Honestly, I personally think that this is a pretty impressive strategic move on Trump's part. I mean considering the strong precedence it sets for future Chinese web app developers who intend to market their products internationally. I also think it's important to note that this is us just leveling the playing field in the sense that when we try to market our products there, we have to essentially do the same thing and build a special version just for them that the CCP can monitor and censor at will.<p>With Oracle being in charge of all the backend operations in the US and being a 10% shareholder I can feel confident that they will ensure that the CCP won't have the ability to just pick up a phone and gain access to all of our WeChat information.<p>But with all that being said, I still have a problem with the idea of any Government having the ability to access our private conversations willy, nilly and without any real oversight over the NSA to ensure their investigations are legit and not spying for profit.<p>That's why we need to start demanding that end to end encryption becomes an option we can at least pay for the option to use on all of the major social apps we use like FB, Twitter, etc.<p>Idk, at first I thought Trump was probably overstepping his "conservative" position by trying to step in and regulate the free market in a way where he is now "picking winners and losers", rather than letting the consumers being the ones who get to make this decision (which is something I passionately believe Government should never empower itself to do).<p>But then after looking into the situation a little deeper, I saw that they actually have two seperate versions of TikTok. One called Douyin which is specifically for Chinese users and then TikTok which is for everybody else.<p>After realizing that they were already operating from a walled off garden that keeps their people seperated from us and vice versa, I started to see very little point in having both apps operate from China.
"Trump said the new company will be hiring at least 25,000 people and making a $5 billion contribution to a fund dedicated to education for Americans. “That’s their contribution that I’ve been asking for,” he said."<p>- <a href="https://www.fox5ny.com/news/trump-gives-blessing-to-proposed-tiktok-deal-with-oracle-walmart" rel="nofollow">https://www.fox5ny.com/news/trump-gives-blessing-to-proposed...</a>
- 25,000 jobs.<p>- $5billion Educational fund.<p>- 20% ownership by Oracle and Walmart.<p>- Access to codebase by Oracle.<p>- Opportunity for Oracle and Walmart to increase stake by further 20% pre-IPO.<p>- New HQ in Texas, US.<p>I know that people in the US likes to criticize Trump a lot but he sure has his merits and this is one of them.