Deleted tweet detection is currently running at reduced
capacity due to changes to the Twitter API. Some tweets that have been
deleted by the tweet author may not be labeled as deleted in the PolitiTweet
interface.
Showing page 123 of 452.
Brian Fung | @[email protected] @b_fung
NEW: Negotiators in the TikTok deal aim to finalize CFIUS talks by week’s end, according to two people familiar with the matter. Some outstanding details still need hammering out, one person said, including whether Oracle can make changes to ByteDance code for TikTok security. — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
@ZamirAtNAB The cat is cute and all but have you used that discount code yet? — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
This comes after @TonyRomm, @ceciliakang @dmccabe and @daiwaka reported the coming briefing: https://t.co/uBaskkKbQU https://t.co/R1PAihdll1 — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
DOJ will brief state officials on its antitrust probe into Google this week, according to four people familiar with the matter, in what foreshadows a possible suit against the company as early as next week. Invitations went to all states investigating Google, two people said. — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
Not a surprise, but last night DOJ filed its reply defending its motion to dismiss @CenDemTech’s suit against Trump’s social media executive order: https://t.co/nksRHYwI92 https://t.co/RWttW4dWmm — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
I spoke to @kierstentodt and @james_a_lewis on the TikTok deal. Todt described the confusing structure as “rearranging deck chairs on the Titanic” as Lewis told me it looked like a “sleight of hand.” Todt argues it doesn’t resolve the natsec concerns; Lewis says it “should.” — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
@DylanByers What I’ve been told is that ByteDance would own the source code and algorithms (because Douyin) and would give TikTok Global access to said technology. At that point, Oracle does the security vetting, etc. — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
Where the parties seem aligned is that ByteDance’s founder Zhang Yiming is likely to serve as a member of the board of TikTok Global. But this ownership thing is still messy and seems unsettled based on the various companies’ public statements. — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
At some point in the next year, TikTok Global plans to file for an IPO on a US stock exchange. Based on that listing, the parties anticipate the stake in TikTok that’s held by US investors to grow even further, from 53% to closer to 59%, the person said. — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
At this stage, 11% of TikTok’s investors are international and 36% Chinese. Bear in mind that these investors, along with some fraction of the US investors in TikTok, are still separately investors in ByteDance, but are not ByteDance. Follow me? — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
Then, once TikTok Global is set up, Walmart and Oracle come in with their investments, diluting the shares and ending up at a cumulative 20% stake in TikTok. That’s how you get this number where 53% of TikTok ends up being held by US shareholders, according to the person. — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
So just as ByteDance is currently broken down by 41% US investors, 14% international investors and 45% Chinese investors, TikTok Global will also have this same breakdown in investor stakes. But ByteDance, the actual corporate entity, will not be an investor, the person said. — PolitiTweet.org
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
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
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
Brian Fung | @[email protected] @b_fung
Bananas! https://t.co/PtKoMLPsoK https://t.co/Co6CB3uw5L — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
I keep writing “Thursday” today instead of “Monday.” So, that’s how today is going. — PolitiTweet.org
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
Brian Fung | @[email protected] @b_fung
Axios calls the TikTok deal little more than a "Potemkin village": https://t.co/Dl7kNt0Vls #login — PolitiTweet.org
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
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
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
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
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
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
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
Brian Fung | @[email protected] @b_fung
Commerce says the app store ban on TikTok has been averted: https://t.co/h0UOkzuVwv — PolitiTweet.org
Brian Fung | @[email protected] @b_fung
More here: https://t.co/GfKc6ompjE — PolitiTweet.org
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
Brian Fung | @[email protected] @b_fung
Trump says he’s approved the ByteDance-Oracle deal — story to come soon. — PolitiTweet.org
