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This rant has some truth in it but it goes too far and comes off as unbalanced. From the conclusion:

> This was never about addressing privacy, propaganda, or national security. It was always about the U.S. stealing ownership of one of the most popular and successful short form video apps in history because companies like Facebook were too innovatively incompetent to dethrone them in the open market. Ultimately this bipartisan accomplishment not only makes everything worse, it demonstrates we’re absolutely no better than the countries we criticize.

I think when PAFACA passed and set up a ban of TikTok, it was in fact about privacy and propaganda and national security. It’s just that the Trump administration looks at every single situation as an opportunity for grift and corruption, and they abused the opportunity.

The deal does shift algorithmic control and moderation to US based entities. I am not sure what that means in reality. Maybe they can just say they’re in control but choose to use the existing system? Who knows. The terms of the deal look like they help with the original concerns on the face of it.

They can do whatever they want with it with the sure knowledge that the users will never leave it. Tiktok is the digital equivalent of "getting kids addicted to heroin"
Social Media is the digital equivalent of "getting kids addicted to heroin" reply

> This was never about addressing ... national security

You have no idea what you are talking about.

lol, so 'We know this is crack cocaine mind-control spyware. Give us a seat in the control room'
The stated purpose of the law was to get TikTok out of the hands of a foreign adversary, and that was accomplished. Remember when Trump took office, and lots of people were worried he would refuse to enforce this law?

It sounds like the author would have preferred that a different group of billionaires take over.

The deal itself feels messy and political, not like a serious solution to data or security concerns. In the end, the risks are still there, and it’s hard to see what regular users actually win from this.
I think one of my biggest frustrations with tech right now is how credulous they are with regard to China vs USA arguments. I see it on HN regularly.

I am not saying the China shock was fake, or state surveillance is fine, or that they don’t exploit migrant workers, or that their currency manipulation and financial repression were/are good. I just think we should be skeptical that national security arguments are motivated by virtue, especially when “the good” is largely confined to what’s good for USA tech

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Its a Trump deal. Everything the man touches turns to shit.
I am still baffled, because wasn't there a bipartisan law passed banning TikTok? Is that just being ignored while a deal is orchestrated to sell it to Larry Ellison (and install Barron Trump on the TikTok Board of Directors)? The enforcement of the law is confusing to me here.
Now it won't be Beijing having coercive access to your data

It'll be Larry Ellison, a slaver nation, and a PE surveillance focused firm having consensual access to your data! And the US government!

we did it guys!

Now Republicans directly control X and Tiktok. I place the blame on their supporters, especially those who are engineers and others who are on Hackernews. The most frustrating aspect is they won't face any justice for their support.
The TikTok deal seems to be more about empowering US corporations than anything else. It seems as if they hate all forms of competition under the orange man ruling the USA right now, so of course TikTok must be crushed (not that I use any of those antisocial media, it is just an observation made).

We see something similar in Europe in that Musk burps out the EU must disband after they fined his company for breaking local laws. It's like a really stupid variant of corporatocracy dominating the USA right now; at the least in the past it was a bit more subtle. Now it is like barbarian posing as oligarchs are having crazy fits. I think 99.9% of their wealth must be confiscated and given to The People - too much wealth makes the mind weak and leads them to act as tyrannical parasites.

Is there some provision that enabled the executive branch to keep extending the purchase deadline?

If not, the sale is illegal. Congress passed a law saying that TikTok was to be banned. Not "can be sold after a bunch of backroom deals by tech aristocracy that happens to be friends with an incredibly corrupt President", but banned. SCOTUS agreed that the law held up to scrutiny.

> if these folks were all so concerned about U.S. consumer privacy, they should have passed a functional modern internet privacy law applying to all U.S. companies and their executives.

This is the way. I wonder if we'll ever see the day that consumers get a fighting chance.

Ah but it’s the best outcome for Israel so they can now suppress videos from Gaza.
“Shittiest Possible Outcome” is basically the motto of the current administration.
Does anyone actually not realize this was to stymie criticism of Israel? You Netanyahu bragging about how this is central to winning the propaganda war. Ellison is the biggest private donor to the IDF. Put it together.
That and to promote the regime’s white supremacist agenda. (Expect to see a lot more nauseating propaganda along the lines of the memes that official Administration accounts have been posting.)
Jonathan Greenblatt (CEO of the ADL) was on record saying "TikTok is Al Jazeera on steroids" before the ban bill got a lot of wind.

What's ironic is that ultimately their suspicion that TikTok was influenced by the PRC to push an anti-Israel agenda was most probably incorrect. Israel lost the narrative in the West because it simply did a lot of shitty things in the war, and everyone from homeless people to war refugees carry around an HD camcorder in their pocket now. I still see shocking videos of what the IDF is doing in Gaza on a monthly basis, on Instagram of all places.

This tells me nothing except the author’s politics.
They keep mentioning "innovation". What's innovative about shoveling mindless junk in people's faces 24x7? We've got a lot of these platforms already. Do we need an even MORE mindless one to dethrone TikTok? Is that a win for literally anyone other than investors?
Welcome to the Ellisonverse
One thing I've been trying to find since the deal was announced, and this article doesn't help either, is when this actually takes effect, i.e., when does Larry the Lawnmower get access to everyone's TikTok's comments?
So ByteDance maintains majority control. A huge win for the American people as always.