• lurch (he/him)
    link
    fedilink
    arrow-up
    1
    arrow-down
    2
    ·
    1 month ago

    tiktok could have just started a US based company and sell US operations to them for $1. and of course they knew that.

    • Maggoty@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      2
      ·
      1 month ago

      That is not true. That would still be either a subsidiary or a sell off. In the first case it doesn’t satisfy the law. In the second case it’s a very extreme fire sale, more extreme than was actually expected.