US lawmakers vote 50-0 to force sale of TikTok despite angry calls from users

ZeroCool@slrpnk.net to Technology@lemmy.world – 600 points –
US lawmakers vote 50-0 to force sale of TikTok despite angry calls from users
arstechnica.com
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Is it a private business if it's owned by the Chinese government?

It's really not though? The Chinese government has a 1% stake in ByteDance. Meanwhile ~60% is foreign investors – believed to be mostly American.

You have a misunderstanding of how China's government operates. It does not matter how much stake the government holds, companies just cannot say no to the government's request. Otherwise you will be disappeared. See Alibaba for example.

Remember, China does not have a democracy.

That's literally the same thing the us government is doing here....

Ooooof, somebody licking the boot of capitalism a little too hard.

Then it should be easy to buy out that 1% stake.

I'm not saying it's a good bill, but reducing interference by foreign governments in US sold products is not against any party's philosophies.