ZeroCool@slrpnk.net to Technology@lemmy.worldEnglish · 8 months agoUS lawmakers vote 50-0 to force sale of TikTok despite angry calls from usersarstechnica.comexternal-linkmessage-square314fedilinkarrow-up1611arrow-down116
arrow-up1595arrow-down1external-linkUS lawmakers vote 50-0 to force sale of TikTok despite angry calls from usersarstechnica.comZeroCool@slrpnk.net to Technology@lemmy.worldEnglish · 8 months agomessage-square314fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up38arrow-down4·8 months agoIs it a private business if it’s owned by the Chinese government?
minus-squareEiim@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up12arrow-down6·8 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.
minus-squarenialv7@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down3·8 months agoYou 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.
minus-squareferralcat@monyet.cclinkfedilinkEnglisharrow-up1arrow-down6·8 months agoThat’s literally the same thing the us government is doing here…
minus-squareCrikeste@lemm.eelinkfedilinkEnglisharrow-up4arrow-down13·8 months agoOoooof, somebody licking the boot of capitalism a little too hard.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up8·8 months agoThen 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.
minus-squarePriorityMotif@lemmy.worldlinkfedilinkEnglisharrow-up4·8 months agoDo you think that They could avoid doing something that the Chinese government tells them to do?
minus-squarefuckingkangaroos@lemm.eelinkfedilinkEnglisharrow-up1·8 months agoNo. It’s a malicious foreign entity.
Is it a private business if it’s owned by the Chinese government?
It’s really not though? The Chinese government has a 1% stake in ByteDance. Meanwhile ~60% is foreign investors – believed to be mostly American.
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.
That’s literally the same thing the us government is doing here…
Ooooof, somebody licking the boot of capitalism a little too hard.
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.
Do you think that They could avoid doing something that the Chinese government tells them to do?
No. It’s a malicious foreign entity.