 it's the matwork the last time we were talking we were talking about the prospect of a tiktok band and um a lot's happened since then but not a lot at the same time because we're still not much clearer on the final outcome it looked like it's going to be resolved early this month when oracle stepped in to you know to buy tiktok obviously there was microsoft on the table before and they rejected that but i don't know how much you've been following about it but obviously it's all set in agreement like walmart and oracle you know we're going to buy 20 stake in tiktok um so that was all that had all gone through so oracle would have a 12 and a half percent stake and walmart seven and a half percent stake in tiktok global but when so this is all agreed and obviously and trump sanctioned it so it was all set to go through but then oracle then came out and said that when tiktok global has been created we're going to own most of it it's going to be american owned and bike dance will no longer own won't own tiktok global but then bike dance came back and said that we're not going to be losing control of tiktok or and tiktok global is 100 owned by us and it's a subsidiary of bike dance so there's a clear conflict here in terms of like you know people aren't on the same page right right so that's still very much a mess and then it was supposed to be banned on the app stores in the us last weekend um and that's what trump wanted to do but then tiktok filed for an injunction which is granted to stop it being banned because they were going to take it off the app store so you couldn't download it anymore of your new user and there'd be no further updates to the application but you still had the app download you could use it but that never happened so it's still on the app store and still all working fine but there's a lot to sort out clearly between bike dance and oracle um because originally we thought it was going to be a proper buyout but really all this is really is oracle investing in the in the company so it's not really what what trump administration had in mind so it's all just a massive mess again it seems and clearly these agreements have been done but they don't know who owns what and bike dance still clearly want to have full control and that will never be allowed by trump so it's all pointing back towards it being banned again after all this that's what i always understand like thinking when i first heard about the oracle deal i was like this isn't this isn't what trump asked for no this is in no way you know um blocking them from any of their other presence it really just added another american stakeholder and hope to leverage the fact that there's somebody who else else who will benefit from it in terms of an american corporation to i guess increase their lobbying ability but i don't know man i mean because there's also that aspect of china changing their laws to to prevent or enable them to be able to withhold the algorithm whether tiktok tries to or not or bike dance tries to or not hey yeah you can take the tiktok name but we can keep the algorithm itself from being sold so now you have the brand and maybe the users of the platform but you no longer have the algorithm which is the sauce that's the primary ip which really makes a company like this we're fine so i don't know man i mean i i'm at a loss in terms of predictions yeah you know like ultimately like the one thing that i said at the beginning is gonna be true right something major is going to happen i feel like there's already been multiple major things that have happened but at the where it ends at the end of the road and how long this is going to be going i don't know we'll see what do you think yeah i mean i thought it was all resolved when when they announced the article coming in i was like oh great so it's gonna be you know it's gonna be fine and then i saw well actually it's only an investment but i must be that must have been sanctioned so i must have been fine i must have agreed to that but now going back through again the latest news it's clearly not been discussed and i don't so i can i can see why the Trump administration are still trying to get it banned because not what they agree to or and it's and this tiktok global idea is nice in principle but not if not everyone's not on the same page so so this could run and run and run because if they're refusing if their firm starts by dancers that were not giving it up then they're just trying to take the money and run from oracle it seems true because if this issue started because of access privacy and ownership it can only be resolved through access privacy and ownership right um one of those that creates the other like in the privacy there's never going to be the trust hey yeah you have the methods to do to create privacy measures but to trust you to just to report everything to us that's never going to happen so it has to be resolved through the ownership and access part of it and man i think that it was so it's interesting that so many people have used this moment right if you look at triller using it to input themselves in the conversation and got pr moments out of it and and they've really been trying to run up with it they've been the best out of any of the secondary companies in that market space in terms of leveraging the moment for pr and but i haven't seen anything personally that's significant from even that end of things so i mean tiktok is still king as as it speak as we speak but yeah man i don't know man it's so it's it's so interesting because of the timing of it as well where you have a situation where the google's the youtube's the apples would probably wouldn't do it it's just so outside of their business um anyway but um the amazons people who have that money and even the brand and social capital that we would expect to see involved in something like this they got there being caught in this time when they're all being um convicted well not convicted that's that's too official um when they're all being what's the word they're just being analyzed right within public for this whole monopoly aspect of their business right i don't know if you saw the hearing where all the CEOs were on Capitol Hill through a zoom call right but like that even stuff like that like as a moment it prevents a company like that from being able to come in and really making a strong arm argument it's kind of like yeah we we need to just maintain you know nobody wants to see us involved in this right now especially the conversation that's already around tiktok it's like yeah yeah we we couldn't really touch this so you leave this opportunity for these other companies that in any no normal circumstance would necessarily have that like walmart you know what i mean like things that don't even make sense um and even oracle a tech company it's so legacy that people don't think of it in that way um so to create these opportunities but it also from an overall american aspect of things it it lessens the the opportunity for that buyout to happen if it ever was going to be a thing that that happens so yeah man i've just been watching this is just another another part of the good year of 2020 i know i mean if you asked me right now what's going to happen then i would say that it's going to end up with it being banned because it's clearly not going to be fully owned by the us they're not going to give it up by dance because there was too much involvement there's too much of their tech ingrained in the platform obviously the election is imminent and if you know if power changes hands this might be dropped in altogether anyway so who knows like that maybe they're trying to just you know ride the storm a bit if they can put the longer they can push this and more benefits by dance anyway yeah you know what you say that they talk about the abilities of tiktok and controlling the feed the way it does and really can make things pop up one of the fears is propaganda i don't know man i wonder if tiktok will try to you know sway people to vote against trump well have you seen that they've launched a new election feature on tiktok on my discover page i actually haven't seen that feature yet but i have this morning i saw a lot of bite and shit on my on my feet i can't i can't say that they're launching some like election like advice and guidelines and spotting like fake news and stuff are launching a whole campaign on the election on tiktok so it's you know they can do it as their platform it's clearly some ulterior motives there but they are launching this new feature on on the platform to educate and inform that's the top line to educate and inform the the public um i'm going out to vote um so that that's already in the works so imagine that would keep getting more and more developed as we get closer and closer to the time also i also saw earlier this month that tiktok also partnered with t-spring to you know launch some e-commerce on the platform we've talked about loads before about this eventually happening you know how it's going to be integrated in the platform but it's actually making the proper steps now it's out of beta now it's actually going into the platform so this is just one of many partnerships i feel are coming through