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Abu Dhabi royal family to take stake in TikTok US

theguardian.com

111–120 of 124 posts

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

#111

Earlier quoted context omitted.

> What does the UAE get out of this? What does the UAE gain by funneling $2B to Trump, who is notoriously a) transactional and b) one of the most powerful people on the planet?

Being "transactional" requires you to hold up your end of the bargain, which Trump famously does not. Trump is not transactional.

Is quibbling over a euphemism really worth the time? He’s corrupt, plain and simple.

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

#112
post #97

Earlier quoted context omitted.

> The ideal is that people stop using ______ Fill in the blank with whatever you find personally disagreeable: TikTok, alcohol, sports gambling, hallucinogens, video games, cigars, sugary foods, etc.

Some things are objectively bad with no space for interpretation or personal opinion.

Yeah I don't think tiktok is one of those things

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

#113

The ideal scenario isn't the government forcing a sale of TikTok for political reasons. The ideal is that people stop using TikTok because they realize it's not good for them, but I guess I don't see that happening. Instead we'll just continue scrolling while wondering why we're so unhappy and angry all the time.

Scrolling TikTok I get cool videos from underground artists, memes and skits

Scrolling HN I find hateful stances about hyperspecificties, overconfident self righteousness, and new peaks of misanthropism

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

#115
post #74

The biggest benefactor here is Meta. There's no way TikTok will remain a dominant social platform in the US amidst all the political meddling and so many high profile investors with competing interests. This is likely also why Meta announced that they are overhauling Instagram to make Reels and recommendations the default experience - https://uk.finance.yahoo.com/news/instagram-overhaul-app-num... . Just as with Thre…

s/benefactor/beneficiary/

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

#116

Earlier quoted context omitted.

Are the US Tiktok infra, network and user feeds separated from the rest of the world?

Yes. This is fairly common knowledge.

So people in Europe and Latin America for example cannot see USA accounts/contents and vice-versa?

What about Canadians?

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

#117

The ideal scenario isn't the government forcing a sale of TikTok for political reasons. The ideal is that people stop using TikTok because they realize it's not good for them, but I guess I don't see that happening. Instead we'll just continue scrolling while wondering why we're so unhappy and angry all the time.

what do you think people will do, get off tiktok and go outside to hike? if anything they will just switch to instagram reels there's no good scenario here.

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

#118

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.

Before people jump to conclusions, if you look at the details there seems to be a plan for a major profit sharing and licensing agreement with Bytedance. The numbers floated around are that 50% of the profit would go to Bytedance plus. This would significantly impact its valuation to outside investors.

it was always more about control than making profit tbh

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

#119
post #112

Earlier quoted context omitted.

Some things are objectively bad with no space for interpretation or personal opinion.

Yeah I don't think tiktok is one of those things

Yeah, it's just benign ads and people having fun. What's all the fuss about?

/s

Is it really a mystery that there's concern about corporate media consolidation and collusion with governments to self-serve their interests over individuals?

I mean, this is beyond naive if you dismiss what's happening and will continue.

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

#120
post #112

Earlier quoted context omitted.

Yeah I don't think tiktok is one of those things

Yeah, it's just benign ads and people having fun. What's all the fuss about? /s Is it really a mystery that there's concern about corporate media consolidation and collusion with governments to self-serve their interests over individuals? I mean, this is beyond naive if you dismiss what's happening and will continue.

It's isn't naive. They know how bad it is and profit off this. They don't want it to get better
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