ByteDance Prefers Shutdown to Selling TikTok
Listen now
Description
ByteDance, the Chinese parent company of TikTok, has expressed a preference for shutting down its TikTok app in the U.S. if forced to divest rather than sell it. This stance stems from the importance of the app’s core algorithms to ByteDance’s global operations. Despite TikTok’s substantial user base in the U.S., it represents only a tiny portion of ByteDance’s revenue. The company would rather cease operations than compromise on the algorithms integral to its suite of applications. This decision came after the President signed a bill to force the sale by January 19th in the U.S. that mandated the sale of TikTok due to alleged national security concerns, with ByteDance steadfast in maintaining control over its technological assets. Subscribe to the Newsletter. Join the Chat @ GeekNews.Chat Email Todd or follow him on Facebook. Like and Follow Geek News Central’s Facebook Page. Download the Audio Show File New YouTube Channel – Beyond the Office Show Notes Summary and Story Links: In this episode, Todd Cochrane discusses several topics, starting with the main subject: ByteDance, the parent company of TikTok, potentially shutting down the app in the United States rather than selling it due to an order from the President that demands ByteDance be sold. Cochrane highlights that ByteDance values its core algorithm too much to sell it and that the app represents only a tiny portion of the company’s global revenue. Despite TikTok’s popularity, the decision comes amid concerns of national security. Cochrane expresses skepticism about the motives behind the legislation, suggesting that other interests, particularly financial interests from competitors, might be at play. During the episode, Cochrane acknowledges his primary sponsor, GoDaddy, thanking them for their long-term support and encouraging listeners to step up and support the sponsor during the new reporting period. He mentions some behind-the-scenes statistics and reminds listeners to check out deals from GoDaddy on his website. C Cochrane displays a replica of the Dragon spacecraft sent by an anonymous donor and expresses appreciation for the gift. He then dives into his opinion on government intervention regarding TikTok, criticizing the legislative decision and comparing the situation to past social media controversies. Todd discusses the implications of the U.S. government pressuring a sale of TikTok and voices strong support for free speech. Transitioning to other topics, Cochrane reports on various news items, including the FTC ruling against noncompete agreements and the arrest of a school athletic director for impersonating a principal using AI voice synthesis to create offensive messages. He shares news about the FCC’s actions against certain Chinese telecommunications companies and discusses breakthroughs in brain-like computing using water and salt. Cochrane continues to discuss updates in the entertainment industry, Toyota’s new car manufacturing investments, and the possibility that Apple might start developing its AI chips. He touches upon FTC refunds to Ring customers over security failures and the report that Ford has been selling its electric cars at a loss.
More Episodes
NASA’s Psyche spacecraft, equipped with Deep Space Optical Communications technology, has achieved a groundbreaking milestone by successfully transmitting data from over 140 million miles away using space lasers. This achievement, which included sending ultra-high-definition video and engineering...
Published 04/29/24
Published 04/25/24
Jason Citron, CEO of Discord, explores the platform’s unique position in the online world. Unlike traditional social networks, Discord offers a private space for communities centered around shared interests like gaming, AI, and fandoms. Citron discusses Discord’s shift from voice chat to a...
Published 04/22/24