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submitted 7 months ago by kinther@lemmy.world to c/technology@lemmy.world
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[-] kirklennon@kbin.social 51 points 7 months ago

TikTok's daily active users in the U.S. is also just about 5% of ByteDance's DAUs worldwide, said one of the sources.

So much drama in the US over this but it's apparently merely a money-losing afterthought for its owner.

[-] nieceandtows@programming.dev 7 points 7 months ago

Looks like they're saying it's running at a loss and is valued at $50b, so that Musk would end up buying it off their hands.

[-] nondescripthandle@lemmy.dbzer0.com 10 points 7 months ago

If they want Musks attention they should have valued it at $69b

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this post was submitted on 25 Apr 2024
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