Not really, this was always coming. Any time new regulations effect a corporation, they sue. Sometimes it’s just to establish a more reasonable timeframe to make the necessary changes to stay in regulation, sometimes it’s to upturn the entire law. This was pretty much always Step 2. What’s real interesting is TikTok’s refusal to sell, which tells me that they think they have a very solid court case.
What’s real interesting is TikTok’s refusal to sell, which tells me that they think they have a very solid court case.
they’re stuck between a rock & hard place and suing is the only path left open to them
the rock): the chinese government has laws similar to the united states that will block a sale of any algorithm to a foreign enemy.
the hard place): bytedance uses the same algorithm in all of their social media companies and american tiktok is a relatively small slice of their revenue pie so it doesn’t make business sense to give their secret recipe to a competitor
Not really, this was always coming. Any time new regulations effect a corporation, they sue. Sometimes it’s just to establish a more reasonable timeframe to make the necessary changes to stay in regulation, sometimes it’s to upturn the entire law. This was pretty much always Step 2. What’s real interesting is TikTok’s refusal to sell, which tells me that they think they have a very solid court case.
they’re stuck between a rock & hard place and suing is the only path left open to them
the rock): the chinese government has laws similar to the united states that will block a sale of any algorithm to a foreign enemy.
the hard place): bytedance uses the same algorithm in all of their social media companies and american tiktok is a relatively small slice of their revenue pie so it doesn’t make business sense to give their secret recipe to a competitor