Earlier, experts had suggested that China had little incentive to follow the deal, although bytedance already denied reports in July that it agreed to sell Tiktok to the US, reported the South China Morning Post. Yesterday, Reuters noted that Vice President JD Vance confirmed that the “new American company is appreciated at around $ 14 billion,” a price tag “far under a few analysts”, which could frustrate bytedance. There are also questions about which potential concessions Trump may have done to get XIs registration.
It is also unclear whether the Trump deal meets the legal requirements of the protective Americans of foreign opponents' check Applications Act, where Reuters report that “countless details” still have to be “worked out”. Last Friday James Sullivan from JP Morgan suggested that “Trump's proposed Tiktok -Deal clarity was missing who has control over the algorithm, so that the national security problems remain wide open,” CNBC reported.
Other critics, including the Civil Liberties director of the Electronic Frontier Foundation David Greene, warned in a statement to Ars that the US is now running the risk of transferring “Tiktok” Tiktok to the Allies who don't seem to respect the first amendment. “
Jennifer Huddleston, a senior fellow in technology policy at the Cato Institute, agreed. “The scheme creates uncertainty about what influence or supervision the US government could require through this individual algorithm that potential concerns about the first change in government influence on a private actor could cause,” said Huddleston.
Will ticktok become right?
The Guardian recently a deep dive in How the involvement of the Murdochs' and Ellisons' Trump's billionaire allies could donate a certain degree of control over American media that would be huge and unprecedented by 'allowing the owners of the most powerful cable channels of the US' sending the most influential social network of the nation '.
