77
submitted 6 months ago by yogthos@lemmy.ml to c/technology@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] davel@lemmy.ml 18 points 6 months ago* (last edited 6 months ago)

Exactly, this asset is worth nothing to the CPP if sold.

TikTok is worth approximately nothing to the CPC either way. It’s not like the Chinese state is hurting for money. They have a surplus of US dollars that they’re busy unloading, and they have fiat monetary sovereignty of their own currency. The app is banned in China, so nobody there is going to miss it. Who is invested in ByteDance that might care? American private equity: ByteDance’s US investors weigh options as bill to ban TikTok advances

[-] PipedLinkBot@feddit.rocks 1 points 6 months ago

Here is an alternative Piped link(s):

fiat monetary sovereignty of their own currency

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.

this post was submitted on 25 Apr 2024
77 points (95.3% liked)

Technology

34889 readers
186 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS