Donald Trump is ready to avoid wasting TikTok, however this pending deal isn’t passing the odor check.
PBS Information experiences that Donald Trump is predicted to signal an govt order on Thursday laying the groundwork for a brand new TikTok deal that may permit American customers to proceed utilizing the platform.
Underneath the settlement, Oracle will lead the US oversight of TikTok’s algorithm and safety in the US.
The web site additionally experiences that the Trump administration could have no stake within the three way partnership and won’t be on the board.
However alarm bells are ringing due to who else can be on the board, and gaining management of the media directed in direction of the youth who can be utilizing the platform.
Right here’s a clue, Trump’s billionaire buddies.
Per The Gaurdian:
Among the many different traders, Trump stated in a Fox Information interview on Sunday, are media mogul Rupert Murdoch and his son Lachlan, the CEO of Fox Company. Trump stated Michael Dell, the CEO of the pc maker Dell, would even be concerned.
TikTok would get a brand new seven-member board of administrators, six of them Individuals. It’s a distinct risk that Rupert Murdoch, Lachlan Murdoch, Oracle’s Larry Ellison and David Ellison, CEO of Paramount Skydance and Larry’s son, will occupy a few of these seats.
Yikes.
Social Media Is Sounding Off About The TikTok Deal
Social media has been vocal in regards to the deal and the potential issues it could trigger on account of TikTok’s possession.
“Biden signed the regulation that banned TikTok until it was bought to American traders. This regulation is permitting the proper/far proper to manage one other main social media platform. Biden prioritized censoring criticism of Israel, and now extra speech can be censored,” one person on X, previously Twitter, wrote.
Former Secretary of Labor, Robert Reich, wrote, “Trump donor Larry Ellison’s Oracle will oversee TikTok’s algorithm. His media firm owns CBS Information and is plotting a bid for Warner Bros., which owns CNN. When billionaires take management of communication platforms, it’s not a win without cost speech. It’s a win for oligarchy.”
You possibly can see extra reactions under.