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TEXXR

Chronicles

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Sources: Chinese officials are evaluating an option involving Elon Musk acquiring TikTok US; X would take control of TikTok US and run the businesses together

- ByteDance's preferred strategy is to fight ban, people say  — Trump has said he would like to delay ban to seek resolution

Bloomberg

Discussion

  • @amberbenge Amber Benge on bluesky
    So apparently China is considering selling TikTok US to Space Karen.  —  www.reuters.com/technology/c...
  • @principalengineer.com Wille Faler on bluesky
    Prepare for your TikTok feeds to solely be videos of Elon Musk jumping or dancing weirdly.  —  www.bloomberg.com/news/article...
  • @pomurray Po Murray on bluesky
    Selling TikTok to Elon Musk would be a win for China.  Erosion of our democracy is China's goal. www.reuters.com/technology/c...
  • @guayjg Justin Guay on bluesky
    Trying to imagine a worse outcome  —  Nope, can't 😬  —  www.bloomberg.com/news/article...
  • @wcooperbooks William Cooper on bluesky
    Of course Bytdance wants to sell TikTok to Elon.  He paid 40 billion for Twitter when it was worth 2.  —  www.bloomberg.com/news/article...
  • @daveweigel Dave Weigel on bluesky
    Would Vine have become what TikTok became had Twitter not shut it down?  Hard to say.  Would be the most ironic ending to the whole thing?  The answer is “lol.”  [embedded post]
  • @lorak Lora Kolodny on bluesky
    how much Tesla stock does an Elon Musk have to dump to buy one TikTok US?
  • @noupside Renee DiResta on bluesky
    Those other billionaire bids looking comparatively better, eh? [image]
  • @alexheath Alex Heath on bluesky
    Zuck you may have the chance to do the craziest thing [embedded post]
  • @davelee.me Dave Lee on bluesky
    Nothing would say “indepedent from government control” quite like being sold off to a rival in a secret back room deal designed to help China's geopolitical aims [embedded post]
  • @kevinroose.com Kevin Roose on bluesky
    Normal company! [embedded post]
  • @mikeelgan Mike Elgan on bluesky
    TikTok is a weapon to weaken America, so who better?...  [embedded post]
  • @steinekin Stein on bluesky
    On second thought, keep it banned [embedded post]
  • @doremusjessup Doremus Jessup on bluesky
    If the issue with ByteDance was national security, spreading disinformation, and espionage I don't see how Musk would be much of an improvement.
  • @evacide @evacide on bluesky
    This is actually where I figured this was all likely to go as of a few months ago.  Also, we are in Hell.  —  www.bloomberg.com/news/article...
  • @quinnypig.com Corey Quinn on bluesky
    Love to see the federal government used as an apparatus to help Elon steal / ruin another social network.  [embedded post]
  • @shepardcdr I'M Just Ken on bluesky
    about to summon a persona [embedded post]
  • @larakate Lara Cohen on bluesky
    But of course.  I hate it here.  Truly.  [embedded post]
  • @tk.gg Matt TK Taylor on bluesky
    I would sooner download Douyin and learn mandarin [embedded post]
  • @mediaevan Evan DeSimone on bluesky
    If their priority is to ensure it remains a tool for destabilizing the United States then yes, this is the off-ramp to choose. www.bloomberg.com/news/article...
  • @martinsfp @martinsfp on bluesky
    1. Eww.  America does not need that.  —  2. Musk trying to look cool on TikTok would be hilarious [embedded post]
  • @caseynewton Casey Newton on bluesky
    Can Elon Musk do for TikTok what he did for Twitter (kill it)??? www.bloomberg.com/news/article...  [image]
  • @civicwhitaker Christopher Whitaker on bluesky
    Ah, the real purpose of DOGE emerges once again [embedded post]
  • @carlbergstrom.com Carl T. Bergstrom on bluesky
    TikTok would eat Musk for breakfast and still want seconds.  [embedded post]
  • @schooley @schooley on bluesky
    The only thing worse than Elon Musk forcing his Tweets on everyone would be Elon Musk forcing videos on everyone.  [embedded post]
  • @ashtonpittman Ashton Pittman on bluesky
    I will take Chinese-controlled social media over Musk-controlled social media any day.  [embedded post]
  • @rincewind.run Micah on bluesky
    I refuse to accept a reality in which this happens  —  I am filing a complaint with the management and walking out [embedded post]
  • @kurtwagner Kurt Wagner on bluesky
    Important things to keep in mind:  —  * Priority remains ByteDance owning TikTok  —  * This does not mean Musk *will* get TikTok, simply that is is being discussed as a palatable outcome  —  * thinking is that this could be used as a negotiating tactic while dealing with Trump ad…
  • @karissabe Karissa Bell on bluesky
    Interesting that this —pretty big claim! — is bylined only as “Bloomberg News”
  • @peark.es George Pearkes on bluesky
    Big trial ballon energy.  —  www.bloomberg.com/news/article...  [image]
  • @susyqli Susan Li on threads
    If elonmusk gets to buy US TikTok for $40B-$50B That would be a bargain for 120 million daily (mostly younger) users
  • @mgsiegler M.G. Siegler on x
    They should rename it ‘Vine’.
  • @benmullin Ben Mullin on x
    byline: Bloomberg News
  • @hzjoe03 Joe on x
    Yeah it's so over we're just letting one billionaire buy every social media and nothing is stopping him. Sure that's gonna turn out alright
  • @alexeheath Alex Heath on x
    a wild line in this story that kind of says everything: “it's not clear how much ByteDance knows about the Chinese government discussions” https://www.bloomberg.com/...
