Then it should be easy to buy out that 1% stake.
I’m not saying it’s a good bill, but reducing interference by foreign governments in US sold products is not against any party’s philosophies.
Comment on US lawmakers vote 50-0 to force sale of TikTok despite angry calls from users
Eiim@lemmy.blahaj.zone 6 months agoIt’s really not though? The Chinese government has a 1% stake in ByteDance. Meanwhile ~60% is foreign investors – believed to be mostly American.
Knock_Knock_Lemmy_In@lemmy.world 6 months ago
PriorityMotif@lemmy.world 6 months ago
Do you think that They could avoid doing something that the Chinese government tells them to do?
BreakDecks@lemmy.ml 6 months ago
You mean like how US ISPs wiretapped the Internet for the NSA? en.m.wikipedia.org/wiki/PRISM
But really, how dare anyone but us do that.
PriorityMotif@lemmy.world 6 months ago
Yes, why not let everyone do it if someone else is already doing it.
nialv7@lemmy.world 6 months ago
You have a misunderstanding of how China’s government operates. It does not matter how much stake the government holds, companies just cannot say no to the government’s request. Otherwise you will be disappeared. See Alibaba for example.
Remember, China does not have a democracy.
Crikeste@lemm.ee 6 months ago
Ooooof, somebody licking the boot of capitalism a little too hard.
ferralcat@monyet.cc 6 months ago
That’s literally the same thing the us government is doing here…