2026-08-31 03:23 UTC
You mean the American psyop app now. As of January 22, 2026, Oracle (Larry Ellison), Silver Lake, MGX, the personal investment entity for Michael Dell, and some others, own more than 80%. ByteDance in China retains only 19.9% ownership.
Replies (2)
-
@Serinus@lemmy.world 2026-08-31 05:34
Is that the same Larry Ellison that’s buying all the network broadcast stations?
-
@FiniteBanjo@feddit.online 2026-08-31 03:58
The algorithm is in Beijing. The algorithm has never and will never leave Beijing. All TikTok traffic is centralized in Beijing, and they have demonstrated they will shut it down before they ever change that, because it’s not a business it’s a weapon created by the CCP. Even the shares are still more Chinese than not. ByteDance employees own 20% The founder owns 21% Various international investment firms linked to China own large swaths Just because the Chinese fucks have always supported and worked with the Trump administration doesn’t make it any less a Chinese psyop.