> isn’t there a political problem with a foreign entity controlling the content of another
We restrict foreign ownership of media properties to 25 percent (without review) [1]. Expanding that rule to social media would make sense.
Beijing requires TikTok run itself differently within China, after all [2]. That’s the difference in care that matters. (Facebook’s lack of care in Myanmar comes to mind as analogous [3].)
Expanding the foreign ownership rule to include social media platform companies (and, frankly, any strategically-important technology company in general) seems like a no-brainer.
Other countries should logically do the same. If Burma/Myanmar doesn't like what Facebook is doing there, they have demonstrated the capability to shut it down on multiple occasions. Setting aside that their government is a basically-illegitimate military junta, if I was them, I sure as fuck wouldn't let a US tech company operate within my country without a significant local presence that I could exert influence on.
We restrict foreign ownership of media properties to 25 percent (without review) [1]. Expanding that rule to social media would make sense.
Beijing requires TikTok run itself differently within China, after all [2]. That’s the difference in care that matters. (Facebook’s lack of care in Myanmar comes to mind as analogous [3].)
[1] https://www.washingtonpost.com/news/the-switch/wp/2013/11/14...
[2] https://www.cnn.com/2023/03/24/tech/tiktok-douyin-bytedance-...
[3] https://www.nytimes.com/2018/10/15/technology/myanmar-facebo...