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Toot

Written by Afif on 2025-01-20 at 03:50

@aulia you think Bytedance will really sell half the company like Trump suggested?

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Descendants

Written by Every day I bask in my own stu on 2025-01-20 at 03:57

@afif @aulia This remind of the licence business in early post independence Indonesia, how the licences to import cars ( and I suppose any kind of heavy machinery ) in Indonesia were attributed to hum..."politically connected" people, when I read a passage about it felt like a money printing machine... @carkner maybe you have some fresher/more informed context abt this, I vaguely remind being in Kendari when I read this but it'd be hard-pressed to provide a source

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Written by Aulia Masna on 2025-01-20 at 04:28

@afif I’m skeptical because I don’t believe the Chinese government will allow the US to own half of TikTok but I really don’t know because for me this is uncharted territory. What sort of stock will they own? Will existing shareholders sell? How much will the US government offer, what parts of TikTok would they get in return? How will US data operate with international data? Will ByteDance issue new stocks? What will the USG do with its own social network? Will Trump force a deal involving TruthSocial? So many questions

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