Tik Tok

[Royal]

Huge red flag when everyone starting making apps that had a shittier UI than the web page.

Web page > App

[Pigeon]

Everyone should code.

Keep software shitty.

[Pigeon]

Trump plays China card in order to give Tik Tok to his friend at Oracle.

[Pigeon]

Juanga07
2 minutes ago

And here I thought Conservatives/Republicans/Libertarians believed in a unregulated market, free from government intromission.

There is what is said and then there is what is done.

[Pigeon]

TikTok said Oracle and Walmart could acquire up to a cumulative 20% stake in the new company in a financing round to be held before an initial public offering of stock, which Walmart said could happen within the next year. Oracle's stake would be 12.5%, and Walmart's would be 7.5%, the companies said in separate statements. The deal will make Oracle responsible for hosting all TikTok's U.S. user data and securing computer systems to ensure U.S. national security requirements are satisfied. Walmart said it will provide its ecommerce, fulfillment, payments and other services to the new company. "We are pleased that the proposal by TikTok, Oracle, and Walmart will resolve the security concerns of the U.S. administration and settle questions around TikTok's future in the U.S.," TikTok said in a statement.

Link

[Pigeon]

The back-and-forth of the TikTok deal has been rocky, but President Donald Trump is certain that he wants to use the deal to create a $5 billion fund to "educate people" about the "real history of our country."

Now this will be used to fuel his fascist education program.

[Pigeon]

Gangster capitalism and the American theft of Chinese innovation
...
It used to be “easy” to tell the American and Chinese economies apart. One was innovative, one made clones. One was a free market while the other demanded payments to a political party and its leadership, a corrupt wealth generating scam that by some estimates has netted top leaders billions of dollars. One kept the talent borders porous acting as a magnet for the world’s top brains while the other interviewed you in a backroom at the airport before imprisoning you on sedition charges (okay, that might have been both).
...
Hell, we’re apparently demanding a $5 billion tax payment from ByteDance, which the president says will fund patriotic education for youth. The president says a lot of things of course, but at least the $5 billion price point has been confirmed by Oracle in its press release over night (what the tax revenue will actually be used for is anyone’s guess). If you followed the recent Hong Kong protests for a long time, you will remember that patriotic youth education was some of the original tinder for those demonstrations back in 2012. What comes around, goes around, I guess.

Link

[Pigeon]

Though the U.S. government averted a shutdown of TikTok through a new Oracle/Walmart partnership, that leaves much bigger questions unresolved. The biggest issue may be that banning apps "defeats the original intent of the internet," argues the New York TImes. "And that was to create a global communications network, unrestrained by national borders."

"The vision for a single, interconnected network around the globe is long gone," Jason Healey, a senior research scholar at Columbia University's School for International and Public Affairs and an expert on cyber conflict. "All we can do now is try to steer toward optimal fragmentation."

Link