House passes critical aid to Ukraine, Israel and Taiwan along with a TikTok ban

Omega@lemmy.world to News@lemmy.world – 511 points – House passes critical aid to Ukraine, Israel and Taiwan along with a TikTok ban
nbcnews.com

The House on Saturday passed a $95 billion aid package that includes two long-awaited bills with $60.8 billion of Ukraine aid and $26 billion in aid to Israel.

The Ukraine bill, which passed with 311 votes in favor, 112 votes against, and one present, will now head to the Senate alongside the Israel aid bill and two others — one with aid for Taiwan and another that forces Tiktok's parent company to sell it.

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and another that forces Tiktok’s parent company to sell it.

Capitalists never play fair, lol.

Can't wait to see some stupid western company take the place of tiktok then all the retards complaining about tiktok suddenly shutting up.

They don't realize there's a trade war going on and they're just useful idiots in it.

TikTok is cancer regardless of who owns it.

And at the same time if you preach so much free market economics then you should just learn to live with it and don't buy the product if you don't like it

Anything from China is anything but free market. Chinese companies are still owned by the state who practice state capitalism.

Free market for me but not for thee.

Yes, there is a trade war.

Don't be naive about NSA and US propaganda/surveillance.

There doesn't need to have NSA propaganda when China themselves say they are state capitalists and allow billionaires to flourish.

That's not true at all. China has state owned businesses and private owned businesses. You think the Boeing and Microsoft locations in China are owned by the CCP?

If you're being pedantic, you're right, but Chinese companies are still Chinese state-owned-- which Tiktok is.

that is bs with regard to the facts.

Cry about it. I can taste your tears from here.

So you acknowledge that you're disregarding facts and you're telling them to cry about it?

Tell me about it commie.

You've seemed to have lost any coherent point in what you're saying. Step back everyone, this person hates facts and knows it! What a badass.

Tell me more commie.

In the last several years, particularly under Xi Jinping’s rule, there has been an even greater attempt by the political leadership to increase their control over the private sector, reduce its political influence, and ensure its loyalty to the system. This has included expanding the reach of national security policies and regulations. For example, the adoption of the National Intelligence Law in 2017 requires all firms in China to accede to government demands to provide information and data as authorities deem necessary to protect China’s national security. It has also meant using carrots, such as providing industrial policy opportunities to private firms, and sticks, such as the regulatory crackdown on private Internet firms that started in late 2018 and recently concluded. Finally, the CCP has also stepped up efforts to directly influence the corporate governance of private firms, in some cases taking “golden shares” in companies, pushing private firms to form CCP branches (see Figure 3), and integrating firms into the burgeoning “corporate social credit system” (CSCS).

https://bigdatachina.csis.org/can-chinese-firms-be-truly-private/

No. There's privately owned industry in China.

Of course you'd lie.

It will never cease to amaze me that people can have the full power of the Internet at their fingertips and have the wherewithal to not look something up before saying something stupid.

Of course you'd deny.

In the last several years, particularly under Xi Jinping’s rule, there has been an even greater attempt by the political leadership to increase their control over the private sector, reduce its political influence, and ensure its loyalty to the system. This has included expanding the reach of national security policies and regulations. For example, the adoption of the National Intelligence Law in 2017 requires all firms in China to accede to government demands to provide information and data as authorities deem necessary to protect China’s national security. It has also meant using carrots, such as providing industrial policy opportunities to private firms, and sticks, such as the regulatory crackdown on private Internet firms that started in late 2018 and recently concluded. Finally, the CCP has also stepped up efforts to directly influence the corporate governance of private firms, in some cases taking “golden shares” in companies, pushing private firms to form CCP branches (see Figure 3), and integrating firms into the burgeoning “corporate social credit system” (CSCS).

https://bigdatachina.csis.org/can-chinese-firms-be-truly-private/

Part of maintaining a free market is regulations that punish anti-competitive behaviour.

Sucks for the rich, but I, the average consumer do not care about what some rich guy's stocks are doing. I will always go for the cheaper, more accessible, better product.

Nah. I don't think Bytedance sells. The big enchilada is the source code and that's not getting sold because there's 6 Billion more people they can get on the app.

There are several right-wing groups eager to buy it, which is 100% why they're going after it.

Reddit, Twitter, TikTok, and Facebook. They're going to control all of it soon.

Din they'll be requiring expensive identity verification for online accounts to make the fediverse financially unsustainable.