Birdwatch Note Rating
2025-01-20 19:04:11 UTC - HELPFUL
Rated by Participant: E75A8E9571ED077A16E4E8EA51472F5503F146515D1EDCD0C5328556ABA798B4
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