As far as what's next, it's up to the Biden and Trump admins to see what happens next. If deadlines are extended, what does a good divestiture settlement mean for TikTok? Can the executive department get away with not enforcing this law? And of course, the question that really lies ahead of us: what does this mean for other social media based outside of the US like Telegram, Line, and KakaoTalk?
The article talked about mostly entertainment or art related quality. However when it comes to utility related quality, it is a totally different story. It is obvious. I even don't need to expand on that.
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I do not for a second believe that Taylor Swift herself asked this literal question. It is a summarization of the due diligence her team performed, as paraphrased by the attorney charging everyone else.
Take it with a grain of salt - this whole guy's legal case rides on the implication that all of the defendants knowingly had a duty to perform due diligence. And so proving that some celebrities like Taylor Swift backed out - not because of money or scheduling but because they understood that they were trading securities illegally - is important to his case.
Personally, I come down on the side of the defendants on this one. When Larry David was hired to do a superbowl commercial for FTX, how much was he really expected understand about securities law? Could we really argue he was in on the fraud? If he did a superbowl commercial for Chipotle we wouldn't expect him to perform his own health inspections.
It is very common for someone top of one's trade to command respectable knowledge and skill in another trade.
Einstein was a decent violin player. It wouldn't be a surprise if he asked some deep questions in musics in certain circumstances.
Talyor Swift has got to the top and sustained at the top of probably the most competitive business, and keeps her wealth growing. She has certainly financial knowledge and discipline. I am pretty sure she is capable of asking that question.
I think Putin will bet it all on full out war to conquer Ukraine in 2023. I wish I would be wrong.
It is so easy to find reports and evidence of how Tiktok could be of great value to people.
https://www.nytimes.com/2025/01/16/dining/tiktok-ban-cooking...
https://www.today.com/popculture/books/what-is-booktok-meani...
https://www.bbc.com/news/uk-england-67555175