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Assian_Candor [comrade/them]@hexbear.net to news@hexbear.netEnglish · 1 年前

ByteDance would rather shut down tiktok than sell it

hexbear.net

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ByteDance would rather shut down tiktok than sell it

hexbear.net

Assian_Candor [comrade/them]@hexbear.net to news@hexbear.netEnglish · 1 年前
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https://www.reuters.com/technology/bytedance-prefers-tiktok-shutdown-us-if-legal-options-fail-sources-say-2024-04-25/

  • zed_proclaimer [he/him]@hexbear.netBanned
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    1 年前

    Good. China should also retaliate and start forcing American companies in China to hand over ownership

    • jackmarxist [any]@hexbear.net
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      1 年前

      Seize the Tesla factory lmao

      • take_five_seconds [he/him, any]@hexbear.net
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        1 年前

        do it xi no balls you won’t

        • emizeko [they/them]@hexbear.net
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          1 年前

          xinternet dammit they’re PUNKING me on hexbear. I have to act

          • take_five_seconds [he/him, any]@hexbear.net
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            1 年前

            Overheard in The Great Hall of the People after the Hexbear post: “They got me,” Xi said of Hexbear’s dunk on him. “That fucking Hexbear boomed me.” Xi added, “They’re so good at posting,” repeating it four times. Xi then said he wanted to add Hexbear to the list of liberal revisionists he dislikes this summer. xi

            edit: need a better joke for the last sentence

        • Muad'Dibber@lemmygrad.ml
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          1 年前

          Luckily for us the PRC isn’t as easy to manipulate as marty mcfly in back to the future (oh you called me chicken? Guess I’ll do whatever you want me to do now). They ain’t taking the bait.

    • AcidLeaves [they/them, he/him]@hexbear.net
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      1 年前

      They already do…

      Almost everything foreign in China is 51% state owned. McDonald’s franchises, Costcos, Gucci stores, etc.

      • zed_proclaimer [he/him]@hexbear.netBanned
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        1 年前

        Those places entered into China while agreeing to those restrictions. That’s different than the US allowing foreign investment then rugpulling it and stealing the Chinese owned portion of a business after the fact.

        In order to retaliate, China needs to seize or steal American capital.

        • sooper_dooper_roofer [none/use name]@hexbear.net
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          1 年前

          In addition to that:

          60% of ownership is by global hedge funds

          so effectively half of bytedance is owned by westoids anyway

          • redtea@lemmygrad.ml
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            1 年前

            Might depend on whether that 60% has voting rights.

            • AcidLeaves [they/them, he/him]@hexbear.net
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              1 年前

              CPC has something called a golden share in a lot of companies. It’s a 1% equity stake that allows for overruling voting power in certain elections

              • HexBroke@hexbear.net
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                11 个月前

                deleted by creator

      • Assian_Candor [comrade/them]@hexbear.netOP
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        1 年前

        We’ve gotta pump those numbers up

      • TRexBear@hexbear.net
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        1 年前

        deleted by creator

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