Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal


  • edited September 21
    There have been lots of twists and turns regarding TikTok.
    We'll soon discover the actual end result.

  • Interestingly Tweety claimed that TikTok was funding a $5B (patriotic?) 'education' fund as part of this transaction. TikTok was like, "huh? We never agreed to that."[1] Turns out, Tweety was referring to likely tax revenues the US-based entity would bring into the country down the road -- but framing it as something 'extra' that he got.

  • TikTok was like, "huh? We never agreed to that.
    Trump, who had previously called on companies such as Oracle and Walmart to pay the United States a "fee" to participate in the TikTok deal, said there would also be a $5 billion U.S. education fund as part of the deal. ...

    Oracle and Walmart described the agreement differently. They said that together with ByteDance top investors General Atlantic, Sequoia and Coatue they would create an educational initiative to deliver an artificial-intelligence driven online video curriculum for children, from basic reading and math to science, history and computer engineering.
    (From originally cited Yahoo article)
  • That is very different from the forgone conclusion he likes people to believe.
Sign In or Register to comment.