Birdwatch Note Rating
2025-01-20 15:29:22 UTC - HELPFUL
Rated by Participant: E6F3D19C126CC48B22CC0249D60B3AB2D3E55FA924D403A2D4D6E69E686A0562
Participant Details
Original Note:
X TikTok does not have a "golden share structure". Its parent company, ByteDance, however, does through its subsidiary Douyin, where a Chinese state-controlled investment fund has a 1% ownership stake. 60% of ByteDance is owned by global investors including Blackrock. https://x.com/jdpeterson/status/1881167827706741151?t=N_0AhCLiD07slgBw2nXHyg&s=19 https://markets.businessinsider.com/news/stocks/tiktok-ban-bytedance-golden-shares-chinese-government-communist-party-board-2023-3 https://www.poynter.org/fact-checking/2024/who-owns-tiktok-bytedance-china-ban/ https://www.nytimes.com/2025/01/17/us/politics/tiktok-ban-sale-china.html
All Note Details