• givesomefucks@lemmy.world
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    1 month ago

    So…

    Members of the government are seizing private companies for themselves?

    Isn’t that why we can’t have universal healthcare or free education?

    Because the slippery slope would lead to the government seizing private property?

    Why are we skipping the good parts?

      • sunzu2@thebrainbin.org
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        1 month ago

        Shares are special type of property in this country

        Government can seize your house for public good… But never owners shares in his grift!

    • IllNess@infosec.pub
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      1 month ago

      This is to help Elon Musk control TikTok without actually having to buy all of it.

      The government share are going to be non-voting shares.

  • joshhsoj1902@lemmy.ca
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    1 month ago

    So if I’m following this correctly. The US government gave TikTok a year to sell their US operations, they did not and were blocked. Trump came in and gave them a 3 month grace period, to allow them the opportunity to sell their US operations again…

    Why does he expect this is going to go differently? TikTok already showed they would rather go dark than sell.

  • BigMacHole@lemm.ee
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    1 month ago

    It’s a Good Thing we don’t have People who can MASSIVELY PROFIT OFF THIS making Decisions in Government!

  • Pika@sh.itjust.works
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    1 month ago

    All of this falls in dead waters as soon as people realize, Bytedance has already let tiktok die in the states once due to it’s refusal to sell under the ruling. I don’t see how them learning that the US government and a third party /also/ want to buy it will change anything. I think the outcome will be the same.

    Bytedance has made it clear, they would rather have the app offline in the states and leave it online for the rest of the world, then to lose their product, and even if they wanted to sell, which they have currently stated they don’t, that type of deal would need to be OK’d by the Chinese government first, and there’s no way that would happen with a third party, let alone if it means the US government would get half the company.

    I respect Trumps hustle for wanting to give one of the worlds largest social media platforms onto American Soil(more explicitly/likely one of his advisors/business partners), but I really don’t think it’s going to work.

    • frostysauce@lemmy.world
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      1 month ago

      TikTok put up a banner saying that the app was unavailable until incoming President Trump can do something about it despite Biden saying he would not enforce the ban. And then when Trump said he would not enforce the ban they put up a welcome back banner thanking Trump.

      They signaled loud and clear they’re ready to play ball. They’ll get a lot behind the scenes because they kissed the ring. I could see Bytedance selling TikTok but Trump lets them continue to collect data or some shit.

      • Pika@sh.itjust.works
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        1 month ago

        yea then trump said his requirement was selling it still. If they didn’t care about selling they would have sold months ago. They are just doing what’s done to milk a few more months of profit imo

  • Kokesh@lemmy.world
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    1 month ago

    Government stake in TikTok! You think he can’t be dumber. And yet, he surprises you every day.

  • TommySoda@lemmy.world
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    1 month ago

    I mean, this was probably the point from the beginning. I’m sure this has been their plan since they saw that he could turn a place like Twitter into a propaganda machine in just under a year. I’m probably just grasping at straws here, but it seems pretty sus that the TikTok ban only started gaining traction around the time Elmo turned Twitter into a shit hole.