Why TikTok Sale Won't Be Done By September, Data Sovereignty is Key
Schwab Network · Schwab Network
Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Eric Cole (@DrEricCole) says TikTok has "turned into a political pawn" amid a trade war with China. Eric believes Amazon (AMZN) would make a better fit as a corporate owner and could provide a direct pipeline to Amazon's e-commerce platform. However, Eric cautions that a TikTok deal likely won't be done by September's deadline and believes defining data sovereignty is more important than who's buying TikTok. He suggests the President considers an Executive Order to establish domestic storage of data as well as increased security from domestic social media companies using the data.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about