If you're hoping that the TikTok ban will result in ByteDance selling the social network to stay in the US, we have some bad news.
  • cyd@lemmy.worldEnglish
    0·
    7 months ago

    There are valid commercial reasons not to go through a forced sale with a ticking time limit, which will inevitably carry a steeply discounted price. Rather than getting robbed, it makes sense to hang on to the company and take profits from the rest of the world.