It’s sort of similar, but the US government isn’t seizing TikTok. It, when the legislation is signed, will force sale to a US entity or otherwise prevent the usage in the United States.
ByteDance will probably get somewhat close to fair market value for the application, after all of the lawsuits and legal challenges are over with
This is named “nationalizing” and was what Venezuela did with their oil industry.
It’s sort of similar, but the US government isn’t seizing TikTok. It, when the legislation is signed, will force sale to a US entity or otherwise prevent the usage in the United States.
ByteDance will probably get somewhat close to fair market value for the application, after all of the lawsuits and legal challenges are over with
No it won’t.
The amount of power Tiktok has is priceless, which is exactly why Americans spread so much FUD to put that power in the hands of their rulers.