The House passed this bill, then the Senate, and now President Joe Biden has signed the bill that among other things forces ByteDance to sell TikTok or face a ban. That means that the threat of TikTok being banned in the US has just gotten real for TikTok. Yes, they said that they’re going to fight this bill. But to be honest, the damage has already been done. There have been so many smaller scale bans in various places such as this one, this one or this one that at this point, nobody trusts TikTok. And I am not sure if TikTok can overcome this. That in my mind means that ByteDance which is TikTok’s parent company selling the social media platform might be the only way out.
Who would want to buy TikTok has to be the next question? This article will help with the likely suitors for the social media platform. But if I had billions of dollars lying around, I am not sure that I would buy TikTok. With everything that has gone on, it doesn’t seem to be a good investment that I would make money on. But I as always am free to be corrected on that.
The bottom line is that stuff has just gotten real for TikTok, and it’s over to them and their corporate masters at ByteDance to see how they deal with this.
Game on.
Like this:
Like Loading...
Related
This entry was posted on April 24, 2024 at 12:01 pm and is filed under Commentary with tags TikTok. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Bill Banning TikTok Goes Into Effect… Your Turn TikTok
The House passed this bill, then the Senate, and now President Joe Biden has signed the bill that among other things forces ByteDance to sell TikTok or face a ban. That means that the threat of TikTok being banned in the US has just gotten real for TikTok. Yes, they said that they’re going to fight this bill. But to be honest, the damage has already been done. There have been so many smaller scale bans in various places such as this one, this one or this one that at this point, nobody trusts TikTok. And I am not sure if TikTok can overcome this. That in my mind means that ByteDance which is TikTok’s parent company selling the social media platform might be the only way out.
Who would want to buy TikTok has to be the next question? This article will help with the likely suitors for the social media platform. But if I had billions of dollars lying around, I am not sure that I would buy TikTok. With everything that has gone on, it doesn’t seem to be a good investment that I would make money on. But I as always am free to be corrected on that.
The bottom line is that stuff has just gotten real for TikTok, and it’s over to them and their corporate masters at ByteDance to see how they deal with this.
Game on.
Share this:
Like this:
Related
This entry was posted on April 24, 2024 at 12:01 pm and is filed under Commentary with tags TikTok. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.