Live data from Hacker News

Abu Dhabi royal family to take stake in TikTok US

theguardian.com

21–30 of 124 posts

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

#21
post #13

[flagged]

You replace china with a directorate with a (possibly different) propaganda goal. Don't know if that will be any better, safer or less evil.

Exactly my point. Hypothetically, even if the level of propoganda stays the same, at least it will be promoting western interests that may be harmful to us or may not. With Chinese propoganda you can be fairly certain their interests are in strengthening their own position and weakening ours. Anyway the western propoganda machine to the extent it exists is far more fragmented and weaker then the Chinese.

In short i trust the West more then china and even if the gulf might be shrinking, it will stay that way for the foreseeable future.

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

#24
Tiktok is good for what, spying and propagandizing? I can see how all the rulers would want to buy in on that. Probably got some serious large scale magic analysis stuff going on.

It's heartwarming to see the ruling classes coming together for their mutual benefit like this.

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

#25

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 :-)

wait why does china have to confirm the sale? i thought tiktok was singaporean!

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

#27

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.

I only use TT for my 3D modeling, Blender3D tricks and motion graphics. I have all political options disabled and have blocked all news. So far not a single political ideology has popped up on my fyp. Ads are also 0. Enjoying it so far. Fine tuned for my needs.

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

#29

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.

IIRC previous talk for TikTok US valuations / buyout was ~40B. But Tiktok was at ~20% Bytedance / PRC ownership before and after. US ownership to boost from 60-80%. So not really sure who this is boning more.

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

#30

Earlier quoted context omitted.

> 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 :-)

wait why does china have to confirm the sale? i thought tiktok was singaporean!

The CEO of TikTok is from Singapore. Bytedance is a Chinese company.
Post reply on HN