China has successfully kneecapped Trump's TikTok ban as sale talks hit a speed bump - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

China has successfully kneecapped Trump's TikTok ban as sale talks hit a speed bump

. Included among these was any content-recommendation technology, meaning TikTok's parent company ByteDance would have to seek government permission if it was going to include TikTok's recommendation algorithm, which decides what videos to show users, in any deal. TikTok's recommendation algorithm is considered the secret sauce that makes the app both highly addictive and valuable.

Currently, TikTok's Chinese parent firm ByteDance is in talks with prospective acquirers about selling off parts of the app to a US buyer, including its US operations. The Wall Street Journal reported Tuesday that the prospect of having to strip TikTok of its recommendation algorithm had stalled acquisition talks. A source close to the talks told the Journal that buying TikTok without its recommendation algorithm would be like buying a fancy car with a cheap engine.

Reuters reported Tuesday that TikTok's prospective buyers have come up with four ways to they could set up a deal. They are:This could potentially lower the sale price, as any buyer would have to subsequently build their own algorithms from scratch.This could be a lengthy process that exceeds Trump's September 20 deadline for talks, plus there's no guarantee Beijing would sign off on it.

China's intervention has apparently also caused ByteDance CEO Zhang Yiming to reconsider his options, sources told

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It is a game. Germans want to sell Tiktok. Trump is helping. What US will get, is a red lemon.

How much is China paying you to parrot their propaganda?

For the moment

People seem ok with letting China's Communist Party have their personal preferences and info.

Why didn’t Trump learn from Modi to kneecap to ,,

So it the data is stored in CHINA?🤔

New words from the fakenews

The chinese cyber-attack to silicon valley is a virus worst of the covid😱

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's Black franchisees' quest for equality - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Media outlets lean either to the right or to the left in the US, but never has the US look so fragile and divided, why
Source: BusinessInsider - 🏆 729. / 51 Read more »

TikTok sale to Microsoft, Oracle could fuel US government surveillance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why don't you media clowns do a break down of the privacy laws we have in the USA vs Totalitarian Communist China? $CTRM Let's get it don't be scared Past performance doesn't indicate future results 🍼🍼🍼🍼🍼
Source: BusinessInsider - 🏆 729. / 51 Read more »