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US businesses will lose $1B in one month if TikTok is banned, TikTok warns
US ban would also impact tens of millions of global users, TikTok claimed.
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brennan
Let’s wait and see. But if it will be banned, but probably will appeal it. And Trump even suggested that he no longer wants to ban it.
2
alvinkatojr
That’s a lot of money at stake to lose. Then there is the security issue. So still a double edge sword.
I do know that American VCs have been gobbling the private shares behind the scenes so they’ll benefit from a potential sale.
I’m eager to see how this ends out though. ByteDance can pat themselves on the back for making something bigger than Facebook/Instagram and Twitter.
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