Live data from Hacker News

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

wsj.com

131–140 of 802 posts

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

#131
post #116

Earlier quoted context omitted.

This is just crazy. No single person should have this amount of power, in particular if they have the moral integrity of Larry Ellison...

It is two people here. David Ellison who took over Paramount is the son of Larry Ellison of Oracle. http://wikipedia.org/wiki/David_Ellison

Durin I, Durin II…

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

#132

So Larry Ellison just took over Paramount group which is now looking to bid for Warner Brothers and CNN. And now Ellison is going to take over TikTok. Paramount(being run by Larry Ellison's son) is looking to install the pro-israel-propagandist who has variously masqueraded as a liberal, a conservative and anti-woke free-speech champion, Bari Weiss[1] as CBS's editor-in-chief or co-president[2]. It also bears mention…

This is just crazy. No single person should have this amount of power, in particular if they have the moral integrity of Larry Ellison...

[deleted]

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

#134
post #97

So Larry Ellison just took over Paramount group which is now looking to bid for Warner Brothers and CNN. And now Ellison is going to take over TikTok. Paramount(being run by Larry Ellison's son) is looking to install the pro-israel-propagandist who has variously masqueraded as a liberal, a conservative and anti-woke free-speech champion, Bari Weiss[1] as CBS's editor-in-chief or co-president[2]. It also bears mention…

[flagged]

This kind of hyperbole is both ridiculous and offensive.

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

#135
post #59

I'm curious how bad the misinformation type stuff will be. It's bad everywhere, but I found TikTok to be the absolute worst. Not even just fake news political stuff where I can guess the motivation (still bad), but just basic everyday tips and tricks, local users describing news events. I've found it to be so much worse on tiktok. Other platforms there seems to be "more" intent by creators to provide somewhat consist…

Short form video is basically worthless outside of comedy and cute animal videos. The format does not allow enough information to determine whether the information provided is accurate or not, for videos that have facts in them. Every time I watch a short form video I feel an overwhelming urge not to trust what I saw and verify it elsewhere, now I just don’t want short form videos at all.

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

#137
post #114

Earlier quoted context omitted.

He’s got the wrong guy on the paramount deal. It’s David Ellison though they’re related: https://variety.com/2025/tv/news/paramount-warner-bros-disco...

David Ellison is Larry Ellison's son, and Larry Ellison spent $6 billion on the Paramount deal. It's not really a stretch to imagine that the father might have some influence on the resulting operation. (According to a cursory web search, on paper Larry Ellison now has a 35.5% voting interest and David Ellison has a 64.5% voting interest.)

I agree it’s not that big of a stretch, but it elevates the discussion when you communicate what part of your argument is objectively correct vs a stretch.

My knee-jerk reaction was to upvote the comment, but that’s how Ecco chambers get increasingly divorced from reality.

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

#138
post #13

so US users will be cut off from the rest of the world? Wow. Thats crazy.

More like the other way around.

US users are today 21 of the 49 TikTok accounts with the most followers https://en.wikipedia.org/wiki/List_of_most-followed_TikTok_a...> (not including TikTok itself). When the Trump administration came close to forcing a divestment/shutdown on TikTok in 2020,[1] Americans were 10% of TikTok's user base but 50% of revenue.

[1] And boy, do Democrats who shouted Orange Man Bad back then now wish they had supported the move

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

#139
post #42

Why would any company want to operate in America, sell to Americans or onboard American users anymore? If you're not successful you just wasted a ton of time and money. If you are successful the newUSA will force you to divest what you've build against your will. Doesn't sound like a country worth investing in anymore.

>If you are successful the newUSA will force you to divest what you've build against your will.

Besides what bluecalm said, if TikTok were a Canadian, British, French, German, Korean, Japanese, or Taiwanese company, the US government wouldn't have intervened in the first place.

Conversely, if TikTok were a Canadian, British, French, German, Korean, Japanese, or Taiwanese company, American would not have to fear a hostile Chinese government silently gathering data on American users, or a company repeatedly shown to be lying about using its app to do so.

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

#140
post #42

Why would any company want to operate in America, sell to Americans or onboard American users anymore? If you're not successful you just wasted a ton of time and money. If you are successful the newUSA will force you to divest what you've build against your will. Doesn't sound like a country worth investing in anymore.

Because it's the biggest market. Half of my customers are American. I have never even marketed anything to them. It's the biggest, best market with the most people willing to spend the most money.

Similarly, when the Trump administration came close to forcing a divestment/shutdown on TikTok in 2020, Americans were 10% of TikTok's user base but 50% of revenue. Of the top 50 most-followed accounts https://en.wikipedia.org/wiki/List_of_most-followed_TikTok_a...>, 21 of 49 (not including TikTok itself) are American.
Post reply on HN