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TikTok Facing U.S. Ban on January 19 After Supreme Court Upholds Law
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Biden already blinked. There is no reconsidering. China already doubled down passing a law preventing the algo from being exported and sold. Nobody will buy a shell of a company when the algo can simply be moved to a new app and get full traction.
well now that PS5 is not longer sold out, scalpers gotta find something
That's an issue but the SCOTUS unanimously upheld Congress's broadly bipartisan action as Constitutional. That doesn't address the details of the specific national security concerns, but it does suggest something is concerning. ByteDance and the U.S. government negotiated for years across multiple administrations without a clear resolution to the concerns. If this was more of a single party pushing for this, that's likely more of a "trust me, bro" situation.
Edit (not directed at who I was replying to): I recommend people commenting read the opinion(s). It's quite fascinating: https://www.supremecourt.gov/opinions/24pdf/24-656_ca7d.pdf
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that sure would be nice, and that would also shut the entire ad industry practically down, which would be fine by me, but, as I was told yesterday in a post here, ads tracking you is a useful “feature”
Meanwhile, TikTok users are moving to the new TikTok called Lemon 8 which is owned/operated by... TikTok 🤣
TikTok pushes users to sister app Lemon8 ahead of potential ban
Lemon8 could similarly face a ban under the same law that could ban TikTok.www.nbcnews.com
Yeah, when a company like this is subverting a ban and encouraging users to sign in to another app made by them, that wreaks of desperation. They want your data. They want the advertising money. The entire company's portfolio of apps should be shut down.
Interesting analogy. Whatever concerns you or someone else has about this ban from a First Amendment perspective, the ban was upheld unanimously by the Supreme Court as constitutional. If anyone still thinks it's against the First Amendment after their ruling, those people better have some solid reasoning and understanding of the Constitution and legal precedent that the 9 ideologically diverse Supreme Court justices (and all their clerks) didn't have. Sotomayor and Gorsuch wrote their own opinions where they offered different opinions about some matters, but they still concurred that the ban did not go against the First Amendment. ByteDance also failed along the way to have any judge buy their First Amendment arguments.
Put this all together, and it's a good sign that this ban is completely in line with the First Amendment.
Now whether banning was the correct thing to do, is a different matter. I like what Justice Gorsuch wrote in his concurring in judgment opinion: "Even what might happen next to TikTok remains unclear. See Tr. of Oral Arg. 146–147. But the question we face today is not the law’s wisdom, only its constitutionality."
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The GOAT, our Imperator Commander in Chief, will decide! Some hotel licenses might speed up the deal making.
Anyone that uses a social media app to the point where they are brainwashed by a foreign government has serious issues. And anyone that thinks this is worse than Facebook, Twitter, etc., should contemplate where the data is going and what it's used for.
I feel sorry for America.
I feel sorry for America.
Quick google search shows analysts estimating its value at well over $100b and possibly over $200b. Seems reasonable to guess that a sale would net hundreds of billions.
Foreign adversary. What a load of nonsense.
Either way this will be good for the world - social media is a curse and should be binned as a failed experiment.
Either way this will be good for the world - social media is a curse and should be binned as a failed experiment.
Those companies aren’t owned and operated by a totalitarian foreign adversary.
The $50 billion value you see is only for TikTok's U.S. operations and excludes their recommendation algorithm.
Thrown in the algorithm and you're looking at up to $200 billion.
How much is TikTok worth?
Wedbush analyst Dan Ives estimates TikTok is worth “well north of $100 billion” with the algorithm — and potentially up to $200 billion in a “best case scenario.”
“Without the algorithm it’s $40 billion to $50 billion,” Ives said, adding he does not believe that ByteDance and Beijing would sell TikTok with the algorithm.
It will just be replaced with something else, which I believe is already happening.
I think the issue is the confirmation that all Chinese owned companies must comply with the CCP. Not saying that’s any different than what all of the US companies do for the US Government. It’s sad what has happened to our data everywhere. From credit services to insurance, they all have spilled, been hacked or straight up sold our data. It’s money that wins. I mean this means more likely a US company can make a relevant replacement? But since it’s only US, the world won’t care and it will be just like China having a firewall not allowing their citizens to access US companies so their data isn’t sold.
I think it goes all ways. Personally, I think I like that it’s banned, but from a marketing and influencer standpoint a lot of people just got poorer. I suppose Zuckerberg wanted this, as did Microsoft and YouTube. These platforms will all try to be the next replacement in the US. Problem is in the US, all the money goes to shareholders not the people doing the work.
This bar would also be manipulating the views of the customers through the flyers posted on the walls and videos playing on the TVs.
Those numbers assume worldwide users and the propriety algo, neither of which would be part of a US-owned platform.
Biden wanted to ban. Trump wants to ban. This is bipartisan and I dont know enough to know why. But TikTok has been demonstrated to be associated with decreasing pysch health in teenage girls so at the least it needs age restrictions.
TikTok has the same age restrictions (for ages 13 and up) as Facebook, Instagram, Snapchat, Twitter/X, Pinterest, Reddit, Discord, Twitch, YouTube, etc all have.
Unfortunately there is nothing he really can do since this ban has super majority bipartisan support from congress and any executive order can basically be overridden by congressional action, which I believe they will in interest of national security.
China will likely retaliate hard against US with massive trade sanctions. Say goodbye to new Apple products because likely China will ban any exports to US as retaliation, and ban any US companies from doing business.
But our government wants to make a decision for me is wild. I am not a baby. Tell me the risk and let me decide it.
It's not just a risk to you. TikTok is a risk to any person within recording distance of your phone's mic and camera, especially high-profile people.
Who remembers when everyone was calling China a Totalitarian Regime for banning Google and YouTube?
Pepperidge Farm remembers.
Pepperidge Farm remembers.