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Nevermarkyesterday at 5:11 PM0 repliesview on HN

> The stated purpose of the law was to get TikTok out of the hands of a foreign adversary, and that was accomplished.

I don't know how we conclude that:

> The new U.S. operations of TikTok will have three “managing investors” that will collectively own 45 percent of the company: Oracle Corporation, Silver Lake, and MGX.

> the private equity firm Silver Lake (which has broad global investments in Chinese and Israeli hyper-surveillance)

> 30.1 percent will be “held by affiliates of certain existing investors of ByteDance; and 19.9 percent will be retained by ByteDance.”

Now we have oligarchs, plus a major surveillance investor group, plus the Chinese.

This doesn't seem to be a solution to anything except that "a deal was made", and any further attempts at cleaning up credible risks have so many players to deal with, they would be DOA.