Assian_Candor [comrade/them]@hexbear.net to news@hexbear.netEnglish · 7 months agoByteDance would rather shut down tiktok than sell ithexbear.netimagemessage-square118fedilinkarrow-up1263arrow-down10file-text
arrow-up1263arrow-down1imageByteDance would rather shut down tiktok than sell ithexbear.netAssian_Candor [comrade/them]@hexbear.net to news@hexbear.netEnglish · 7 months agomessage-square118fedilinkfile-text
https://www.reuters.com/technology/bytedance-prefers-tiktok-shutdown-us-if-legal-options-fail-sources-say-2024-04-25/
minus-squareredtealinkfedilinkEnglisharrow-up12·7 months agoMight depend on whether that 60% has voting rights.
minus-squareAcidLeaves [he/him, he/him]@hexbear.netlinkfedilinkEnglisharrow-up20·7 months agoCPC has something called a golden share in a lot of companies. It’s a 1% equity stake that allows for overruling voting power in certain elections
Might depend on whether that 60% has voting rights.
CPC has something called a golden share in a lot of companies. It’s a 1% equity stake that allows for overruling voting power in certain elections
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