this post was submitted on 20 Apr 2024
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[–] [email protected] 0 points 5 months ago (2 children)

Well the Senate killed the earlier bill. There's a decent chance they pass the Ukraine/Israel aid bill without this amendment. It would then be stricken in reconciliation. Unfortunately there's also a decent chance the Senate passes it because this version probably fixes things the Senators had problems with.

If it does get passed there's a very good chance there's a court order to prevent anything until the courts rule on the constitutionality of the law. If Bytedance loses that there's zero chance they sell though. The US market is not big enough for them to jettison an international company.

[–] [email protected] -1 points 5 months ago* (last edited 5 months ago) (1 children)

Not big enough. I imagine it’s their biggest market.

[–] [email protected] 3 points 5 months ago (1 children)

It's the biggest single country but in a world of 7.9 Billion people, 148 million is a fraction.

[–] [email protected] 0 points 5 months ago (1 children)

But it's also not available in China correct? They have a separate version with a different name from what I understand. They could do the same for the other regions they serve and sell the US user base to a new company.

[–] [email protected] 1 points 5 months ago

Why would they sell? That would create a competitor that could easily expand into other markets and take away that user base as well.