• fidodo@lemmy.world
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    6 months ago

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

      • Rinox@feddit.it
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        6 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
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          6 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
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      6 months ago

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

      • FiniteBanjo@lemmy.today
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        6 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
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          6 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
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            6 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
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              6 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
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                  6 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
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                    6 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
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      6 months ago

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