71–80 of 124 posts
The Gulf States are seeing absolutely excellent ROI for the 1b they pooled together for a 747.
You mean having their capital bombed with zero response from U.S.-supplied air defense systems is great ROI?
Earlier quoted context omitted.
OT but i think the 747 story deserves a bit more nuance. First of all to be clear i'm dismayed by the idea. It's not great optics that Trump wants to keep the plane (library force one?) . Even accepting it in the first place is also odd. Add to that, using it as Air Force One seems to be impractical. BUT, there is precedent for this move. They gifted an even more expensive plane to Erdogan. From what i understand the…
> Even accepting it in the first place is also odd illegal. That's the word you're looking for. The Constitution is absolutely clear on this: POTUS is not allowed to accept foreign gifts without authorization of Congress. To this day, Trump has neither sought nor received Congressional authorization.
Earlier quoted context omitted.
> Even accepting it in the first place is also odd illegal. That's the word you're looking for. The Constitution is absolutely clear on this: POTUS is not allowed to accept foreign gifts without authorization of Congress. To this day, Trump has neither sought nor received Congressional authorization.
This is the emoluments clause: No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.[5] And the reason they put that there is the obvious one: this is as corrupt as corrupt gets.
This is likely also why Meta announced that they are overhauling Instagram to make Reels and recommendations the default experience - https://uk.finance.yahoo.com/news/instagram-overhaul-app-num.... Just as with Threads, they saw an opening and are doubling down hard.
The biggest benefactor here is Meta. There's no way TikTok will remain a dominant social platform in the US amidst all the political meddling and so many high profile investors with competing interests. This is likely also why Meta announced that they are overhauling Instagram to make Reels and recommendations the default experience - https://uk.finance.yahoo.com/news/instagram-overhaul-app-num... . Just as with Thre…
The ideal scenario isn't the government forcing a sale of TikTok for political reasons. The ideal is that people stop using TikTok because they realize it's not good for them, but I guess I don't see that happening. Instead we'll just continue scrolling while wondering why we're so unhappy and angry all the time.
IMO the ideal is incredibly strong data privacy laws such that it does not matter if consumer products are owned by a rich guy in Mountain View or Abu Dhabi.
> MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, will take 15% stake, with social media firm valued at $14bn So they value the most attention owing social media at a mere $14b? As reference: Meta has a total market cap of around $1.8 T.
For what it's worth, this is just TikTok US, not TikTok as a whole. Make of that what you will.
> MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, will take 15% stake, with social media firm valued at $14bn So they value the most attention owing social media at a mere $14b? As reference: Meta has a total market cap of around $1.8 T.
For what it's worth, this is just TikTok US, not TikTok as a whole. Make of that what you will.
> MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, will take 15% stake, with social media firm valued at $14bn So they value the most attention owing social media at a mere $14b? As reference: Meta has a total market cap of around $1.8 T.