I know few guys in kkr, they are an early investor.
Tik tok ban. Never going to happen!!
- Thread starter S2007S
- Start date
I know few guys in kkr, they are an early investor.
And ........?
KKR is not PRC.
Need to get that shift key fixed already.
That’s right. It means KKR and other US funds cannot make cash cow in China from the app anymore, if it is delinked. I bet they will be asked to decouple from both governments. Anyway, it is just money.
https://www.nytimes.com/2024/03/16/...ytcore-ios-share&referringSource=articleShare
Selling is increasingly a long shot. Take TikTok. Even if ByteDance puts the app up for sale, the Chinese government is unlikely to allow the company’s most valuable asset, its recommendation algorithm, to be included. The country introduced new export control rules for technologies like that algorithm in 2020, just as TikTok was nearing a deal with U.S. buyers (which eventually fell apart).
Selling is increasingly a long shot. Take TikTok. Even if ByteDance puts the app up for sale, the Chinese government is unlikely to allow the company’s most valuable asset, its recommendation algorithm, to be included. The country introduced new export control rules for technologies like that algorithm in 2020, just as TikTok was nearing a deal with U.S. buyers (which eventually fell apart).
Heard of this dispute. Basically, I remember back in 2022 there was the same dispute around TikTok head company and US government. However it eventually led to nothing, TT as worked then in the US, now continue working too.
The most peculiar thing I found out recently, algorithms work differently in TT, lol. In china it's more about education and self-improvement, while in the US algorithms work the way they are directed at fooling folks. That's quite an interesting feature to note.
The most peculiar thing I found out recently, algorithms work differently in TT, lol. In china it's more about education and self-improvement, while in the US algorithms work the way they are directed at fooling folks. That's quite an interesting feature to note.