I agree with you.

And, well, I assume everything coming from the US is ~~theater~~ entertainment from the get-go. That's why I don't even bother discussing it anymore although I have recently pointed that out about Trump is trying to divert with the Greenland fiasco and the media is being complicit. This is just another one of the pile. I think he's purposely flooding the media and pushing for Americans' mental exhaustion.

ultimately some truth to the fact that companies run in China inherently have involvement of the Chinese government

I'd say that's an understatement. The Chinese government is greatly involved in many aspects of their social media because they don't have speech protections for individuals nor the press. Xi wants absolute control, so the Chinese government is also involved in other questionable news this week about sponsoring hackers who were primarily targeting the US for gathering intelligence: Millions of Americans caught up in Chinese hacking plot - US. They had state-sponsored malware on 10,000 computers targeting civil rights activists. It doesn't seem in their interest to play fair, I wonder what their strategy would be if Trump steps in to stroke hes ego.