this post was submitted on 30 May 2024
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Holy shit, that is a sweet deal. What I think is more interesting however, is that it's also kinda revealing that they think law works like this in the West - and also what level of control they think is acceptable for a state to have.
This is even more extreme than Douyin's arrangement with the Chinese government lmao
It's so funny
What I like is that the west is the one failing to stick to its own stated principles of capitalism and private property.
Tbh I'd say it's more about the fact china doesn't allow western companies in china to do what tiktok was doing in the us.
I mean... These terms exceed what Douyin does in China. It's actually an insane level of concessions.