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

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631–640 of 802 posts

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

#631
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…

Won't this separate out the US community on TikTok completely? Almost like the GFW ironically.

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

#633

Earlier quoted context omitted.

The problem is that the pro stands from problem. Whenever we take a stance, We identify our ego with that stance. We shall die but die a pro X or pro Y As such many debates happen in bad faith as well. Of course everyone has their agenda but one has to understand that agenda is just a framework for understanding the world. And we need to understand the world because it has no inherent meaning. So like, if we really h…

I think it stems from being a selfish species. All our life we pick sides - a sport team, university, town, etc.

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

#634
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…

N. 2 and 3 concerns me quite a lot. This looks like a thing people would 'mock' China for

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

#635

Earlier quoted context omitted.

Board will include one U.S. government–appointed director. Why? The nominal reason for all this is that we didn't want a Chinese company controlling an important social media outlet. I don't love that reasoning, but fine, whatever. So they're forcibly selling it to an American company. Which should solve the problem, right? Are we going to be putting government-appointed directors on all social media companies? Or ju…

Seems obvious to me that this is so the government can force the platform to silence users who are critical of the government.

That, and boosting the influencers they want to be heard.

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

#636

Earlier quoted context omitted.

> People follow the money. Investors wouldn't be interested if they didn't see the value. The value may well be in currying favor with the Trump regime, not in the actual deal for itself. If you can lose a few billion on becoming best friends with an increasingly authoritarian leadership, you may well get much more power and future opportunities from that.

This. Ellison is a Trump+power fanboi. Through a few billion at a project to get multiples in return in other projects.

It might be zionism rather than 'fanboiing' over Trump that motivates him. It seems one has to curry favours with Trump to keep him tolerant of Netanyahu and unconditionally supporting of the state of Israel, and this would likely have such an effect.

Recently the Ellison clan dumped a large amount of money on the infamous genocidaire Bari Weiss and is pushing CBS to accept her as a senior member of their news organisation.

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

#637

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.

That's not true. You won't have state care or education

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

#638

Earlier quoted context omitted.

The problem is that the pro stands from problem. Whenever we take a stance, We identify our ego with that stance. We shall die but die a pro X or pro Y As such many debates happen in bad faith as well. Of course everyone has their agenda but one has to understand that agenda is just a framework for understanding the world. And we need to understand the world because it has no inherent meaning. So like, if we really h…

I think it stems from being a selfish species. All our life we pick sides - a sport team, university, town, etc.

We can't pick sides on violence. In wars, everybody loses.

I don't even know if we can consider things to win if that means that childrens have to die in screams.

I don't want such victories to be celebrated.

I want peace to be celebrated.

I don't think that its highly unusual to have a functioning society that doesn't actively partake where the children/woman/helpless suffer.

We have failed as a society if we can't stop it/actively pick sides in it.

The only side that one should pick is peace.

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

#639

Earlier quoted context omitted.

> a guy at CBS as a "bias monitor" Kenneth Weinstein. "Mr. Weinstein has had a long career in right-leaning and neoconservative public policy circles. He is a firm and vocal champion of Israel." (NyTimes)

[flagged]

We still have (hopefully) a democratic choice how this plays out, so the distinction between left/right is meaningful regarding political overreach (beyond the stereotypes propagandists like to attach).

If you are arguing that the left is identical to the right in that regard, you truly deserve your downvotes. I mean ... leftist censorship-cancelation for no good reason.

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

#640
post #542

Earlier quoted context omitted.

This is such a funny take. In China corporations operate at the behest of the government. In the US the government operates at the behest of corporations.

That's changing, though. They working together, but the balance is tilting towards the US government and worse, towards individuals controlling it.

The U.S. is moving to state capitalism (https://en.wikipedia.org/wiki/State_capitalism) which is common in fascist regimes (think Nazi Germany or fascist Italy)
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