• fidodo@lemmy.world
    link
    fedilink
    English
    arrow-up
    82
    arrow-down
    4
    ·
    8 months ago

    They’re technically not banning tiktok, they’re banning China from owning tiktok

      • Rinox@feddit.it
        link
        fedilink
        arrow-up
        6
        arrow-down
        1
        ·
        8 months ago

        Yeah, you are right. They should do like they do in China, sell to a JV with a local company at fire sales price… Oh wait

        • UnderpantsWeevil@lemmy.world
          link
          fedilink
          arrow-up
          2
          arrow-down
          3
          ·
          8 months ago

          sell to a JV with a local company at fire sales price

          The Chinese policy is to share ownership with locals, so that a firm isn’t simply extracting wealth from the Chinese market.

          The American policy is to seize a pre-existing firm after it has developed, by accusing its Singapore founder of being a secret Chinese Communist.

    • Filthmontane@lemmy.world
      link
      fedilink
      arrow-up
      16
      arrow-down
      8
      ·
      8 months ago

      This is primarily intended as a hostile buyout of tiktok. It has literally nothing to do with China.

      • FiniteBanjo@lemmy.today
        link
        fedilink
        arrow-up
        5
        arrow-down
        4
        ·
        edit-2
        8 months ago

        Lmao, the USA doesn’t operate the commercial sector outside of power, trains, rockets, and planes. It won’t benefit from the sale in any way other than lowering Chinese involvement.

        • Filthmontane@lemmy.world
          link
          fedilink
          arrow-up
          7
          arrow-down
          3
          ·
          8 months ago

          The US government works for the billionaires that run the economy. Many billionaires want to buy tiktok. In fact, there’s already teams of people set up for buying out tiktok. The government is just the tool for the hostile acquisition. No one said the US government is directly purchasing tiktok.

          • FiniteBanjo@lemmy.today
            link
            fedilink
            arrow-up
            2
            arrow-down
            5
            ·
            8 months ago

            The US Government and Billionaires are opposing forces, one political party wants to tax billionaires while the other is on the payroll.

            • tbs9000@lemmy.world
              link
              fedilink
              arrow-up
              4
              arrow-down
              2
              ·
              8 months ago

              They’re not at all opposing forces. Some billionaires are in competition with each other and political parties are tools at certain billionaires disposal.

              The act of taxing income is but one political mechanism used to influence the power of some billionaires over another.

                • tbs9000@lemmy.world
                  link
                  fedilink
                  arrow-up
                  2
                  arrow-down
                  1
                  ·
                  8 months ago

                  I’m not sure I understand your question. They are both pro-government. If any one human could be the personification of government, it would be the President of the United States.

                  • FiniteBanjo@lemmy.today
                    link
                    fedilink
                    arrow-up
                    1
                    ·
                    8 months ago

                    So every billionaire is pro-government, and against taxation, but also pro-taxation to hurt the other billionaires (each other) but also the political party with a platform of “Tax the Rich” is in no way actually opposed to the political party who literally cuts taxes for the rich?

                    You should see a doctor.

    • finnie@lemmy.world
      link
      fedilink
      arrow-up
      11
      arrow-down
      34
      ·
      8 months ago

      They’re not going to sell though. The US only makes up a single-digit % of their users.