Trump plans to announce a company called TikTok America, with a 50% stake for US investors and 19.9% for ByteDance, which would license the algorithm.
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Wtf, do proprietary algorithms actually cost this much?
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Have they? Where?
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Both can be bad.
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so basically taxpayers will be paying china for an app that only 2% of the country uses
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Why the fuck does this dude care so much about one social media platform being available here? Is he perving on dancing teenagers?
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If I find out Lemmy.world has a mouse favicon I'm going to be disappointed
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Because it's been an incredibly successful propoganda vector for the youth vote.
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Huh. Is that good or bad?
I don’t pay attention to TikTok. I’m not on there.
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You could argue if xai paid xitter 45 billion in their latest
money laundering operationacquisition, then TikTok is worth at least ten xitters -
I believe it is part of a strategy known as indoctrination
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tiktok is used by genz and alpha alot, it helps that they would be the next generation of a dying GOP voters which are primarily boomers, Xers, and some milleneals.
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I wouldnt trust the words of a Palantir exec if they said the sky was blue, but even accepting what they say, its just that the hamas attacks gave the ban impetus to move forwards. By his own words the ban already had bipartesan support and executive approval before that.
The headline that it was "about" Isreal rather than China is a massive reach.
