Looking it up, Bytedance still gets half the profit from TikTok and the rest is distributed to Oracle, Silver Lake, and MGX, so, no, no profits are going into the US treasury.
And it’s also observed, capturing TikTok may just be the same move as the German Reich to turn media into a state-sanctioned mouthpiece. But I don’t know who determines the parameters of the TikTok algo.
I support seizing the wealth from more industries than just AI
The US has already started with Tiktok.
Trump is in fact our most communist president.
I think “nationalist” is the word you’re looking for.
The Nazis did the same shit, and despite the name, they were not socialist.
Yea and no?
I just know it’s being handled by Oracle, does any money go to the state?
Looking it up, Bytedance still gets half the profit from TikTok and the rest is distributed to Oracle, Silver Lake, and MGX, so, no, no profits are going into the US treasury.
And it’s also observed, capturing TikTok may just be the same move as the German Reich to turn media into a state-sanctioned mouthpiece. But I don’t know who determines the parameters of the TikTok algo.
I remember vaguely that algo was supposed to be in the hands of Oracle, otherwise it doesn’t make any sense.