news
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
view the rest of the comments
I can see TikTok calling their bluff and then Gen Z just using VPNs to get around it so now all the ad dollars flow exclusively to Chinese companies instead of American ones
That is what will happen
I'm guessing that 1.7 billion number is prolly off due to bots and defunct accounts, but still, you don't sell your platform for 10% of your market lmao. I'm not sure if the US thought they would honestly back down just because they're America, if they wanted to ban it because they honestly think it's spying on Americans, or what exactly the play here was, but the obvious one (force them to sell to Americans) was laughably stupid and unlikely to happen for obvious reasons.
tbh that 10% of the market probably contributes about ~30-40% of the revenue
Western users typical contribute >10x more revenue than all other users for adtech platforms, and just ~20-30% of users will contribute to 90% of the revenue (my source is my employers' internal analytics dashboard)
Here is Google's (note that rest of world includes all other developed countries too like Canada, Europe, Oceania, East Asia)
Doesn't look like it
Article is more current than the last one too, and that seems to track with what other sources say
That's ByteDance's revenues (the parent company). TikTok is its own subsidiary that can't operate in China
Oh interesting
Do we not really know revenue being generated that is directly attributable to Tik Tok?
This was in fact brought up by Republicans questioning the CEO of TikTok. They asked him why (or said it was unfair that) the Chinese version of TikTok shows stuff like science, math, and limit children's usage of the app but the American one shows only mind numbing content lol (some of which he defined as pro Hamas, anti American content)
He should've said, "content is created by the user, in line with government regulations; the greater the calibre of the user base and the government, the greater the calibre of the content".
It'd be unlikely that Tiktok shares this detailed of financials to us. I'd imagine that Google data above got leaked from a random employee, they have a ton of analytics open to all workers
There's also a better than zero chance US vassals will follow.
I actually don't see this tbh. Unlike India and US, no other Western-aligned country has a domestic industry in this area to protect and the EU really loves to fine tech giants for free money, so TikTok is overall good for them
I don't think 'good for them' is the thing that matters here though. The EU is a massive market for Instagram and we've seen first hand in recent years where EU leadership's loyalties lie.
It's possible they won't follow the US lead but I wouldn't be too surprised if they do.
Good point... I'd imagine the list of countries that would follow is probably similar to the list of countries that banned Huawei
https://www.reuters.com/technology/european-countries-who-put-curbs-huawei-5g-equipment-2023-09-28/
Better off without the Americans on the app anyway. The smarter ones will just use VPNs
If VPN providers are smart, they'll start advertising that you can use TikTok on them.
ByteDance should start selling VPNs as a side business