how vine died but TikTok was able to thrive
In: Economics
TikTok is a wing of the CCP propaganda machine.
Vine was an experiment in viral social media.
When Vine lost money, the board decided to pull out as protection of the investors’ capital.
No matter how much money TikTok loses, it is a valuable propaganda outlet and statistics measuring device for one of the richest governments in the world.
The relationship between TikTok and the CCP was controversial, until their parent company bytedance announced fake plans to build a server farm in Texas, and turn over all control of data gathered in the USA and access to their recommendation algorithm to Oracle.
We know this to be false because as soon as the law requiring bytedance to do that (not necessarily Oracle, but a USA based company) was passed, bytedance said they’d rather shut down USA operations than comply.
If this post seems overly wordy, it’s because the ELI5 bot is an electronic dick.
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