this post was submitted on 17 Mar 2024

1363 points (99.9% liked)

196

16237 readers

2 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago

MODERATORS

moss@lemmy.blahaj.zone

greembow@lemmy.blahaj.zone

moss@lemmy.world

queue@beehaw.org

funky_rodent@lemmy.blahaj.zone

PeachyMcPeachface@lemmy.blahaj.zone

threegnomes@lemmy.blahaj.zone

greembow@lemmy.world

remotelove@lemmy.ca

Roflmasterbigpimp@feddit.de

qaz@lemmy.world

A_Very_Big_Fan@lemm.ee

qaz@lemmy.blahaj.zone

A_Very_Big_Fan@lemmy.world

qaz@lemmy.dbzer0.com

qaz@sh.itjust.works

qaz@lemmy.sdf.org

1363

TikTok Rule (fedia.io)

submitted 6 months ago by BigFatNips@sh.itjust.works to c/196@lemmy.blahaj.zone

182 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] OldWoodFrame@lemm.ee 5 points 6 months ago (1 children)

If that's Rupert Murdoch, he had to get US citizenship to be allowed to own Fox.

[–] CampRefugeeCounselor@reddthat.com 1 points 6 months ago (1 children)

Quick Google search: "Generally, there are no restrictions on foreign ownership of a company formed in the United States. The procedure for a foreign citizen to form a company in the US is the same as for a US resident."

[–] OldWoodFrame@lemm.ee 9 points 6 months ago (1 children)

Broadcast news is one of the exceptions:

Under federal regulations an alien may not own more than 20% of a broadcast license.

https://www.latimes.com/archives/la-xpm-1985-09-04-mn-23112-story.html

[–] jkrtn@lemmy.ml 1 points 6 months ago

The missing link is to recognize that billionaires are citizens only technically. They have no interest in the well-being of their nation (or even their planet), nor are they subject to any of its laws.