No, see the ownership structure and future operation plans, the app will be broken.
It's Oracle buying them. Expect them to get squeezed.
Trump 2.0 official thread
- Thread starter siegecrossbow
- Start date
It's Oracle buying them. Expect them to get squeezed.
If the posted ownership structure of the TikTok deal posted by Caixin is true, then it doesn't really fundamentally change anything. TikTok US's data was already stored by Oracle domestically, and Bytedance will completely control the TikTok and TikTok US brand, the only difference is the JV will be in charge of managing and storing data and 80% of the dividends and certain kinds of revenue generated by TikTok US will be paid out to US investors, with Bytedance owning 20% of the JV (the fact that the US conceded for Bytedance to own anything is also pretty funny). The brand and technology behind TikTok will be licensed to this JV so they don't even own the technology and their ability to use the algorithm can be revoked at any time.
Overall, it seems like a good deal for Bytedance and the US had to make a lot concessions from their original position of completely taking over the app. I don't see why there's so much pessimism about this. And ultimately, the US government just wants to censor and control information on TikTok (people like Mitt Romney and the head of the ADL have complained about the pro-Palestine content on there) and siphon some of TikTok's revenue to Trump admin sycophants, and China wants to use this as a way of smoothing out trade negotiations, both sides get what they want out of this.
Curious, 100% owned by Bytedance(?), but only receive 19.9% profit share? Also did USDS pay licensing/operating, if so, how much? Bcoz if they still own 100% share, but "lost" "control/operation" and profits cut to just 19.9% instead of 100%, what else did they receive as benefit, just permission to stay in US? (Like will the law banning them be repealed, incase fomer Def Sec of trump1.0 became president next time) Or some other else?
Just an FYI since it seems you lack experience in the corporate world, but share of profits does not include brand and technology licensing fees. Those are completely separate things and I highly suspect are not mentioned due to the political angle.
The Whitehouse is *apparently turning into “gold” under Trump 2.0
Last edited:
Midas touch.
Well, sure.
The question is that what is the goal for such statements expressing a willingness to work with the West.
I never believed that. That that was the case.
However, this is still politics, and China has to appear to be reasonable, NOT for the sake of the West, but in the eyes of others. Such as RCEP and BRICS and SCO.
China used those words when RCEP and BRICS and SCO did not even come into existence yet.
So all these words about reconciling with the West, the intended audience may not be them, the more important receivers of this message is not the West.
That is also the same message China tells to the developing world. Keep the message consistent. It kind of worked.
Also, we got to remember this is the land of Chairman Mao, and we know what he said about do not mess with us.
So I think that is correct way to view this.
China should say we should be friends, while all the time knowing what Chairman Mao demands in those quotations.
This way, there is some real strategic flexibility, we can go any way that seems to be appropriate.
Unlike some other countries, who tend to find themselves inside their own box.
I for one just *love* the WH's cheap Baroque bordello style , look it's so very Trumpian -and I think with all the rather permanent changes Orange Overlord is making....he is not planning to ever leave.As we speak DJT is probably planning to have Camp David bulldozed and rebuilt as his mausoleum -Qin Shi HuangDi style.
We're approaching the endgame where America brings democracy to America.