Business & Finance TikTok Thread

Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
An unnecessary update at this juncture because I guess it's obvious... but the TikTok Ban Executive Order was rescinded by President Biden last June along with the Chinese social media app 'WeCHat' at the same time.

So TikTok operates under its original ownership as opposed to the intended Oracle/Wal-Mart buyout.

 

S'task

Renegade Philosopher
Administrator
Staff Member
Founder
An unnecessary update at this juncture because I guess it's obvious... but the TikTok Ban Executive Order was rescinded by President Biden last June along with the Chinese social media app 'WeCHat' at the same time.

So TikTok operates under its original ownership as opposed to the intended Oracle/Wal-Mart buyout.

Because of course he did...

FFS...
 

Arch Dornan

Oh, lovely. They've sent me a mo-ron.

Never post your workplace secrets on social media.
 

Arch Dornan

Oh, lovely. They've sent me a mo-ron.
This is why we arnt allowed phone in TS areas.
Because people are horrible with OPSEC
I'd take a photo but I wouldn't release it online unless it's been drummed in my head not to take photos because of the consequences of being caught I wouldn't take one on reflex.
 

bintananth

behind a desk

Don't try this at home kids.
Firearms are not toys.

Came across a YouTube video recorded somewhere in the former USSR of a wedding reception that was quickly taken down.

tl;dw version: drunk wedding guest does the Russian Roulette routine with a semi-automatic pistol and nothing happens. He racked the slide, handed it to the groom, and I leave it as an exercise for the reader to guess what happened a few seconds later.
 

Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
Retitled the Thread since the Biden Administration Rescued TikTok from Being Banned. It's now a TikTok News Megathread!

An unnecessary update at this juncture because I guess it's obvious... but the TikTok Ban Executive Order was rescinded by President Biden last June along with the Chinese social media app 'WeCHat' at the same time.

So TikTok operates under its original ownership as opposed to the intended Oracle/Wal-Mart buyout.


And in a surprise to no one...

TikTok User Data has been accessed repeatedly by Chinese employees and agents despite assurances from the Company (revealed in leaked audio meetings) including towards Congress.

BuzzFeedNews said:
TikTok has responded to data privacy concerns by promising that information gathered about users in the United States is stored in the United States, rather than China, where ByteDance, the video platform's parent company, is located. But according to leaked audio from more than 80 internal TikTok meetings, China-based employees of ByteDance have repeatedly accessed nonpublic data about US TikTok users — exactly the type of behavior that inspired former president Donald Trump to threaten to ban the app in the United States.

The recordings, which were reviewed by BuzzFeed News, contain 14 statements from nine different TikTok employees indicating that engineers in China had access to US data between September 2021 and January 2022, at the very least. Despite a TikTok executive’s sworn testimony in an October 2021 Senate hearing that a “world-renowned, US-based security team” decides who gets access to this data, nine statements by eight different employees describe situations where US employees had to turn to their colleagues in China to determine how US user data was flowing. US staff did not have permission or knowledge of how to access the data on their own, according to the tapes.

“Everything is seen in China,” said a member of TikTok’s Trust and Safety department in a September 2021 meeting. In another September meeting, a director referred to one Beijing-based engineer as a “Master Admin” who “has access to everything.”

 

Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
The Biden Administration is Apparently Letting TikTok and its Chinese owners ByteDance, evade lobbying regulations and foreign lobbying disclosures.

Washington Free Beacon said:
But ByteDance has so far dodged extensive federal regulations and is in talks with the Biden administration on how to continue operating TikTok in the United States. In addition to a cavalry of in-house lobbyists, ByteDance has three Washington firms on retainer to lobby Congress and the Federal Communications Commission. ByteDance has spent more than $4,360,000 so far this year on lobbying.

Details of that lobbying campaign are largely kept under wraps because the U.S. government does not require ByteDance to disclose its lobbying activities under the Foreign Agents Registration Act, a law that requires lobbyists for foreign governments or political parties to disclose their lobbying contracts and outreach to American policymakers and media organizations. The disclosures can provide a roadmap of how foreign organizations try to influence policy in Washington.

Instead, ByteDance’s lobbyists disclose their influence activities under the Lobbying Disclosure Act, a far less transparent regulation that only requires lobbyists to disclose their revenues and issues on which they lobby. Lobbyists for foreign companies often exploit the loophole by registering under the Lobbying Disclosure Act instead of the Foreign Agents Registration Act by claiming they are not working for foreign governments.

This comes in the wake of reports of TikTok being used by ByteDance to monitor the physical locations of American citizens who use the app.


 

Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
To be fair if you can abuse leftists to secure both money and intelligence for your nation of origin why not?

I'm not angry at him by the way he's simply serving his counties interests. The game is the game and it's useless to get angry at the players

Technically his nationality is Singaporean.

I thought the Five Hour Hearings with the TikTok CEO merited discussion and I didn't see anyone posting about it, but if "the game is the game" and this is all useless, I'll refrain lol.
 
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Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
Republican Representatives along with some Democratic colleagues have introduced legislation to compel TikTok to divest from Chinese State ownership, ByteDance or have their app be blocked in US Markets through the app stores.

House Select Committee said:
The bill prevents app store availability or web hosting services in the U.S. for ByteDance-controlled applications, including TikTok, unless the application severs ties to entities like ByteDance that are subject to the control of a foreign adversary, as defined by Congress in Title 10.

In addition, the bill creates a process for the President to designate certain, specifically defined social media applications that are subject to the control of a foreign adversary—per Title 10—and pose a national security risk. Designated applications will face a prohibition on app store availability and web hosting services in the U.S. unless they sever ties to entities subject to the control of a foreign adversary through divestment.


Trump meanwhile has come out against the TikTok ban, stating it will empower Mark Zuckerberg and Facebook.


Soonafter other Republicans such as Vivek Ramaswamy also support Trump in this endeavor, allegedly a reverse of their earlier remarks regarding TikTok.

 

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