  • @mattyglesias Matthew Yglesias on x
    Trump would obviously love this, but also Musk is 100% in hock to the CCP, so this is win-win and then just basically lights out for America. [image]
  • @kyliebytes Kylie Robison on x
    the training data for xai and the algorithim for x vertical video .... man [image]
  • @austinahlman Austin Ahlman on x
    this would be the ultimate play stupid games win stupid prizes outcome for the liberals and populists who refused to think through the implications of a ban
  • @pushastee @pushastee on x
    the source is obviously elon musk lol [image]
  • @alexeheath Alex Heath on x
    in @elonmusk's very first meeting with (then Twitter) employees, he told them he wanted this app to be a lot more like TikTok https://www.theverge.com/...
  • @matthewstoller Matt Stoller on x
    So a divestment is technically possible then.
  • @loudmouthjulia Julia Alexander on x
    lina khan, please.
  • @turnernovak Turner Novak on x
    Been saying Elon / X should acquire TikTok since the day the Twitter acquisition closed. Would be great outcome for everyone (consumers, investors, employees), and especially the FTC.
  • @maxwelltani Max Tani on x
    It will be amazing if Biden and the Democrats got TikTok banned bc they believed it posed natsec risks and influenced US public opinion only for it to be sold to Elon, who will explicitly tweak the algorithm to suit his business and conservative political goals...
  • @kyliebytes Kylie Robison on x
    i scooped long ago X's pivot to video and the TV app they're building, if tiktok actually lets go of that algorithm (which i dont think will happen) i'd be gobsmacked https://www.bloomberg.com/...
  • @newley Newley Purnell on x
    A potential high-profile deal with one of Trump's closest allies holds some appeal for the Chinese government, which is expected to have some say over whether TikTok is ultimately sold, said the people.
  • @newley Newley Purnell on x
    Beijing officials strongly prefer that TikTok remains under the ownership of parent ByteDance Ltd., the people say, and the company is contesting the impending ban with an appeal to the US Supreme Court.
  • @loudmouthjulia Julia Alexander on x
    I do think the likelihood of this happening is near zil, but I have to laugh at the idea of the two most popular social video options in the US potentially being a TikTok owned by Elon Musk or an Instagram Reels that Zuckerberg just let open range on.
  • @newley Newley Purnell on x
    But the justices signaled during arguments on Jan. 10 that they are likely to uphold the law. Senior Chinese officials had already begun to debate contingency plans for TikTok as part of an expansive discussion on how to work with Donald Trump's administration...
  • @mrbeast @mrbeast on x
    Okay fine, I'll buy Tik Tok so it doesn't get banned
  • @chamath Chamath Palihapitiya on x
    Name that shit X.
  • r/Economics r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/TSLA r on reddit
    TikTok may be sold to Elon, and join the Musk Tech Empire - Tesla may really not only be just a car company.
  • r/worldnews r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/TheAllinPodcasts r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/Destiny r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/China r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/politics r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/STEW_ScTecEngWorld r on reddit
    China Discusses Sale of TikTok US to Musk
  • r/EnoughMuskSpam r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/neoliberal r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • r/wallstreetbets r on reddit
    China Discusses Sale of TikTok US to Musk as One Possible Option
  • @uniongrl @uniongrl on bluesky
    📣 Lovely, another social media platform Musk can moderate & destroy.  —  Musk is reportedly in talks to purchase Tik Tok.  I'll delete that app if he purchases it.  —  The content will be flooded with misinformation & right wing propaganda.  —  www.theguardian.com/technology/ 2..…
  • @clarkzy @clarkzy on bluesky
    Pure fiction, please stop spreading this, just propaganda to try and get people off of TikTok  —  www.bbc.com/news/article...
  • @gilmored85 Daniel Gilmore on bluesky
    “You guys werent supposed to be privy to that yet” [embedded post]
  • @vortexegg.com @vortexegg.com on bluesky
    The way the commentariat on here has already constructed second- and third-order repercussions for this (seemingly?) non-event shows that people need to slow their roll [embedded post]
  • @alexeheath Alex Heath on x
    TikTok spokesperson to me: “We can't be expected to comment on pure fiction.” But you just did? Lol
  • @mediaevan Evan DeSimone on x
    I was told Bytedance had no direct contact with the Chinese government so how would they know? https://variety.com/...
  • @danprimack Dan Primack on x
    Reminder that there's an “easy” way for TikTok to be divested and saved — which doesn't include @elonmusk — but it still needs Chinese govt signoff. https://www.axios.com/...
  • r/italy r on reddit
    TikTok a Elon: quanto è possibile?
  • r/China r on reddit
    TikTok Denies Report China Is Looking to Sell App to Elon Musk
  • r/technology r on reddit
    TikTok Calls Report That China Is Exploring Sale of App to Elon Musk ‘Pure Fiction’
  • r/InternationalNews r on reddit
    TikTok Calls Report That China Is Exploring Sale of App to Elon Musk ‘Pure Fiction’
  • r/wallstreetbets r on reddit
    Musk not buying TikTok