Senate passes TikTok ban bill, sending it to President Biden's desk
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Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#2Nice, now let’s do the rest of social media.
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#3Nice, now let’s do the rest of social media.
How does this even make sense? This bill would be perfectly happy selling TikTok to Meta even, it's not killing social media it's just telling China to GTFO.
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#4> “In the context of social media platforms used by nearly half of Americans, it’s not hard to imagine how a platform that facilitates so much commerce, political discourse, and social debate could be covertly manipulated to serve the goals of an authoritarian regime, one with a long track record of censorship, transnational repression, and promotion of disinformation.”
Mark Warner (D-VA), Senate Intelligence Committee Chair
That's the crux of it for me. Not protecting the data of Americans.
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#5Veto it on the grounds that it would cost Biden the election and that would be disastrous for me personally
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#6[dead]
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#7Veto it on the grounds that it would cost Biden the election and that would be disastrous for me personally
* An ENEMY STATE has controlling influence of a widely used social network in the USA. People's minds are influenced by it .. "You are what you eat" holds for what you read/watch and consequently think
* This legislation won't lose Biden the election, banning abortion by an insurrectionist will win it
* We are in a country that needs people to work together to be a successful country - we are big and highly populated democracy
* Rugged individualism - "me first" - is easily attacked by influencers, subject to divide-and-conquer techniques. From marketing to foreign influence, it is a weakness.
* Healthcare (even as expensive as it still is), reproductive rights, free ability to vote, and ability to have civil-war-free existence in our lifetimes are contingent on a healthily functioning government.
* To support OUR STATE we must find a middle ground of unity. We must recognize the forces that divide us. We must choose the path to that maintains our ever-evolving sense of personal "freedom". We must be good citizens.
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#8Veto it on the grounds that it would cost Biden the election and that would be disastrous for me personally
> Veto it on the grounds that it would cost Biden the election
No it won’t. Firstly because the hammer won’t fall until months after the election, and secondly it’d be hard for China-hawk Trump who attempted the same thing during his presidency to take a pro-China position, but finally and most importantly because TikTok is disproportionately popular with young voters who are terrible at actually voting. Plus the move is popular with older likely voters.
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#9Veto it on the grounds that it would cost Biden the election and that would be disastrous for me personally
Do you care to elaborate on this? Because paying $5/gal gasoline and $8 for a carton of eggs is disastrous for me personally.
Re: Senate passes TikTok ban bill, sending it to President Biden's desk
#10FYI, I used a tool I develop [1] to look into this, and came to the following conclusions:
- Biden will sign the bill (>95%)
- The Commerce Secretary will start the 12 month clock (>95%)
- TikTok will challenge the ruling (>95%), which may delay the clock starting to delist or divest, but they are unlikely to win (20%)
- And if they lose, they will succeed in selling to a US company (75%)
- The sale will be for $30-50B (CI 50%), assuming it does not include certain ByteDance IP
- Walmart and Oracle won’t compete to buy it this time. Microsoft or Amazon are the top contenders, along with a consortium led by Susquehanna or Steven Mnuchin, possibly in partnership with Snap or X.