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US and China reach ‘final deal’ on TikTok sale, treasury secretary says (www.theguardian.com)

submitted 4 weeks ago* (last edited 4 weeks ago) by Powderhorn@beehaw.org to c/technology@beehaw.org

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Nothing to see here but conjecture. Interestingly, though, the failed real-estate developer and former reality-TV host is ready to turn his oops baby into a nepo-baby.

Trump’s 19-year-old son, Barron Trump, has been floated by the president’s former social media producer Jack Advent as a potential board member. Trump has indicated new US investors include conservative media owners Rupert Murdoch and Larry Ellison.

This is so much better than the Chinese having U.S. data! Palantir must be thrilled they can back off on at least some development.

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[–] cupcakezealot@piefed.blahaj.zone 8 points 4 weeks ago* (last edited 4 weeks ago)

it's not a tiktok sale its a licensed version of the algorithm that will silo the us off from global tiktok which is still owned by bytedance/china