turn gets all the blankets.
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