RD2WINAGNBEAR86 said:

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boognish_bear said:

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Assassin said:

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boognish_bear said:

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The Supreme Court upholds the TikTok Ban

Many members of Congress bought META stock as they were voting to ban TikTok, they’re getting rich while eliminating their donors competition

Congressman Michael McCaul who wrote The TikTok Ban Bill invested $1.15 Million into META after… pic.twitter.com/W1q2VrHX1S

— Wall Street Apes (@WallStreetApes) January 17, 2025

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Interesting. Track the money!

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So Trump is pretty much giving the Supreme Court the finger. Shame on him and Rand Paul.

So much for Trump being tough on China! That sure didn't last long.

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From what I have heard, Trump has been speaking with the SC conservative judges to make sure this is legal. Wish there was a little more info on that. And he is being tough on China, you just can't see it happening. He's waving a massive tarrif stick.

BREAKING: TikTok is back in the US. pic.twitter.com/a0dKQ1Q9Wc

— unusual_whales (@unusual_whales) January 19, 2025

What changed Trump's views on it? in 2023, TikTok has moved its US user data and granted access to its algorithm and source code to Oracle, allowing the company to review and audit the platform's operations to address concerns about data privacy and potential Chinese government interference with US user data; essentially, Oracle is now monitoring TikTok's algorithm to ensure its integrity and transparency

Assassin said:

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What changed Trump's views on it? in 2023, TikTok has moved its US user data and granted access to its algorithm and source code to Oracle, allowing the company to review and audit the platform's operations to address concerns about data privacy and potential Chinese government interference with US user data; essentially, Oracle is now monitoring TikTok's algorithm to ensure its integrity and transparency

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Project Texas: This initiative, where TikTok collaborates with Oracle to address US data security concerns, is often referred to as "Project Texas".

this is either:
1. xi jinpings magnum opus, turning thousands of american girls maoist
or
2. a masterstroke by the cia, oneshotting chinese military age men’s will to fight by showing them the most turbo giga optimized e-thots ever devised

i honestly cant figure out which https://t.co/P2JUkwtafn

— doomer (@uncledoomer) January 19, 2025

Maybe both??

Sounds like he may be a little at odds with Trump. I think in Trump's tweet he mentioned a 50% split with TikTok.

House Speaker Mike Johnson (R-LA) says Congress “will enforce the law” ensuring that TikTok is completely sold or it will be banned.

He says there must be “a full divestiture from the Chinese Communist Party,” not just a 50% sale.

He adds: “It’s not the platform that members of… pic.twitter.com/TRnWS3vWtT

— Ryan Saavedra (@RealSaavedra) January 19, 2025

boognish_bear said:

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Sounds like he may be a little at odds with Trump. I think in Trump's tweet he mentioned a 50% split with TikTok.

House Speaker Mike Johnson (R-LA) says Congress “will enforce the law” ensuring that TikTok is completely sold or it will be banned.

He says there must be “a full divestiture from the Chinese Communist Party,” not just a 50% sale.

He adds: “It’s not the platform that members of… pic.twitter.com/TRnWS3vWtT

— Ryan Saavedra (@RealSaavedra) January 19, 2025

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Trump said that the USA must own 50% of the product. In the vids I saw, he didn't mention who would own the other half, but I think I read that he is expecting it to be sold to groups like the one Frank McCourt and Kevin OLeary started

My statement with @SenatorRicketts on TikTok being removed from app stores. pic.twitter.com/RwLcKBOxBw

— Tom Cotton (@SenTomCotton) January 19, 2025

I think that the folks railing against TicTok right now are not seeing the longterm goal of Trump. Let the USA own half of TicTok, sell the other half to a US or similar concern, own or develop our version of the algorithm, stand back, and let billions of dollars come into the coffers.

If we are going to dig ourselves out of the hole the liberal left has dug for us, then we need new and innovative sources of income. This is one.

Keyser Soze said:

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Honest question - how is TicTok different in gathering information from other platforms such as Facebook.

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I don't see a difference. and Facebook sells our information.

historian said:

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Keyser Soze said:

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Honest question - how is TicTok different in gathering information from other platforms such as Facebook.

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Tik Tok's ties to the CCP is more direct & obvious.

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How so? How does CCP learning I watched an apple pie video over Thanksgiving make them more dangerous than Facebook who is selling our information?

Assassin said:

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RD2WINAGNBEAR86 said:

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boognish_bear said:

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Assassin said:

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boognish_bear said:

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The Supreme Court upholds the TikTok Ban

Many members of Congress bought META stock as they were voting to ban TikTok, they’re getting rich while eliminating their donors competition

Congressman Michael McCaul who wrote The TikTok Ban Bill invested $1.15 Million into META after… pic.twitter.com/W1q2VrHX1S

— Wall Street Apes (@WallStreetApes) January 17, 2025

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Interesting. Track the money!

