i think tik tok might be in a position where they must sell in order to continue serving content to American users

https://apnews.com/article/trump-tiktok-china-bytedance-social-media-tariffs-665e46fd5bb555e97c4d7301e07230df

The order was announced as White House officials believed they were nearing a deal for the app’s operations to be spun off into a new company based in the U.S. and owned and operated by a majority of American investors,

the extension only happened because after the TikTok CEO, Shou Chew, threw a big party for right wing influencers during Trump’s record breaking $200M bribe acceptance party inauguration, Trump mysteriously halted the order (despite being signed into law) to ban the app.

from the article:

Top TikTok executives reportedly rubbed shoulders with American tech leaders and handed out business cards at an elite pre-inauguration donor event on Sunday featuring members of the Trump administration, as the app’s future in the U.S. remains uncertain.

Tiktok executives including CEO Shou Chew and vice president Michael Beckerman were reportedly on hand at the event, which President Donald and First Lady Melania Trump hosted at the National Building Museum in Washington. They joined a reported guestlist including Vice President JD Vance, Jeff Bezos, Elon Musk, and conservative megadonor Miriam Adelson.

geeze, it’s almost like the tech oligarchs told Trump to pause the ban until they could negotiate a way to profit more from acquisition of TikTok (or a newly created US based subsidiary that Bezos is trying to invest in) than by outright banning users access to it, cold turkey.

people keep using this ‘interrupting your enemy’ phrase incorrectly and it’s really tiresome.

it’s like, “hey, your enemy is destroying your country, do something!” and braindead meme junkies are like “well actually, don’t interrupt your enemy…” smh

ig it gives them permission to do nothing… it grants validation for passivity.

wealthy people are not a monolith. some, those with advance warning (insider advantage) will benefit while others lose out. this is not just about rich vs poor, it’s also ultra rich vs ultra rich, cabals of powerful elites vying for control of global markets in the chaotic aftermath of global financial restructuring.

in addition to buy low, sell high… perhaps even more lucrative, the crash will be used as an excuse for another massive corporate bailout benefiting the wealthiest business owners and will accelerate the transfer of wealth from govt (taxpayers/poors) to private interests (oligarchs and bankers). this happened in 2008, during Covid PPP, and it will happen again.

this would have worked in 2016, I doubt it would now. the oligarchs who put the administration in power want their pound of flesh, and they will get it regardless of whose name is in the daily headlines.

hundreds of thousands of federal workers have been fired, research and education slashed, unprecedented damage done to institutions, and civil rights violations not seen in peacetime in generations. no, I’m afraid ignoring Trump isn’t going to solve anything.

the oligarchs must be stopped. one way or another.

first time hearing about this, any more details you can provide or link to a news release? is this Ubiik?

saving this for later, thanks

the Cold War was a free printing money machine for 50 years. creating a new one against China makes sense if you’re an oligarch whose wealth rides upon govt contracts and endless military industrial expansionism.

and it kinda explains why Putin is manipulating Trump to make him believe they’ll choose the US over China in a game of saber rattling. Russia is positioning itself to be the tie-breaker so it can play both sides against one another in lucrative energy/arms deals. maybe they’ll even get some real estate out of it.