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

reuters.com

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

#91

Post by sukilot »

ideals wrote: post #76

social media app that has up to 80 million daily active users in the United States. Crazy that one person can ban something over 1/4 the US population uses every day. The implications of that are staggering. (for any politically trigger fingered voters who think this opinion is derived based on current administration, you would be incorrect. I do not think something like this should ever be decided by a single person…

Crazy that one person controls an app that over 1/4 the US population uses.

Crazy that over 1/4 the population uses one entertainment app. I don't even see how that's possible, even if all tweens/teens/teen-aspirationals use it.

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

#94

Post by andrewPP »

Us companies like Facebook and Twitter had a chance to operate in China as long as they were willing to follow local laws/policies; they were banned because they didn’t want to cooperate. On the other hand, TikTok seems willing to obey us laws and is bringing its team/data center into the us. Banning TikTok in spite of that sounds similar to injecting disinfectant for COVID

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

#95

Post by baybal2 »

namelosw wrote: post #66

From the US-China conflict perspective, it seems the Trump administration is looking for something that China cannot easily retaliate. China can easily pick a consulate to close when the US closes consulate in Houston. But businesses from the US in China always require Chinese companies to operate, just like World of Warcraft is operated by NetEase in China. After Microsoft acquire Tiktok's operation, if China just p…

Very much that. Beijing is running out of big "American" companies it can retaliate against.

No Facebook in China, no Tviter in China, all major American brands are effectively franchises, or joint ventures, so they will be shooting their own business in the foot.

They can of course order those Chinese joint venture owners to appropriate the American stake in their corporate entities, but those state never been high to begin with, with Chinese JV sides always trying to exfiltrate equity out of them.

Out of big fish, pretty much the only one remaining is Apple, which owns very little in China, but will be crippled if being denied access to Chinese contract manufacturers.

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

#98

Post by ericmay »

factorialboy wrote: post #80

What if China stalls and the US administration changes in a few months.

Don’t think it’ll change with Biden. The rhetoric level may change, but the overall sentiment is quite bipartisan and public opinion of China right now in America is awful.

Also, the US can just ban it tomorrow and it’ll disappear.

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

#99

Post by 627467 »

ideals wrote: post #76

social media app that has up to 80 million daily active users in the United States. Crazy that one person can ban something over 1/4 the US population uses every day. The implications of that are staggering. (for any politically trigger fingered voters who think this opinion is derived based on current administration, you would be incorrect. I do not think something like this should ever be decided by a single person…

I don't know if it's "crazy" that 1 person (if it's indeed just 1 person) can ban an app. After all political/judicial/comercial orders to ban things happen all the time.

I think it's more telling that 1 decision can be effective actually banning it - considering that there are so many things/services that are banned and yet available online, the fact that this hypothetical ban be effective, says more for the tech stack of this app/service than for the actually political/commercial decision to ban it.

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

#100

Post by jdatsun34 »

ideals wrote: post #76

social media app that has up to 80 million daily active users in the United States. Crazy that one person can ban something over 1/4 the US population uses every day. The implications of that are staggering. (for any politically trigger fingered voters who think this opinion is derived based on current administration, you would be incorrect. I do not think something like this should ever be decided by a single person…

Great Firewall of the USA - "if the NSA can't use it to spy on you, it's not truly freedom"
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