alt Hacker News> He has a major donor that owns part of TikTok
He has a major donor who owns part of Bytedance. They’re not losing their investment with this ban.
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NickC25 • 01/17/2025
He also has a major donor who owns Meta, and a major donor who owns Twitter/X.
He also has a daughter who is the only American to hold patents in China without having to license IP to a Chinese company.
We are about to see some strange mental gymnastics out of 1600 Penn.
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1. Then why is that investor so aggressively against the forced divestment? (not a ban)
2. Bytedance will certainly lose value if its main product loses one of its main markets.