TikTok deal puts U.S. owners in charge, but Chinese parent company still has some say

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There are 2 national security problems with China’s control of TikTok, Hayman Capital’s Kyle Bass says: -The Chinese government has “aggressive data collection” policies -TikTok’s algorithm can “influence the thinking and the minds of U.S. youth”

President Donald Trump characterized the deal as a win for the U.S. by making TikTok a company that's owned and controlled by Americans.

Speaking on Fox News on Monday morning, Trump said the Chinese won't have anything to do with TikTok after the deal goes through, and that Oracle and, which said over the weekend that it will take a 7.5% stake in TikTok, will have "total control" over TikTok.

 

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Aggressive?

Sounds like the US needs to claim sovereign proprietary rights on all data originating or terminating in the US. realDonaldTrump

Really? Who would’ve thought

Tiktok controls the kid's mind is a horsecrap. Blaming is another way of doing gimmicks for the losers. Trump is the typical loser as an instance.

Reminder: Zuckerborg’s Facebook algorithm (as a full fledged conduit of Russian Propaganda) did and still does influence the thinking and the minds of Trump’s base. RussianAsset

Influence the minds of youth? Just wait until republicans force school children to hold prayer during snack time!

Imagine what Facebook is doing to users.

deschutterbart Kyle is such a respected source on China! LOL

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ByteDance contradicts President Trump on TikTok deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. shonaghosh Golly gosh. Trump not being truthful? Really? Wow!
Source: BusinessInsider - 🏆 729. / 51 Read more »