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SUMMARY:Economic Corner 10 - online divestiture? -  01/28/2025
DTSTAMP:20250129T005332Z
SEQUENCE:0
UID:166-7-c3fe8195a3dde498d013e477e2142422@aalbc.com
ORGANIZER;CN="richardmurray":troy@aalbc.com
DESCRIPTION:\n	TikTok is the first non usa website to be the biggest eso
	cial 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 autom
	akers making manufacturing plants in the usa\, when they through competiti
	on won the economic car market\, it is a usa win. Make TikTokusa TTU and m
	ake sure tiktokusa has contractual arrangements that demand an integration
	/association with TikTok.\n\n	Profd \, a member of aalbc cited below\, sai
	d\n\n	The next 4 years could be a wild ride in that regard as oligarchs ge
	t to pick and choose freedoms.\n\n	This morning\, I saw the handful of fac
	es of people who could buy ByteDance i.e. TikTok.  None of them were Blac
	k.\n\n	https://aalbc.com/tc/topic/11431-tiktok-service-restored-ban-suspen
	ded/#findComment-71294\n\n\n\n	Here is my issue. I don't mind a black buye
	r\, 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 arg
	ument focuses on buying tiktok\, instead of investing in a better online s
	ervice for black people. \n\n\n\n	The film industry of Nigeria\, commonly
	 called Nollywood needs an online interface like a tiktok\, I rather inves
	t in that. \n\n\n\n	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 ca
	pable 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 a
	bout owning black and not investing in non black. The internet is a huge p
	lace. Tiktok was not born because chinese were selling to the usa\, tiktok
	 is a clone of a chinese website to chinese people. \n\n\n\n	I rather a s
	et of black investors invest in AALBC than tiktok. \n\n\n\n	 \n\n\n\n	Pr
	ior Post\n\n\n\n	https://aalbc.com/tc/topic/11444-economiccorner009/\n\n\n
	\n	POST URL\n\n	https://aalbc.com/tc/topic/11445-economiccorner010/\n\n\n\
	n	PRIOR EDITION\n\n\n\n	https://aalbc.com/tc/events/event/165-economic-cor
	ner-09-media-properties-dictate-01282025/\n\n\n\n	NEXT EDITION\n\n\n\n	htt
	ps://aalbc.com/tc/events/event/167-economic-corner-11-what-should-you-see-
	after-a-deepseek-01282025/\n\n\n\n	 \n\n\n\n	\n\n
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