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https://www.reuters.com/technology/bytedance-prefers-tiktok-shutdown-us-if-legal-options-fail-sources-say-2024-04-25/
ByteDance also would not agree to sell one of its most valuable assets – its "secret source" - to rivals, said the four sources, referring to the TikTok algorithm.
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As far as why China would want to:
1) Tik Tok attracts younger users who use Facebook, Twitter, etc., less than older people.
2) Greater control.
3) Greater access to user data.
As far as I can tell you're adamantly defending Tik Tok because it's your favorite social media thing and you don't want to acknowledge that it could be used to manipulate you.
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