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U.S. investors, Trump close in on TikTok deal with China

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441–450 of 802 posts

Re: U.S. investors, Trump close in on TikTok deal with China

#441

Earlier quoted context omitted.

That's bonus. The real thing is to make tiktok a right-wing ideology machine. I'd rather have the CPC than the GOP at the helm.

The GOP is still more incompetent than anything I've ever seen. Bullying, yes. Competency, no.

It takes a lot of competence to defeat the concept of an objective fact.

Re: U.S. investors, Trump close in on TikTok deal with China

#442

Earlier quoted context omitted.

[flagged]

I’m not sure what you are saying… Are you suggesting that US Conservative viewpoints are aligned with those of China’s government?

Allied, not aligned.

Re: U.S. investors, Trump close in on TikTok deal with China

#443
post #261

Earlier quoted context omitted.

It's rather amazing. They found one of the few organizations I trust less than the Chinese government to run this.

Compared to Larry Ellison, Kim Jong-un strikes me as a supreme humanist, a beacon of goodness and generosity.

Do not fall into the trap of anthropomorphizing Larry Ellison. You need to think of Larry Ellison the way you think of a lawnmower. You don’t anthropomorphize your lawnmower, the lawnmower just mows the lawn - you stick your hand in there and it’ll chop it off, the end. You don’t think "oh, the lawnmower hates me" – lawnmower doesn’t give a shit about you, lawnmower can’t hate you. Don’t anthropomorphize the lawnmower. Don’t fall into that trap about Oracle. — Bryan Cantrill

Re: U.S. investors, Trump close in on TikTok deal with China

#444

Earlier quoted context omitted.

Yeah no I get what you mean, but my argument is like, you should try to be resilient against the arbitrary whims of the powers that be regardless of what their flavour of the week is. Asymmetric power/influence is a dynamic that will always exist in society, especially exacerbated by the scale and reach we see today.

Absolutely! But one of the tools we created to make this possible is government. There are forces (like multinational corporations) that exceed the power of an individual or many individuals to mitigate. Social media is a far more “effective” technology than TV was, which was more effective than radio before it, and so on. It’s very important we figure out how to counteract these things because the trend is obviously…

Ah totally, I exclaim frequently that there should be government-backed open source and decentralized software[0], putting power of technology into the hands of everyone (rather than letting this power get consolidated into monopolistic corporations) ... but then, what we seem to have currently is a huge correlation of motives between state and industry, and neither seem to have the incentive to put power in the hands of individuals. And individuals often don't even want it either. Either way though, yeah, regulation is long overdue for SO MUCH of this stuff.

[0] luckily EU seems to be doing a lot more in that direction, e.g. https://commission.europa.eu/about/departments-and-executive...

Re: U.S. investors, Trump close in on TikTok deal with China

#445

Earlier quoted context omitted.

> but it has been broken repeatedly by the Trump administration fixed that for you The bill itself outlines specifically how and why it can be delayed. That was violated in the very first "delay".

Turns out not having any penalty for the executive failing to apply the law is a mistake. Who could have predicted this.

There is a penalty just congress has to enforce it.

Re: U.S. investors, Trump close in on TikTok deal with China

#446

Earlier quoted context omitted.

> but it has been broken repeatedly by the Trump administration fixed that for you The bill itself outlines specifically how and why it can be delayed. That was violated in the very first "delay".

I mean I’m as anti-Trump as the next, but didn’t the bill say it could be delayed to finalize a sale to American owners? You could make the case that this sale means the Trump admin actually didn’t break the rules here.

Only one extension was allowed.

Re: U.S. investors, Trump close in on TikTok deal with China

#447

Earlier quoted context omitted.

Turns out not having any penalty for the executive failing to apply the law is a mistake. Who could have predicted this.

There is a penalty just congress has to enforce it.

The only penalty congress can enforce on the executive is cutting the budget of things the executive wants funded.

Re: U.S. investors, Trump close in on TikTok deal with China

#448

Earlier quoted context omitted.

> but it has been broken repeatedly by the Trump administration fixed that for you The bill itself outlines specifically how and why it can be delayed. That was violated in the very first "delay".

I mean I’m as anti-Trump as the next, but didn’t the bill say it could be delayed to finalize a sale to American owners? You could make the case that this sale means the Trump admin actually didn’t break the rules here.

It said it could be delayed with some pretty specific parameters. Quoting the Congressional Research Service report on the bill:

"The President can grant a one-time extension of up to 90 additional days when a path to a qualified divestiture has been identified, there is evidence of 'significant' progress toward executing the divestiture, and there are legally binding agreements in place to enable the divestiture."

One could argue all day about whether or not there was an identified path or evidence of significant progress, but certainly there weren't legally binding agreements in place at any point, and the deadline has been extended far more than once.

Trump is ignoring the law. The DoJ has asserted that Trump can ignore the law because it would interfere with his duty to "take care of the national security and foreign affairs of the United States." It is unclear what, if any law, could not be ignored under this doctrine.

Re: U.S. investors, Trump close in on TikTok deal with China

#449
post #366

Earlier quoted context omitted.

Biden? You do realize Trump attempted to “ban” TikTok in his first term when the original Oracle “deal” happened, right? Pinning this in Biden takes some serious mental gymnastics. https://www.npr.org/2020/09/20/914032065/tiktok-ban-averted-...

Biden signed the bill.

With very large and rare bipartisan support

Re: U.S. investors, Trump close in on TikTok deal with China

#450
post #418

Earlier quoted context omitted.

I don’t want either of them, but credit where credit is due. China is doing well as a country and the standard of living has increased even if it’s under an authoritarian regime. I wonder how long that will last. Meanwhile, the USA is becoming Russia. Basically a bunch of misinformed morons living in the past and thinking we are on top of the world while we accelerate towards irrelevance on the global stage if not fo…

>> China is doing well as a country and the standard of living has increased even if it’s under an authoritarian regime. What do you mean "doing well"? https://asiatimes.com/2025/05/chinas-economy-on-cusp-of-a-de... May 2025: Tariffs are drying up international demand for Chinese goods, and in a bid to keep factories alive, Beijing is urging exporters to turn inward. However, that pivot is compounding the very proble…

It's really odd how many people on hn are pro china. Why? They are not good guys. At all.

In moral terms they are so far behind the West they are in a different team. (and don't throw in disingenous deflections like gaza and whatever, those are orders of magnitude less bad then China) The West is full of freedom and the pursuit of happiness and wealth. China isn't.

Nobody here is pro Russia or Iran, or even particularly pro India. So why is Communist China different?

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