Event created by richardmurray
This event began 01/28/2025 and repeats every year forever
TikTok is the first non usa website to be the biggest esocial website in online humanity. If bytedance sells TikTok wholesale it is a financial mistake Bytedance should sell tiktokusa not tiktok. In Europe/South America/Africa/Asia tiktok is the big leader in the world, selling it completely to a usa buyer is a usa win. It is like the Japanese automakers making manufacturing plants in the usa, when they through competition won the economic car market, it is a usa win. Make TikTokusa TTU and make sure tiktokusa has contractual arrangements that demand an integration/association with TikTok.
Profd , a member of aalbc cited below, said
The next 4 years could be a wild ride in that regard as oligarchs get to pick and choose freedoms.
This morning, I saw the handful of faces of people who could buy ByteDance i.e. TikTok. None of them were Black.
https://aalbc.com/tc/topic/11431-tiktok-service-restored-ban-suspended/#findComment-71294
Here is my issue. I don't mind a black buyer, though I think financially it is better to have a collection of black owners working together as a group. But for me the larger issue is the argument focuses on buying tiktok, instead of investing in a better online service for black people.
The film industry of Nigeria, commonly called Nollywood needs an online interface like a tiktok, I rather invest in that.
I know my words may seem like an attack to PRofd but they are not. My entire life, I have always heard the most financially capable blacks always emphasize investing in non black enterprises and never a word to owning a black owned enterprise. In my life, all to often, it is black people who are financially least capable or incapable who talk about owning black and not investing in non black. The internet is a huge place. Tiktok was not born because chinese were selling to the usa, tiktok is a clone of a chinese website to chinese people.
I rather a set of black investors invest in AALBC than tiktok.
Prior Post
https://aalbc.com/tc/topic/11444-economiccorner009/
POST URL
https://aalbc.com/tc/topic/11445-economiccorner010/
PRIOR EDITION
https://aalbc.com/tc/events/event/165-economic-corner-09-media-properties-dictate-01282025/
NEXT EDITION
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