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TikTok will not be sold, Chinese parent ByteDance tells US (www.bbc.com)

submitted 8 months ago by NightOwl@lemmy.ca to c/worldnews@lemmy.ml

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[+] Melkath@kbin.social -10 points 8 months ago

In fact, even if they wanted to they can't.

Remember the "algorithm panic" that happened a couple years ago? The one that saw Zuckerberg the subject of a senate hearing?

During that, they made it illegal to sell algorithms.

So the TikTok logo can be sold, but it is illegal for them to sell the algorithm that is TikTok.

[-] bl4kers@lemmy.ml 16 points 8 months ago

I'm not sure what specifically you're referring to, but algorithms are, generally speaking, code. You can purchase a company and their code.

[+] Melkath@kbin.social -10 points 8 months ago

Admittedly, I don't know the details, so I'll concede readily if someone has something to say I'm flat out wrong, but TikTok is on fire with lawyers posting their legal analysis of the situation, and the overwhelming concensus that a couple years ago, a series of laws were passed that would make it illegal for a US company to purchase a Chinese algorithm.

The company, the branding, yes.

Specifically the algorithm, no.

Paranoid people who don't know how to open a PDF passed laws that make that nearly, if not entirely, impossible.

Or so a bunch of lawyers that have side TikTok gigs say.

They are anticipating that being a core argument when TikTok US sues the federal government.

[-] cosmicrookie@lemmy.world 11 points 8 months ago

Can you link to any info about this? You have twice declared it illegal to sell an algorithm but expect others to prove you wrong as a proof

I have done a quick search and found no proof of this

[+] Melkath@kbin.social -12 points 8 months ago

Then your quick search is balls and if you have nothing to the contrary, you have as much footing as me.

I'm good with that.

TikTok "legality of selling the algorithm". Mountains of takes.

[-] cosmicrookie@lemmy.world 10 points 8 months ago* (last edited 8 months ago)

You still dont share any concrete info about your statement. By now i've read 3 articles about it with no proof of what you re saying although many results are about algorithms that sell stock.

https://www.fastcompany.com/91113337/bytedance-tiktok-shutdown-us-ban-sell-algorithm

This did not mention it to be illegal although it discusses why Tok would be unwilling to sell the algorythm

Id value if you could share where you have your info from instead of asking me to proove that its not there.

BTW? Did you just recommend that i search about it on Tik Tok?