this post was submitted on 06 Dec 2024
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Because China doesn't allow Tiktok as we have it. They understand it's a plague and enforce that it should not exist. So no shit you're not going to fine the Chinese Tiktok look like our tiktok. That's literally what I said. FFS.
Bytedance owns it. There is a 20% direct stake by the OG Chinese owners, weird... Original owners are Chinese... and you think their government doesn't have some say? By Chinese law the owners must give China whatever the fuck China wants (yay communism!). Further, Chinese officials have a seat on the company board. Weird for a 1% stake owner to have a seat on the board.
Weird that a public international company would just allow a government to take ownership stake from them. Huh... totally not chinese though! Chinese owners, direct ownership stake by China (against the remaining owners will, as nobody would willingly give a government ownership of their company that they have majority share in).
https://www.politifact.com/factchecks/2024/mar/15/brian-kilmeade/who-owns-tiktok-despite-what-brian-kilmeade-says-i/
I'm so tired of people not calling a spade a spade. You believe what you want. You'll never be convinced otherwise regardless.