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

wsj.com

421–430 of 802 posts

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

#421

Are there any other examples of something like this happening? A successful (foreign) app is forced to be sold to a US company just because of its country of origin? What happened to the free market? It's remarkable that privacy is even in the conversation when FAANG is just as bad Not to mention that this is all just a distraction from the very real destruction Trump 2.0 is doing to peoples' lives, safety, financial…

Yes, in 2020 Grindr was forced to sell for similar reasons.

Today I learned! I remember it being sold to a Chinese company a few years ago, didn’t know it went back to US ownership. Ironically just deleted it because even with an Adblocker it’s still unusable with all the bots

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

#423

Earlier quoted context omitted.

> Board will include one U.S. government–appointed director. In other words, one's data will now be under the scrutiny of amoral radicals who have decided to target people for political speech.

We are slowly becoming Communist China. Won't be long until all companies will be required to have a party office.

maybe, but i think what I see here is trump is not interested to beat china, just see what he did with s korea and india.

the only thing may indicate that trump is competing with china is how hard he's trying to please putin, but apparently he needs to work harder to get into the organ harvesting club.

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

#427

Is this a coup by conservative government to gain control of this social network to promote it's ideologies? first Twitter, now Tiktok, both controlled by conservative interests?

This law passed during the Biden administration, but its implementation has been delayed repeatedly by the Trump administration.

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

#428
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…

> Board will include one U.S. government–appointed director. In other words, one's data will now be under the scrutiny of amoral radicals who have decided to target people for political speech.

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

#430
post #418

Earlier quoted context omitted.

That's bonus. The real thing is to make tiktok a right-wing ideology machine. I'd rather have the CPC than the GOP at the helm.

I don’t want either of them, but credit where credit is due. China is doing well as a country and the standard of living has increased even if it’s under an authoritarian regime. I wonder how long that will last. Meanwhile, the USA is becoming Russia. Basically a bunch of misinformed morons living in the past and thinking we are on top of the world while we accelerate towards irrelevance on the global stage if not fo…

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