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Abu Dhabi royal family to take stake in TikTok US

theguardian.com

11–20 of 124 posts

Re: Abu Dhabi royal family to take stake in TikTok US

#14

How and who is making the decisions about ownership? I'd think they'd have gone for open bidding, or even an IPO. I don't even see why negotiations with the Chinese was needed. There's a law, affirmed by the Supreme Court. The private markets could have handled this just fine. The Biden admin abrogated responsibility here by punting this.

It is a tool to control people they don't want to shut it down.

Re: Abu Dhabi royal family to take stake in TikTok US

#16

[flagged]

So why do they want Americans to use TikTok? It's not like they can't live without it, and anyway, they still have Youtube and Instagram short videos, etc. It's also not to show other countries that US is better and not banning foreign apps (like China does for example), since showing a good example won't change what other countries do. Is it because they know it's a more addictive service that they then control and can influence people's minds? Is it for their friends to make money off this split?

Re: Abu Dhabi royal family to take stake in TikTok US

#17

For context, SNAP is valued at $14Bn. This is a straight up giveaway to friends. Even dictators in other countries don't make it so obvious because they're worried their populations would revolt, which says a lot about the American voter today.

It's all a grift. The cynic in me says that if you looked close enough, you'd find some large deposits into Trump coin or World Liberty Finacial shortly before this announcement.

Re: Abu Dhabi royal family to take stake in TikTok US

#19

For context, SNAP is valued at $14Bn. This is a straight up giveaway to friends. Even dictators in other countries don't make it so obvious because they're worried their populations would revolt, which says a lot about the American voter today.

> This is a straight up giveaway to friends.

None of Tiktok's executives were present, and China has not confirmed the sale. So, I don't think clown's EO means anything. He's living in his own la la land :-)

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