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TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

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Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#11

At what point do the big tech companies see the real threat of Trump and begin actively campaigning against him? Feels like they have immense power if they decided to act politically.

In general, multinationals could more actively cede their host nation. My guess is we'd see less restrained behavior from corporations if Trump wins a second term for a variety of reasons.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#12
post #8

That's one way to avoid a US ban.

This is what a lot companies who do business in China have to go through. For example, Activision-Blizzard are pretty much fully separated from The9, which is the only authorized distributor for World of Warcraft in China. Edit: Apologies, the source I was looking at was outdated and NetEase is the current distributor for WoW in China.

The9 stopped distributing wow in China in 2009.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#13

Earlier quoted context omitted.

yeah and I guess it makes sense in the aspect that they're trying to survive however they can.

That seems like a bit of an overreaction on the company’s part though, doesn’t it? It’s not at all clear that the president had a legal avenue to ban the service, and he has certainly said a lot of outlandish things that don’t come to pass.

[deleted]

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#14
post #8

That's one way to avoid a US ban.

This is what a lot companies who do business in China have to go through. For example, Activision-Blizzard are pretty much fully separated from The9, which is the only authorized distributor for World of Warcraft in China. Edit: Apologies, the source I was looking at was outdated and NetEase is the current distributor for WoW in China.

But unlike China, America fashions itself as a bastion of capitalism. Borrowing Chinese practices seems a little antithetical to everything I see America as

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#15

At what point do the big tech companies see the real threat of Trump and begin actively campaigning against him? Feels like they have immense power if they decided to act politically.

Eric Schmidt worked on Hillary's campaign in 2016[1] so it's not out of the realm of possibility that it's already been happening.

[1] https://qz.com/823922/eric-schmidt-played-a-crucial-role-in-...

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#16

At what point do the big tech companies see the real threat of Trump and begin actively campaigning against him? Feels like they have immense power if they decided to act politically.

I don't know why this is getting downvoted; companies in other sectors (e.g. oil) get involved in US politics regularly.

But there's little precedent for media companies to take action in US politics overtly. (IANAL, but I suspect there are legal impediments as well). Taking a political stand, or providing support for one side, might force big tech companies to resolve the ambiguity as to whether they're media companies or not.

EDIT: Actually maybe there is nothing stopping tech companies from choosing a side; apparently media companies do make political contribitions: https://www.opensecrets.org/news/2010/08/news-corps-million-...

EDIT 2: I can see I've accidentally opened a can of worms about biased coverage and editorials; but my usage of "support" was intended as overt and consistent involvement in political campaigning, generally through donations. And to my surprise, that does occur.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#17
post #13

Earlier quoted context omitted.

That seems like a bit of an overreaction on the company’s part though, doesn’t it? It’s not at all clear that the president had a legal avenue to ban the service, and he has certainly said a lot of outlandish things that don’t come to pass.

[deleted]

>Better to throw away the US TikTok company at this point. It's clear the American general public, Trump and US government does not like dominant foreign social media companies in the US.

This would not be happening were TikTok German, French, British, Taiwanese, Korean, Japanese, etc. Just Chinese and Russian.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#18
post #7

Just echo back on U.S. doesn't have precedents of blocking software in the article. I don't think that's true. U.S. has both means (file request to Apple and Google to pull software off the shelf, remove the domain from root DNS etc) and done these before for piracy and other reasons.

What does “file a request” mean here? Send a letter asking?

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#19
post #8

Earlier quoted context omitted.

This is what a lot companies who do business in China have to go through. For example, Activision-Blizzard are pretty much fully separated from The9, which is the only authorized distributor for World of Warcraft in China. Edit: Apologies, the source I was looking at was outdated and NetEase is the current distributor for WoW in China.

But unlike China, America fashions itself as a bastion of capitalism. Borrowing Chinese practices seems a little antithetical to everything I see America as

> But unlike China, America fashions itself as a bastion of capitalism. Borrowing Chinese practices seems a little antithetical to everything I see America as

China is approaching fascism from the Lenin-Stalin-Maoist “Communist” side, the US from the mixed economy welfare state side. That they should be increasingly borrowing unpleasant tactics from each other is unsurprising, even if contrary to the image each side tries to project for propaganda purposes.

The US hasn't yet quite established unquestioned control of the faction working to implement fascism, so has a better chance of changing course in the near future.

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