TikTok is reportedly planning a total shutdown of the Chinese-owned video-sharing app when the law requiring a ban or sale of the app takes effect on Sunday.

The roughly 170 million US users who try to access the app will be greeted with a pop-up message directing them to a website with details about the ban, according to the Information.

Users will also be given the option of downloading their data from the app, sources familiar with the plan told the outlet.

  • rob200English
    2·
    5 hours ago

    If they sell the platform to an American company, it wouldn’t be Chinese owned. and CHina is (currently) a socialist leaning country, once sold to an American company, it’s gonna be more capitalist focused then it already was. idk why people miss that.

    • Tangentism@lemmy.ml
      11·
      2 hours ago

      ByteDance is a privately-held global company, roughly 60 percent owned by global institutional investors (such as Blackrock, General Atlantic, and Susquehanna International Group), 20 percent owned by the company’s founders, and 20 percent owned by its employees—including over 7,000 U.S.-based employees.

      Sauce

      • rob200English
        0·
        23 minutes ago

        I’l try to break it down since some people seem to not understand what i’m actually trying to tell them in some of the replies I made to others replies.

        Tiktok is a Chinese owned company. It’s not owned by a u.s based entity, person in the same way Facebook is. China, will gladly allow any pro communist or socialist content flow. The u.s government does not want that. If it’s owned by an American entity, they probably won’t want that type of content to flow.