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

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

#371
post #366

Earlier quoted context omitted.

Seems like it. It seemed kind of inevitable. Biden made a mistake going down this road - of course, Trump started the ball rolling during his first term, but Biden should've just left it alone because it wasn't hard to see that this was the likely outcome.

Biden? You do realize Trump attempted to “ban” TikTok in his first term when the original Oracle “deal” happened, right? Pinning this in Biden takes some serious mental gymnastics. https://www.npr.org/2020/09/20/914032065/tiktok-ban-averted-...

Yeah, I do realize that and in fact mention it in the comment above: of course, Trump started the ball rolling during his first term. Not "pinning" it on Biden, per se, but he is the one who signed the bill. It would have been much better to leave it alone. https://www.cnn.com/2024/04/23/tech/congress-tiktok-ban-what...

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

#372
post #366

Earlier quoted context omitted.

Seems like it. It seemed kind of inevitable. Biden made a mistake going down this road - of course, Trump started the ball rolling during his first term, but Biden should've just left it alone because it wasn't hard to see that this was the likely outcome.

Biden? You do realize Trump attempted to “ban” TikTok in his first term when the original Oracle “deal” happened, right? Pinning this in Biden takes some serious mental gymnastics. https://www.npr.org/2020/09/20/914032065/tiktok-ban-averted-...

Biden signed the bill.

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

#374
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.

Americans are good at spending money.

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

#375
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…

I don't know about tik-tok, but Instagram is totally unhinged. Boobs, butts, gambling, brain rot, watchbait/ragebait, all that stuff. YouTube shorts gets all the hate, but I find the content to consistently be the most sophisticated? PG rated? educational?

> Boobs, butts, gambling, brain rot, watchbait/ragebait, all that stuf

I don't understand how other people have this experience and I don't. I see targeted ads of course. And every once in a while it starts showing me content for things I don't follow, at which point I start mashing the button they provide to make it go away, and after a handful it pops up something asking if I want to remove all suggested content for a while. I always select yes.

Do other people actually *want* suggested comment? that's bizarre.

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

#376
post #366

Earlier quoted context omitted.

Seems like it. It seemed kind of inevitable. Biden made a mistake going down this road - of course, Trump started the ball rolling during his first term, but Biden should've just left it alone because it wasn't hard to see that this was the likely outcome.

Biden? You do realize Trump attempted to “ban” TikTok in his first term when the original Oracle “deal” happened, right? Pinning this in Biden takes some serious mental gymnastics. https://www.npr.org/2020/09/20/914032065/tiktok-ban-averted-...

[deleted]

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

#377
post #224
post #205

Key details: 1. New, US-specific TikTok App, separate from the main TikTok app in content and users. 2. 80% owned by a U.S. investor consortium led by Oracle, Silver Lake, and Andreessen Horowitz, 20% by Bytedance. 3. Board will include one U.S. government–appointed director. 4. All U.S. user data would sit on Oracle infrastructure in the US. 5. Algorithm will be initially licensed, but has to be reengineered to comp…

> All U.S. user data would sit on Oracle infrastructure in the US. Legally required to use the services of a specific company, that's a sweet deal right there.

Vendor lock-in, with a heavy legal implications, is Oracle's bread and butter of operation.

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

#379
post #19

> one member designated by the US government. Why does the board of TikTok need a gov member? Is Meta going to get a gov chaperone too? And Oracle surely needs one as well. Is the gov putting out a call for board member civil servants? Like where does this person even come from?

> Is Meta going to get a gov chaperone too? They already got quite a few, post 2024 election. https://about.fb.com/news/2025/01/dana-white-john-elkann-cha... https://www.cnn.com/2025/08/14/tech/robby-starbuck-meta-ai-a...

Ha. I hadn’t seen the news in the latter link.

Washed-up music video director to professional Twitter poster to advisor at Facebook. What a display of the American meritocracy.

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

#380
post #261

[flagged]

It's rather amazing. They found one of the few organizations I trust less than the Chinese government to run this.

Ya, the only comparably worse choices would have been IBM or Salesforce. Also known as the toxic techs.
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