Earlier quoted context omitted.
There is a penalty just congress has to enforce it.
The only penalty congress can enforce on the executive is cutting the budget of things the executive wants funded.
or impeachment?
U.S. investors, Trump close in on TikTok deal with China
451–460 of 802 posts
Re: U.S. investors, Trump close in on TikTok deal with China
#452Between this and the US government taking ownership in Intel the "small government is good" and "socialism is bad" crowd have been very very quiet.
They have been on a leash since the first term. Look what happened to Paul Ryan, the deficit, money supply, and federal reserve balance sheet.
Re: U.S. investors, Trump close in on TikTok deal with China
#453Key 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…
Of all the tech companies, Oracle seems to be making the most and a killing due to Larry's cosy relations with Trump.
Last week's announcement that they have a 500 B deal with Open AI, and now this.
Elon really fucked up!
Re: U.S. investors, Trump close in on TikTok deal with China
#454Earlier 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…
Remember that you can't have a democracy and increase the standard of living of your people and don't have USA planning a coup.
Re: U.S. investors, Trump close in on TikTok deal with China
#455Oracle is then going to mandate license fees from every user, together with 22% support fees with 8% increase every year. They'll then rewrite TikTok in Java, and migrate to Oracle Database.
The Enoracleification of Tiktok.
Re: U.S. investors, Trump close in on TikTok deal with China
#456Earlier 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.
What an insane thing to say! But also... how insane is it that I agree with you based on objective reality? Can you imagine seriously saying that 20-30 years ago? 1984's doublethink/doublespeak always seemed over the top, yet we are at a point particularly recently where the anti cancel culture sentiment has lead to... proposals to curb undesirable speech, cancelling people... which in turn is undesirable because it…
> wonder how many historical parallels exist and what the outcomes were; IE https://en.m.wikipedia.org/wiki/Forbidden_colors_(Japan) - which I think lead to a flourishing of clothing design for commoners
So that’s where the name of that David sylvian / ryuichi sakamoto song came from.
I always thought it was just a throw away from the subject matter.
Re: U.S. investors, Trump close in on TikTok deal with China
#457Is 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?
It's a page in the conservative playbook going back a long time, from consolidating newspapers to talk radio to TV stations and now a new type of media...
Re: U.S. investors, Trump close in on TikTok deal with China
#458Earlier 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-...
No one can seem to remember who was president in 2020...
Re: U.S. investors, Trump close in on TikTok deal with China
#459Earlier quoted context omitted.
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…
>> China is doing well as a country and the standard of living has increased even if it’s under an authoritarian regime. What do you mean "doing well"? https://asiatimes.com/2025/05/chinas-economy-on-cusp-of-a-de... May 2025: Tariffs are drying up international demand for Chinese goods, and in a bid to keep factories alive, Beijing is urging exporters to turn inward. However, that pivot is compounding the very proble…
Yes, trade wars suck but overall if you’re a young Chinese citizen today you’re doing better than your parents or grandparents could’ve dreamed:
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location...
Yes, I’m fully aware that’s starting so low because of horrible governments in the past and that the current government is far from great, but that’s still moving in the right direction at the time the United States is trying to speed run to a Russian-style oligarchy and most people under 50 think it’s getting worse.
Re: U.S. investors, Trump close in on TikTok deal with China
#460The USA forcibly nationalized TikTok so they can install their own surveillance and censorship apparatus along with skimming from TikTok's profits. All while decrying China for... the same thing.
Republicans, not USA
Isn't this as bipartisan as it gets? Trump wanted China to divest from Tiktok. Congress passed the bill. Biden signed it. The Supreme Court agreed that, yes, this is legal.
Sure, people didn't vote for Larry Ellison to take control. But something like this is what we wanted, right?