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So Trump is pretty much giving the Supreme Court the finger. Shame on him and Rand Paul.

So much for Trump being tough on China! That sure didn't last long.

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From what I have heard, Trump has been speaking with the SC conservative judges to make sure this is legal. Wish there was a little more info on that. And he is being tough on China, you just can't see it happening. He's waving a massive tarrif stick.

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You ok with that?

This is the US government taking over a company without compensation and running it as a for-profit entity.

Is it 100 or 200? Guess we will be seeing

BREAKING: Trump is planning 100 different executive orders today, per YF.

— unusual_whales (@unusual_whales) January 20, 2025

Mitch Blood Green said:

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historian said:

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Keyser Soze said:

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Honest question - how is TicTok different in gathering information from other platforms such as Facebook.

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Tik Tok's ties to the CCP is more direct & obvious.

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How so? How does CCP learning I watched an apple pie video over Thanksgiving make them more dangerous than Facebook who is selling our information?

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Possibly. But it is more direct. And I doubt they care about what you eat. There is so much more info that they (along with FB, Apple, Google, etc) can get from spying on you and it's a lot more dangerous than food videos.

Keyser Soze said:

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Do people realize that a tariff is ultimately paid for by the consumer?

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Most people don't realize that ALL taxes on corporations (& all other costs from regulations, fees, fines, lawsuits, etc) are eventually paid by consumers.

historian said:

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Keyser Soze said:

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Do people realize that a tariff is ultimately paid for by the consumer?

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Most people don't realize that ALL taxes on corporations (& all other costs from regulations, fees, fines, lawsuits, etc) are eventually paid by consumers.

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Be still (my economic) beating heart !


It is just mind numbingly dumb these people that say corporations don't pay enough. Unlike a personal tax, it is just another cost.

People in general do not understand economics adequately. Their education is not advanced if they learn Marxist or even Keynesian economics. It's better to focus on the Austrian School: Ludwig von Mises, Frederick von Hayek, Milton Friedman.

historian said:

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People in general do not understand economics adequately. Their education is not advanced if they learn Marxist or even Keynesian economics. It's better to focus on the Austrian School: Ludwig von Mises, Frederick von Hayek, Milton Friedman.

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Yep. And there seems to be a current rise in Mercantilism which peaked about 400 years ago.

It certainly seems that way but I'm unsure if that's what it really is.

Keyser Soze said:

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historian said:

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People in general do not understand economics adequately. Their education is not advanced if they learn Marxist or even Keynesian economics. It's better to focus on the Austrian School: Ludwig von Mises, Frederick von Hayek, Milton Friedman.

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Yep. And there seems to be a current rise in Mercantilism which peaked about 400 years ago.

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For the great unwashed, what is Mercantilism?

The economic system of Europe in the 18th century that focused in gaining wealth for a country (especially the king) by any means necessary including protective tariffs, granting monopolies, hoarding gold, etc. Note, it was these kinds of economic policies as much as taxes that led to the American Revolution.

Mitch Blood Green said:

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boognish_bear said:

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BREAKING: Kevin O’Leary says he’s offering $20 billion cash for TikTok, per the Hill

— unusual_whales (@unusual_whales) January 18, 2025

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It's worth $300B

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TikTok's valuation varies significantly based on the inclusion of its proprietary algorithm. With the algorithm, Wedbush analyst Dan Ives estimates TikTok's worth at "well north of $100 billion," potentially reaching up to $200 billion in an optimal scenario. Without the algorithm, the valuation drops to approximately $40 billion to $50 billion.
Associated Press

These figures are influenced by recent developments, including the U.S. Supreme Court's decision to uphold a law requiring ByteDance, TikTok's Chinese parent company, to divest its U.S. operations by January 19, 2025, or face a ban. In response, several potential buyers have emerged, such as billionaire Frank McCourt, who has expressed interest in acquiring TikTok's U.S. operations.
Reuters

Additionally, President-elect Donald Trump has announced plans to "save TikTok" by proposing a joint venture where the U.S. government would hold a 50% stake in the company. This proposal aims to address national security concerns while keeping the platform operational for its 170 million American users.
The Verge

Southtxbear said:

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Mitch Blood Green said:

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boognish_bear said:

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BREAKING: Kevin O’Leary says he’s offering $20 billion cash for TikTok, per the Hill

— unusual_whales (@unusual_whales) January 18, 2025

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It's worth $300B

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TikTok's valuation varies significantly based on the inclusion of its proprietary algorithm. With the algorithm, Wedbush analyst Dan Ives estimates TikTok's worth at "well north of $100 billion," potentially reaching up to $200 billion in an optimal scenario. Without the algorithm, the valuation drops to approximately $40 billion to $50 billion.
Associated Press

