On Saturday’s broadcast of Fox News Channel’s “Fox & Friends,” Peter Schweitzer, GAI chairman and Breitbart News senior contributor, said: Blood Money: Why those in power turn a blind eye while China kills Americanssaid ByteDance would stand to profit from the sale of TikTok if the House TikTok bill passes, and that they oppose the sale “because they don’t want to give up control and access to children.” .
Schweitzer said TikTok “has a lot of lobbyists.” They have several former U.S. senators on their staff, former senior campaign staff to Presidents Trump and Obama, and large U.S. investors including Jeff Yass, who owns a large amount of stock. is investing money. A lot of money goes into this. What everyone has to keep in mind about the American investors you were talking about is that Chinese law is clear that if these investors disparage or criticize ByteDance, they shares will be seized and confiscated. So our point is that you shouldn’t take what these investors say too seriously. Because the Chinese government imposes a handful of profits on them, and frankly, they can’t be honest about their views on the company. You risk losing all your shares. ”
he added, “[L]Let’s be honest about ByteDance. ByteDance is a company that works closely with China’s Ministry of State Security. They are conducting joint research on artificial intelligence. The Chinese government has designated TikTok’s algorithm as a state secret. This is not just confidential corporate information, it is a state secret. And as I wrote in Blood Money, quoting extensively from Chinese propaganda and military officials, they see TikTok as a Trojan horse that can manipulate young people. It explains in detail how it is already being used to improve people’s lives. what they think and feel. So this is a form of what China calls cognitive warfare. If you can’t deal with this problem, I don’t know how you will. The idea that companies that work closely with the Department of National Security are giving unrestricted access to our children and we can’t do anything about it, unless we can pass a bill like this. It might be better to give up. ”
Schweitzer concluded: “Companies are going to have a lot of interest in acquiring this asset, so they’re all going to make money. So it’s not like they’re losing it. … And investors, American investors, Chinese investors as well. The investors are going to be whole, too. They’re going to make money on this deal. The reason they don’t want this to end is because they don’t want to give up control and access to our children. ”
to follow Ian Hanchett’s Twitter @Ian Hanchett
