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> The app is owned and controlled by the Chinese Communist Party. It’s not. It’s 60-something percent owned by international foreign investors outside of China
by rzz3 2y ago
> The app is owned and controlled by the Chinese Communist Party.
It’s not. It’s 60-something percent owned by international foreign investors outside of China. TikTok user data in the USA is held under TikTok USDS and managed mostly by Oracle as far as I know.
- talldayo 2y agoThose 60-something percent do not control the development of the app or the moderation or the feed or the compliance with American law. It's a given that ByteDance is being used to toe the party line in the same way America might use Meta or Apple to export faux privacy. We are in a standoff situation where the only smart move is to call China's bluff. It will hurt Apple, it will hurt TikTok users, but it will match China's policy of fighting market infiltration by foreign adversaries. A more functional administration would have this rubberstamped and banned in a week's time, regardless of free speech or 90% of Americans losing their FYP. Just look at how fast the EU and UK acted against Huawei. There is no such thing as a free lunch, in router technology or social media.