Saturday, September 27, 2025

The TikTok deal puts even more media in the hands of the super-rich

The former US labor secretary Robert Reich described the situation plainly, writing this week on the platform formerly known as Twitter: "The richest man on earth owns X. The second richest man on earth is about to be a major owner of TikTok. The third richest man owns Facebook, Instagram, and WhatsApp. The fourth richest man owns the Washington Post."…

 

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