The government stepping in and eliminating one of (American) big tech's biggest competitors is an extremely pro-(American)-big-tech move.
> The policies are more anti-regulation, which big-tech wants right now.
Well, yeah. Exactly. They're all on the same team. They want fewer barriers in the way of their quest for more personal power.
I was also under the impression we're also entering a regulatory climate where amount of regulation isn't so much decreasing (TikTok ban for example is heavy handed), but that big tech has much more involvement in forming that regulation, which is useful for moat-building.
I'm not too knowledgeable on these, it's just the general gist I've been picking up so far this year, looking for correction if I got the wrong idea.
Not op, but yes.
>>>Seems like a forced sale is beneficial to them.
Short term. Long term you are establishing a precedent that you can intervene and take away the power of any large tech player. If it can happen to tiktok it can happen to others.
Im not against tikton ban, but im against it in its current form , since its not for the right reason. (China plays unfair with us corps, we should reciprocate our treatment of their own in our borders. The law instead claims some US patriot act natsec prerogative bs)
The USG forcing a sale of the 3rd largest social media platform to FAANG from China is extremely pro-big-tech.
Also, the most recent administration is seeped with VCs. The Vice President JD Vance is a Peter Thiel protege.