this post was submitted on 17 Mar 2024

1363 points (97.8% liked)

196

16436 readers

1568 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago

MODERATORS

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

1363

TikTok Rule (fedia.io)

submitted 7 months ago by [email protected] to c/[email protected]

182 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 7 months ago (1 children)

If that's Rupert Murdoch, he had to get US citizenship to be allowed to own Fox.

[–] [email protected] 1 points 7 months ago (1 children)

Quick Google search: "Generally, there are no restrictions on foreign ownership of a company formed in the United States. The procedure for a foreign citizen to form a company in the US is the same as for a US resident."

[–] [email protected] 9 points 7 months ago (1 children)

Broadcast news is one of the exceptions:

Under federal regulations an alien may not own more than 20% of a broadcast license.

https://www.latimes.com/archives/la-xpm-1985-09-04-mn-23112-story.html

[–] [email protected] 1 points 7 months ago

The missing link is to recognize that billionaires are citizens only technically. They have no interest in the well-being of their nation (or even their planet), nor are they subject to any of its laws.