this post was submitted on 11 Jan 2025
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I agree with and support TikTok being banned as I believe it’s a detriment to society, and the sole reason why I’m okay with the government doing it is because they refuse to sell the company to some shell US one which would be more privy to our government’s oversight. If ByteDance were in it for the money, selling to a US shell company and trying to get as much money back to China as possible from the #1 social media app in the world would be THE priority. They flatly refuse to sell, so it’s not about the money, and that’s suspicious to me.
It might be a little suspicious but even if ByteDance was trying to sell TikTok, there’s a pretty short list of potential buyers that could raise $300bn and wants to buy a social media company.
Chinese law forbids them from selling
Yes. Red flags all around