American FANG tech companies are losing to Tiktok
Are you comfortable with Chinese companies becoming the next big tech companies? Are you ready for 996?
Missing the "This is an unbacked claim" option. I think you mean some apps have dropped users because of Tiktok. Being the next big thing doesn't make you the next big company. A lot of corpses in that path, it is a tortuous one.
Hey, how is magic leap doing?
Technically good, just released the new headset which imho is quite a step forward. AR industry still slow and on its infancy, but Magic Leap is benefiting from Hololens chaos. Worst part is the lingering reputation for having had a scammer for a CEO in the past. It is hard to shake off that stigma.
Racist much with your question?
????? Absolutely not, what was racist about that We’re talking about two major world super powers and a shift in the balance of power here
Never stop playing the race card. Report OP immediately. Unacceptable question
I am doing 14 hours a day now. Apparently this is common in China. Can anyone elaborate why? Most of the people I’ve spoken to are family oriented, have hobbies etc. Where do they get the time for all of this if everything is spent at work
In china, what I observed was people are very punctual about their schedule. And their holidays are very serious and complete switch off. During Chinese new year you will see all major city streets empty. If you can efficiently follow schedule it’s possible. Note: I am a pioneer in not following timings/schedule
But are they okay with working pretty much 80-90% of the year for that many hours?
I worked for alibaba at HQ china. 996 never scared me. But, majority people not leaving even after 9pm scares me
How’s morale at baba rn with stock taking a nosedive?
Left before that and i sold mine. It must be low for now. But, its not just BABA. Every Chinese stock fell. Now, even US stocks are falling. Long term players never loose. They don’t have much options to invest as its CCP. They cant buy land, not more than 2 houses. No crypto also these days coz of crackdown. So, stocks are the mainstream investments even if they have money.
It’s always a good thing to have more companies competing for talent. 🤷🏻♀️
Good. It's time for the myth of American exceptionalism to die.
Why is tiktok so addictive? It’s not even content at this point. It’s almost like a form of digital cocaine
Then everyone loses :(
cancel culture will take care of tiktok for us in that scenario