US TikTok Ban Looms, UAE Investment Fund Saves the Day
Al-Monitor reports that UAE AI investor MGX is moving closer to a strategic stake in TikTok US, a convenient solution to Washington's supposed 'national security' concerns over Chinese ownership. The state-linked Emirati firm is set to acquire a 15% stake, averting a nationwide ban. It appears the 'threat' to American data sovereignty is less about any foreign influence and more about specific
foreign influence. Funny how a 'national security threat' can be resolved with a significant capital infusion from a US ally, particularly one with a track record of its own digital surveillance capabilities. One might wonder if the real 'threat' was simply the wrong country owning the data. The US government, after all, has shown a remarkable ability to overlook human rights records and digital
authoritarianism when it comes to strategic partners and profitable ventures.