Is the Twitter scenario looming? TikTok has stumbled in the US, powerful billionaires are taking a chance

In recent days, the American Congress has mastered the complicated process of approving financial aid to Ukraine. After a long battle in ter veer balek u easily passed Sentem. There was no talk of a scandal in the form of the destruction of the popular social network TikTok. The quotation marks in this case are instead, the law does not explicitly prohibit this on the land of the United States, but in the future it must not be owned by a company connected to the government structures of the United States.

At the moment, the company ByteDance, which according to analysts, sold the sensitive data of 170 million American users to the Russian secret services. Biden announced that his signature will appear under the package of laws in the middle, mainly led by TikTok, so in the following months there will be a fight for billions.

There are essentially only two possibilities in he. The first one: ByteDance is one of the most popular social networks for individuals or companies to use outside of the country. It must be done within 270 days from the signing of the law by the president, according to the amended text of the law, originally the company had 180 days to do so, according to The Washington Post. In case of demonstrable progress during negotiations, the period can be extended by another month.

If a suitable receiver is not found, TikTok will cease to operate in the United States, and protracted litigation would follow. The leader of TikTok sent a clear message to employees on Saturday, shortly after the law was passed in the House of Representatives: It is an arrest for us, not the end. The company announced that it is ready to take the first steps when Biden signs the legislation.

TikTok and the American state

Can TikTok win in court? According to an expert on the American state, yes. Criticism is a violation of the First Amendment guaranteeing freedom of speech. With the start of TikTok, according to the view of some elements, this freedom will be hindered. Oppositely, it could also be a member for one specific company. In addition, TikTok responded to me a few peddles before the attempt to destroy it was met in court.

The sales option is not difficult. it would ask for a powerful tool for extracting data from the West and a means of influencing the behavior of the user. Business in the tens of billions of dollars in addition eliminates a large hundred potential receivers. There could be large companies like Meta, Google and Microsoft, whose acquisitions, in particular, would come under the scrutiny of the American antitrust agency, according to CNN.

According to the Wedbush company analyst Dan Ives, it would be a logical step, especially on the part of Microsoft, currently only LinkedIn, social with the change of speed to professional corporate communication. In addition, entering the segment of the largest social platforms would allow it to collect data for the further development of artificial intelligence. However, it must be added that Microsoft tried to buy TikTok at least once, including the BBC.

Video game magnate and Trump in him

Apart from the technological giants, there are also individuals. The most rumored to buy the Russian social network is Bobby Kotick, former executive editor of the video game company Activision Blizzard. He would collaborate with the co-founder of TikTok, Ang I-ming, and one of the most influential technology companies today, Sam Altman from OpenAI, on the billion-dollar business, which would certainly be happy to use user data for the development of its AI models.

Kotick is no stranger to big stores. The video game business has been a dog for tens of years. Activision and Vivendi, a French conglomerate, was the key player in the role of general editor, it also included the legendary studios Blizzard Entertainment and Sierra Entertainment. Two years ago, it was a century for the video game business, when Microsoft bought Activision Blizzard for about 70 billion dollars after a protracted tussle.

However, he did not leave the big business for good, his neck was broken by a sexual assault. Kotick’s name appeared in the case of Jeffrey Epstein’s billions and the case surrounding long-term sexual misconduct in Blizzard’s offices. Kotick didn’t just lead the race, he also held a protective hand over his actors. In 2006, his assistant was threatened with physical liquidation, and he finally settled out of court. At the same time, he dismissed the squadron of his private jet, which relied on the fact that it was observable by the pilot.

A few weeks ago, Trump’s Finance Minister, Steve Mnuchin, was busy looking for suitable investors since the beginning of the summer, according to The Hollywood Reporter. I understand the technology of TikTok, it’s a great business. Two together, the group that will try to buy this social network, he said. He did not give specific names or companies, he only added that no one would have a majority.

After the end of Trump in Blm, Mnuchin founded the company Liberty Strategic Capital, its capital increased to 2.5 billion dollars. The company engages in strategic investment in companies, which is a new type of content. Actually 7.9 percent of the Lionsgate film studio. In the past, Mnuchin worked as a banker at Goldman Sachs, later he fell in love with the financing of the Hollywood market, including The Lego Movie and just Max: The Road Trip.

Self-confidence star and hurt from the past

In the middle of this year, Canadian entrepreneur Kevin OLeary, CEO of Business Insider, was asked to buy TikTok. TikTok doesn’t work, that’s why I bought it. Someone has to buy it. It won’t be Meta or Google, because it will tick off their antitrust ad. There are billions in it, it’s one of the fastest growing social platforms for advertising. All my companies use TikTok, I just bought it, he raged in an interview with Fox News.

Divok is no stranger to performing, he became famous in Canada in television shows and reality shows. He also founded the company SoftKey Software Products, which is interested in the extension sector and in the eighties and nineties of the last century became famous for its aggressive strategy in group competition. In 1999, Mattel bought the company, which was now called The Learning Company. OLeary became a multi-millionaire, but the new owner removed him from the dubious management of the company and the elite had to remove him from the shares.

The last to join the party is the co-founder of the Oracle software company Larry Ellison and the American Walmart. Ellison is not in need of money, he is the eighth richest hunter in the world, the Bloomberg agency put his name at 130 billion dollars, he even placed fifth in the competitive Forbes magazine. living in luxury according to his ability, he also owns 98 percent of the area of ​​the sixth largest Hawaiian island, Lānaʻi.

Even that didn’t help him in 2020, when then-President Donald Trump demanded that TikTok peel into the ownership of American companies. Oracle and Walmart tried to buy the company together, but before closing the deal, the court intervened and Trump’s demand was thrown off the table.

And no matter what happens in the case surrounding the destruction of TikTok in the United States, it won’t just go away. The fall of the trial may take years, and it is a question whether the fall of the week in Blóm dom after the November elections will not completely change the situation.

Since 2020, Trump has changed his social network to a woman and will use it as a weapon against Biden in the election campaign, according to The Washington Post. Horror and tragedy that met Twitter. After being bought out by Elon Musk, it did not exactly have a good time, both financially and from the user side, according to The Atlantic.