Comment by JumpCrisscross
Comment by JumpCrisscross 10 hours ago
> He has a major donor that owns part of TikTok
He has a major donor who owns part of Bytedance. They’re not losing their investment with this ban.
Comment by JumpCrisscross 10 hours ago
> He has a major donor that owns part of TikTok
He has a major donor who owns part of Bytedance. They’re not losing their investment with this ban.
He also has a major donor who owns Meta, and a major donor who owns Twitter/X.
He also has a daughter who is the only American to hold patents in China without having to license IP to a Chinese company.
We are about to see some strange mental gymnastics out of 1600 Penn.
Anyone with significant financial interests in China should not be able to represent the US in confronting China.
And yet..
1. Then why is that investor so aggressively against the forced divestment? (not a ban)
2. Bytedance will certainly lose value if its main product loses one of its main markets.