Slate News Slate Money | Trump’s TikTok Backtrack
Jan 25, 2025
This week, the chatter revolves around TikTok’s surprising reprieve in the U.S. and the political implications behind it. The hosts speculate on Trump's shift regarding the app and the potential financial winners if an American company invests. There's a playful critique of Trump launching a controversial meme coin, igniting backlash in the crypto community. And a discussion on the rise of digital shoplifting reveals intriguing behaviors among Gen Z and millennials. Don't miss the reflections on corporate fraud attitudes in younger generations!
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TikTok's Resurrection
- TikTok briefly went down due to a ban, then back up after Trump's intervention.
- Trump now takes credit for TikTok's return, highlighting his influence.
Chinese Strategy
- TikTok's flattering message to Trump and his talk of negotiation suggest a strategic approach by the Chinese government.
- This positioning aims to appease Trump, but the app's availability remains uncertain.
Fragile System
- Laws are only effective with enforcement and belief in the system.
- Many US laws rely on individuals asserting their rights in court.