151–160 of 1001 posts
Trump wants 50% US ownership in a joint venture for Tiktok. Shouldn't be a problem since 60% of bytedance ownership is already non-China (probably a lot of it already US investors - General Atlantic/SIG) https://truthsocial.com/@realDonaldTrump/posts/1138556168486...
https://markets.businessinsider.com/news/stocks/tiktok-ban-b...
The TikTok debate has always been about the balance between national security and free speech. We found a compromise. TikTok will remain, all of its national security risks will remain. Also, the law that tramples free speech is upheld by the court, but will be blantently ignored and unenforced. Everybody loses. This outcome is worse than anyone could have conceived.
- "Everybody loses. This outcome is worse than anyone could have conceived." The outcome is *exactly* as anyone with a modicum of sense expected. "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety" —often paraphrased (sensibly!) as "deserve neither and *will lose both*." As you say: we've lost both—who could have predicted that? Yeah; well. https://en…
I'm also a little unclear on which liberties are essential, versus those that are merely nice to have. We all give up the liberty of driving on the wrong side of the road, and nobody seems to mind.
The TikTok debate has always been about the balance between national security and free speech. We found a compromise. TikTok will remain, all of its national security risks will remain. Also, the law that tramples free speech is upheld by the court, but will be blantently ignored and unenforced. Everybody loses. This outcome is worse than anyone could have conceived.
Trump wants 50% US ownership in a joint venture for Tiktok. Shouldn't be a problem since 60% of bytedance ownership is already non-China (probably a lot of it already US investors - General Atlantic/SIG) https://truthsocial.com/@realDonaldTrump/posts/1138556168486...
Chinese government has a golden shares deal with Bytedance granting their 1% ownership the ability to nominate a board seat. https://markets.businessinsider.com/news/stocks/tiktok-ban-b...
But in all seriousness, there's 3 branches of government and 2 of spoken. Trump's voice should be moot. Hopefully he's put in his place by our institutions and shamed for attempting to subvert the system of checks and balances described by our constitution.
Tiktok has been working for the last 40 minutes for me after going dark last night. Some thoughts from Donald Trump: https://truthsocial.com/@realDonaldTrump/posts/1138556168486...
Incredible. Isn't ByteDance already owned 60% by international (mostly American) investors? https://usds.tiktok.com/who-owns-tiktoks-parent-company-byte...
https://markets.businessinsider.com/news/stocks/tiktok-ban-b...
The people pretending that the TikTok law is a speech issue are ignoring that no one was requiring TikTok to change their content at all. The law was written to allow for 0 impact on users if the CCP-connected parent company simply divested. Their preference to shut down instead of receiving tens of billions of dollars would be a clear violation of a company’s fiduciary duty to shareholders for any normal company. Bu…
I'm not defending them here, but the laws in China prevent a sale, so technically they have a duty to uphold China's laws first before upholding their fiduciary responsibility. Same with any American company and following American laws.
Feels like they published this statement a day early as Trump is not yet president. Whoops.
What statement? This entire article recognizes that Trump is not president yet.