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Bullshit.
What would they gain from shutting it down that's worth more than $100 billion?
I don’t think it’s a choice between selling or completely shutting down, it’s a choice between selling and pulling out of the US market. So if they choose not to sell, they’ll still be profiting from operating in the rest of the countries where it’s currently available
Plus VPNs and app sideloading exists and isn't that hard to use in 2024. Never underestimate taking away apps from pissed off zoomers. When i was a kid I went through hell and high water to get access to social media and internet against my parents wishes, including buying a satellite dish I put outside my window that picked up my friend's wifi from a block away.
I am not sure specifically (since the US has multiple bans/Patriot Act 2.0 bills all in play) if the current ban bill being talked about is this one as the "news" sites just keep saying the "TikTok Ban Bill" and not directly saying which one. But at least the HR 686 anti "TikTok" bills mentions that people that are caught using banned apps from listed adversary nations (which the PRC is listed by name) and/or bypassing bans to use the services can be both jailed for 20yrs and a possible fine of one million dollars. It also seems to share a lot of similar items as the other "TikTok Ban" bill, HR 1153
lets see them try to enforce that
If encryption is outlawed, only outlaws will ASp43DNyTLnUWRM9AZ4cdvGPNge/3n5w1ZGYl+Kh1+6ldK3+yMO/5tVbMgLb43UmQj+ulVlOFll3
<15% of Tiktok's monthly user base are American. They wouldn't shut the entire app down, just the US portion, which is already more expensive because they implemented US-only servers and moderation they don't do for other countries in 2022.
Not to mention they have almost 10k US employees, 2k of them being engineers averaging ~400k salaries
Meanwhile senior ByteDance engineers in China make like 100k USD
In the article at least they claim it's the algo itself