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Tag: #tech · 2 posts

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Posted Jan 23

📰 TikTok Strikes Deal for New U.S. Entity, Ending Legal Saga TikTok’s Chinese parent company, ByteDance, has struck a deal with a group of non-Chinese investors—including Oracle, MGX, and Silver Lake—to create a new American TikTok, ending a six-year legal battle that threatened the app’s existence in the U.S.. ​ Who Owns What? The new U.S. TikTok will be majority-owned by American and non-Chinese investors, with Oracle, MGX, and Silver Lake each holding 15 percent and ByteDance retaining just under 20 percent. The majority of the board will be American, and Adam Presser, TikTok’s former head of operations, will serve as CEO. ​ Security Concerns and Skepticism The deal is designed to address U.S. national security concerns about Chinese control, but critics warn it may not fully sever ByteDance’s influence. ByteDance will still license its algorithm to the U.S. entity, raising doubts about whether the arrangement truly ends the “operational relationship” between the two companies. Who Controls the Content? Some worry that the new owners, many with ties to President Trump, could shift TikTok’s content moderation and feed algorithms to reflect U.S. government or presidential views. “We may have traded fears of foreign propaganda for the reality of domestic propaganda,” said Georgetown professor Anupam Chander. ​ #TikTok#ByteDance#Oracle#Trump#USChina#Tech#NationalSecurity 📱American Оbserver - Stay up to date on all important events 🇺🇸

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Posted Dec 30

📰 How Vance Broke the Trump-Musk Feud: Tech Titans vs. The Deep State JD Vance didn’t just broker a truce between Trump and Musk—he rewired the MAGA movement’s relationship with Silicon Valley. When Musk threatened to launch a third party, Vance went to work, calling in favors, lobbying senators, and quietly removing the White House aide who’d torpedoed Musk’s favorite NASA pick. “He enjoys kind of that kingmaker role,” says a source close to Musk. “Part of being a kingmaker is making sure everybody in the world knows you’re the king.” The feud erupted when Musk’s DOGE project—his signature government cost-cutting crusade—blew up federal agencies, alienated Cabinet members, and turned Washington into a battlefield. Musk, used to running his companies like an emperor, clashed with Trump’s inner circle, and by May, he was gone. The Reconciliation Vance, once a Silicon Valley investor, leveraged his ties to Musk, hosting dinners and making calls to keep the billionaire from splintering the GOP. When Trump nixed Musk’s NASA ally, Vance pushed for his reinstatement and got the White House aide who’d blocked the nomination reassigned. Musk, after a summer of public attacks, backed down from his third party and returned to the fold, now focusing on seeding existing GOP groups rather than running his own super PAC. The New Normal DOGE’s centralized leadership is gone, but its principles live on: deregulation, efficiency, and a new “Merit Hiring Plan” are now baked into the federal workforce. Musk’s protégés are still embedded in key agencies, and the government now runs more like a start-up, with aggressive hiring, firing, and boundary-pushing contracts. “DOGE catalyzed these changes,” says a top White House official. “Now we institutionalize them.” Is the government finally run like a company—or has it just become a playground for tech titans? #trump#musk#vance#tech#politics#fakeDemocracy 📱American Оbserver - Stay up to date on all important events 🇺🇸

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