Really feels like it should be based on % difference from average costs paid by other industrialized nations. I have no frame of reference for whether drugs 21-50 are high margin enough to merit the costs of hiring people to research and negotiate. I assume they are but then like why not 51? Why not 3000? Why not 15? I can’t follow the logic if we’re just saying numbers of drugs.
If TikTok is a threat because it steals American's data, so is Facebook. We could solve both problems with comprehensive data privacy laws that cover foreign and domestic data harvesters.
But who am I kidding, our government doesn't care about our privacy, they're just scared of China, and even if they did they can't work together to get a decent privacy bill.
More context: The U.S. Securities and Exchange Commission allowed Donald Trump’s media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion. reuters.com/…/digital-world-shares-surge-us-regul…
Even a broken (smashed to bits and run through a shredder) clock is right twice a day, it seems.
However, transparent translation: man with financial stake in a social media company considers competing social media company to be “enemy”; more at 11.
“Without TikTok, you can make Facebook bigger, and I consider Facebook to be an enemy of the people,” Trump, who was formerly U.S. president between 2017 and 2021, said in a CNBC TV interview on Monday.
I am disappointed that they go through the whole article, and never point out that Trump runs his own social media platform, and that might give him a conflict of interest when speaking about Social Media companies. Is Facebook really an enemy of the people, or is it just a competitor of Truth Social?
am disappointed that they go through the whole article, and never point out that Trump runs his own social media platform, and that might give him a conflict of interest when speaking about Social Media companies
Agreed.
Moreover, any corporate run, non open-source, centralized social media platform is an enemy of the people.
This includes TikTok, Twitter, all of Meta, Truth Social, Reddit, Next-door, and so on.
Yeah Trump is technically correct here, but didn’t arrive at his correctness by means of truth. Rather, he arrived by means of self serving agenda as always.
Facebook is garbage and so are all the other privatized, data harvesting, privacy violating social media platforms.
Facebook. Who basically won his last election with disinformation campaigns… Why would anyone ally themselves with Trump, you will never, ever get his loyalty.
It should also be stated that the site originally was running Mastodon with a new skin to try and hide it. They have since acknowledged it and posted the source code required on the Legal page apparently (according to Wikipedia).
Edit: I agree that more should be regulated, but you need to start with the critical ones first. It’s easier to negotiate from that standpoint and build up.
This is great news. And for everyone asking for “100%”, that’s not how politics works. Politics is “the art of the possible” not a magic wand that can make anything happen.
Honestly, I am always wondering why there is a negotiation at all. If Wal-Mart can get the away with telling the likes of Sony, Nestle, and Kraft how much THEY will be paying for the stock for their shelves, the fucking government can do it with abandon. Fuck these asshats. Like, who are they going to complain to besides their hand puppets in Congress and on the supreme court? The government should not be required to participate in the free market, especially if so many fuckwidgets want to tell them that they are not allowed to regulate it.
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