this post was submitted on 27 Jan 2026
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[–] UnderpantsWeevil@lemmy.world 8 points 20 hours ago

it was a matter of Chinese control outside of US government control

TikTok was controlled by a private company based out of Singapore, with investments from a host of international funds including both the US and China.

The "China is controlling our internet" narrative was always bullshit fear-mongering, fully disjoined from the actual business structure. What TikTok enjoyed that Facebook and YouTube and Reddit did not was a sufficient distance from US policymakers such that TikTok's policies weren't dictated by Western oligarchs.

not bringing it under US billionaires specifically

That's exactly what Biden (and then Trump)'s forced sale intended. Bring the US branch of TikTok under American control by awarding it to exclusively American financial interests.