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Brian Fung | @[email protected] @b_fung

Here’s what I’ve been able to gather so far, from a person familiar with the deal. TikTok Global has to be created. Once it’s established, its ownership structure will simply reflect ByteDance’s ownership structure, but this is not the same as saying ByteDance is the owner. — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

ByteDance claimed that the new TikTok ("TikTok Global”) will be a “100% owned subsidiary of ByteDance.” Oracle said after it and Walmart make their investment, "Americans will be the majority and ByteDance will have no ownership in TikTok Global." — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

I’ve spent my morning trying to understand better who will own what under the TikTok deal, and it is just an utter mess trying to get to any clarity. If you know more, please get in touch. We start with two seemingly conflicting statements from ByteDance and Oracle… — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

Bananas! https://t.co/PtKoMLPsoK https://t.co/Co6CB3uw5L — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

I keep writing “Thursday” today instead of “Monday.” So, that’s how today is going. — PolitiTweet.org

Posted Sept. 21, 2020
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Brian Fung | @[email protected] @b_fung

Very curious to know which aspects of the deal reflect an injury to China’s dignity. — PolitiTweet.org

Hu Xijin 胡锡进 @HuXijin_GT

Based on what I know, Beijing won't approve current agreement between ByteDance, TikTok's parent company, and Oracl… https://t.co/o4EVVRCkSw

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

Axios calls the TikTok deal little more than a "Potemkin village": https://t.co/Dl7kNt0Vls #login — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

RT @viaCristiano: Asked what she'll do about Facebook, @SpeakerPelosi immediately evokes Section 230: "You have to handle it with care so t… — PolitiTweet.org

Posted Sept. 21, 2020 Retweet Hibernated
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Brian Fung | @[email protected] @b_fung

Wow. Microsoft to buy Bethesda, the maker of Fallout and The Elder Scrolls: https://t.co/vhB7qboM0B — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

RT @mkraju: “I think Susan Collins is very badly hurt by her statement...People are not going to take this,” Trump says, taking a whack at… — PolitiTweet.org

Posted Sept. 21, 2020 Retweet Hibernated
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Brian Fung | @[email protected] @b_fung

ByteDance, in a statement, claims that it first heard about Trump’s education fund from press reports. Walmart and Oracle did say the new TikTok expects to pay $5 billion in taxes to the US Treasury. ByteDance says that’s an estimate of normal income and operating taxes. https://t.co/iSfGwHgXUn — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

ICYMI, it seems Trump wants the $5 billion from TikTok and its new owners to go directly toward his “patriotic education” initiative: https://t.co/ewRmHojgvV https://t.co/ki3H6FxEsn — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

A judge has issued a temporary injunction against Trump’s WeChat order, saying the group of WeChat users suing the government had raised "serious questions” about the order’s impact on their First Amendment rights: https://t.co/9DPK3vBaRw — PolitiTweet.org

Posted Sept. 20, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

So, here’s what we know: -Trump blessed the TikTok deal -The ban is delayed for a week -Walmart & Oracle get a 20% stake -$5B to an “education” fund, Trump said -ByteDance still majority owner https://t.co/clCFBDOu1x — PolitiTweet.org

Posted Sept. 20, 2020
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Brian Fung | @[email protected] @b_fung

Commerce says the app store ban on TikTok has been averted: https://t.co/h0UOkzuVwv — PolitiTweet.org

Posted Sept. 19, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

More here: https://t.co/GfKc6ompjE — PolitiTweet.org

Posted Sept. 19, 2020
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Brian Fung | @[email protected] @b_fung

“I have given the deal my blessing,” Trump said. He also claimed the deal will include a $5 billion fund for US education, and that TikTok would be “totally controlled” by Walmart and Oracle (which seems to conflict with what we all were reporting earlier this week). — PolitiTweet.org

Posted Sept. 19, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

Trump says he’s approved the ByteDance-Oracle deal — story to come soon. — PolitiTweet.org

Posted Sept. 19, 2020
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Brian Fung | @[email protected] @b_fung

RT @ryanjreilly: "In the 2013 voting-rights dissent… Ginsburg offered an addendum to Martin Luther King Jr.’s suggestion that the arc of hi… — PolitiTweet.org

Posted Sept. 19, 2020 Retweet Hibernated
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Brian Fung | @[email protected] @b_fung

How is this all happening at the same time — PolitiTweet.org

Aaron Rupar @atrupar

"You have good genes, you know that, right? You have good genes. A lot of it is about the genes, isn't it, don't yo… https://t.co/X7K3PiDqh3

Posted Sept. 19, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

McConnell: “President Trump’s nominee will receive a vote on the floor of the United States Senate.” https://t.co/3LoDrSeYbL — PolitiTweet.org

Posted Sept. 19, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

Days before she died, Ginsburg dictated a final statement: “My most fervent wish is that I will not be replaced until a new president is installed." https://t.co/obq26qjG28 — PolitiTweet.org

Posted Sept. 18, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

RT @kaitlancollins: Justice Ruther Bader Ginsburg has died. — PolitiTweet.org

Posted Sept. 18, 2020 Retweet Hibernated
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Brian Fung | @[email protected] @b_fung

A group of US WeChat users has renewed their call for a preliminary injunction against Trump’s WeChat ban. "The dispute is ripe, the harm is irreparable and the First Amendment questions are serious and crystalized.” A hearing is set for tomorrow. https://t.co/eOUpCFf9dz — PolitiTweet.org

Posted Sept. 18, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

RT @JMBooyah: TikTok has been the focus but as @suhaunah reported last month, WeChat is a lifeline for the Chinese diaspora. A ban could cu… — PolitiTweet.org

Posted Sept. 18, 2020 Retweet Hibernated
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Brian Fung | @[email protected] @b_fung

@CharlieMeisch @davidshepardson Dude, #humblebrag — PolitiTweet.org

Posted Sept. 18, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

@brianstelter Where’s mine?? — PolitiTweet.org

Posted Sept. 18, 2020
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Brian Fung | @[email protected] @b_fung

"The Federal Trade Commission and Department of Justice’s antitrust division have a combined annual budget below what Facebook makes in three days.” @Kantrowitz on how years of underfunding handicaps antitrust enforcers: https://t.co/cic3pesIxj — PolitiTweet.org

Posted Sept. 18, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

What a week. Who needs a drink? 🍸 — PolitiTweet.org

Posted Sept. 18, 2020 Hibernated
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Brian Fung | @[email protected] @b_fung

RT @DylanByers: "Anytime a nation-state renders judgment on which applications can or cannot run 'in country' ... then it provides 'air cov… — PolitiTweet.org

Posted Sept. 18, 2020 Retweet Hibernated