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TikTok offered an extraordinary deal. The U.S. government took a pass.
(www.washingtonpost.com)
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this post was submitted on 30 May 2024
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Tbh I'd say it's more about the fact china doesn't allow western companies in china to do what tiktok was doing in the us.
And yet all of the concessions that tiktok has made until now show that it is perfectly willing to play ball with the US government, it just isn't willing or allowed to sell its algorithm because China clamps down on capital exports heavily for economic reasons.
I mean... These terms exceed what Douyin does in China. It's actually an insane level of concessions.