These figures are influenced by recent developments, including the U.S. Supreme Court's decision to uphold a law requiring ByteDance, TikTok's Chinese parent company, to divest its U.S. operations by January 19, 2025, or face a ban. In response, several potential buyers have emerged, such as billionaire Frank McCourt, who has expressed interest in acquiring TikTok's U.S. operations.
Reuters

Additionally, President-elect Donald Trump has announced plans to "save TikTok" by proposing a joint venture where the U.S. government would hold a 50% stake in the company. This proposal aims to address national security concerns while keeping the platform operational for its 170 million American users.
The Verge

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If 50% was owned by the US government, would be a great turnabout, where once it was a security threat to later become a security asset and tool.

Assassin said:

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Keyser Soze said:

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historian said:

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People in general do not understand economics adequately. Their education is not advanced if they learn Marxist or even Keynesian economics. It's better to focus on the Austrian School: Ludwig von Mises, Frederick von Hayek, Milton Friedman.

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Yep. And there seems to be a current rise in Mercantilism which peaked about 400 years ago.

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For the great unwashed, what is Mercantilism?

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What historian said .... also that successful trade resulted in gold returning to your mother country.

Modern day people look at a trade deficit between countries as bad. That is an old Mercantilism view creeping in. A trade deficit does not mean a great deal. On a personal level, we all have a trade deficit with our grocery store. Few consider that a bad thing.

There is a number of great clips of Milton Freedman on YouTube. Very worthwhile. Asked on this topic "what if China (any any) gives subsidies to an industry? Milton's reply "Who am I to turn down foreign aid from China".

Harrison Bergeron said:

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In typical fashion, idiot Biden signed the law to ban it and then refuses to blame Trump.

This stupid son of a female dog cannot get to hell soon enough.

Democrats are pathetic.

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I find all of this shlt absolutely hilarious. "we are selling ourselves to China" claim so many, and then they bltch about not getting paid for whoring themselves on social media. It's all good if your party is the anathema.

We are truly a lost society.

trey3216 said:

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TinFoilHatPreacherBear said:

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Southtxbear said:

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Mitch Blood Green said:

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boognish_bear said:

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BREAKING: Kevin O’Leary says he’s offering $20 billion cash for TikTok, per the Hill

— unusual_whales (@unusual_whales) January 18, 2025

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It's worth $300B

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TikTok's valuation varies significantly based on the inclusion of its proprietary algorithm. With the algorithm, Wedbush analyst Dan Ives estimates TikTok's worth at "well north of $100 billion," potentially reaching up to $200 billion in an optimal scenario. Without the algorithm, the valuation drops to approximately $40 billion to $50 billion.
Associated Press

These figures are influenced by recent developments, including the U.S. Supreme Court's decision to uphold a law requiring ByteDance, TikTok's Chinese parent company, to divest its U.S. operations by January 19, 2025, or face a ban. In response, several potential buyers have emerged, such as billionaire Frank McCourt, who has expressed interest in acquiring TikTok's U.S. operations.
Reuters

Additionally, President-elect Donald Trump has announced plans to "save TikTok" by proposing a joint venture where the U.S. government would hold a 50% stake in the company. This proposal aims to address national security concerns while keeping the platform operational for its 170 million American users.
The Verge

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If 50% was owned by the US government, would be a great turnabout, where once it was a security threat to later become a security asset and tool.

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You don't want government interference but are willing to have an app owned by the US government for surveillance purposes. Lol

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Would be funny in an ironic way. But I'm not actually supportive of government ownership. But US company buyer, I'm good with that requirement.

I don't have TikTok so I don't know if this is accurate or not

REPORTER: Why did you change your mind about TikTok?

TRUMP: Because I got to use it. And remember, TikTok is largely about kids. Young kids. If China is gonna get information about young kids, I don't know -- to be honest with you, I think we have bigger problems than that. pic.twitter.com/uHtje6EEQb

— Aaron Rupar (@atrupar) January 21, 2025

I think there should be a law protecting the digital privacy of all Americans. Companies should be limited on what kk d if data they c add n gather on people and to whom they can share it. No one should be allowed to share any American's personal data with a foreign govt. Also, each of us should have access to know exactly what data they have about us and don't control of it. I should be able to limit and edit what info Google, Apple, etc has about me and who they share it with, including advertisers.

historian said:

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I think there should be a law protecting the digital privacy of all Americans. Companies should be limited on what kk d if data they c add n gather on people and to whom they can share it. No one should be allowed to share any American's personal data with a foreign govt. Also, each of us should have access to know exactly what data they have about us and don't control of it. I should be able to limit and edit what info Google, Apple, etc has about me and who they share it with, including advertisers.

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Feels like those cows are so far out of the barn we aren't ever getting them back in