Live data from Hacker News

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

reuters.com

161–170 of 723 posts

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

#161
post #97
post #65

i don’t really get how this works. will the US one have global users or just US ones?

Global, unless other countries ban an app that US can use to spy on them.

If they are concerned about spyware they'll ban the China version much earlier than the American version by any reasonable threshold.

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

#162
post #156
post #112

Great policy. The EU needs to do the same with American big tech.

If the EU banned American big tech, they'd be set aback 20 years. Of course where would be a populist revolution. The difference between the EU and US on this matter, is that the EU has almost no substitutes, and they just don't - for whatever reason (there are many) have he will to do them. And of course there's no point - what FB is doing is no different from what a EU-based FB would do.

Do you really think EU is not capable of creating similar services?

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

#163
post #90

Earlier quoted context omitted.

I know right? And this saddens me because my whole life the USA was the role model. I was born in a communist country but it changed to be more like USA at my early childhood, so USA is the dream. Now the USA is becoming this thing that values state security in expense of individual freedoms. I am totally not amused. edit: unfavourable opinions seem to get downvoted into oblivion. I am actually surprised by the jubil…

The CCP is a threat to individual freedoms. Freedom to consort with an enemy nation had never been an important individual freedom in any nation. Don't worry, US has plenty of individual freedom for Enlightening activities like spewing virus on other people.

sounds like an excuse to me. How is a political organization in a country that has no jurisdiction over you in any way a threat to your individual freedoms, but the state apparatus in your own country somehow not even when its literally telling you which apps you can use and which ones you can't?

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

#165
post #92

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

Pivot to the pacific was an Obama initiative that was loooong in the making. It doesn’t matter who drives the train, the tracks are already laid.

It matters hugely.

Obama's pivot was based on TTP, and generally avoiding direct confrontation with China.

Trump's agenda is completely different - ignoring partnership/bilateral approach, and fairly assertively acting against China.

But those were also strategies founded in different eras: the TTP was create back when China was still not quite powerful enough to be a dangerous world actor. Now it's more of a 'standoff' situation with unpredictable leadership from Trump.

And with only a 4 year horizon after which 'everything changes' on the American side.

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

#166

Earlier quoted context omitted.

Can you fill us in what they did for those who are uninformed?

Chinese government didn't allow people in China to use US services (Google, Twitter, FB) and instead invested and marketed Chinese "clones" of these businesses (Tencent, Weibo, Baidu). Now that the Chinese owned TikTok is such a desirable app to use in the USA, the US government is blocking it in a similar fashion. To be honest it's all quite petty.

Where have you heard the US government is blocking the app? The gigantic security issues have been because the US government doesn't block apps like this.

It can forbid government workers from using it on government-provided devices. This is sensible due to the capabilities for arbitrary code execution and the full permissions to the device the app requires of the user. Amazon has done that with their employees as well. But the US government doesn't have a Great Firewall. Even if they wanted to, they couldn't ban or block it.

Edit: Apologies. I mistook the unlikelihood of anything like this being effective as reason enough for no one (let alone the President) to make statements like this. I stand corrected.

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

#167
this can be a good way for europe, too. after the last court ruling: https://www.cnbc.com/2020/07/16/european-court-rules-on-face... there must be changes. Maybe this means us users can't see eu users in the social networks and vice versa. But then we could finally post our nipples on instagram!

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

#168
post #143

Earlier quoted context omitted.

Thinking that US market forces will open the chinese market after decades of failing to have that effect seems rather naive.

It's not 'US market forces' that will open China, and it never was. It was the opportunity to expand into global economic markets, with a certain perspective in mind, ballpark along the lines of Western Liberal Democracy and Economy. The Asian countries that followed this path after WW2 were enormously succesfull: South Korea, Japan, Singapore, Hong Kong, Taiwan. They are basically beacons of prosperity surrounded by…

Not sure why you're getting down voted but does anything genuinely think trade has been fair for the US, Canada and China? Would love to hear the opposing side.

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

#169
post #140

The interesting thing is that these platforms come and go. One year it’s Vine, another year it’s Snap, now it’s TikTok. ByteDance bought musically for $1B in 2017 and turned it into Tok. 3 years later, it’s grown like crazy because it’s the latest fad and would be smart for them to cash out before the next new thing hits The whole divestment thing is probably a godsend for ByteDance, “forcing” them to liquidate their…

TikTok is not overhyped, it is here to stay, that's why they want to ban it. It's still growing like crazy and is way way more entertaining than any other social network by a long shot.

Couldn’t you have said the same about Snapchat a few years ago? Not that it’s about to shut down, but it’s definitely not the white hot app it was hyped to be.

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

#170
post #158

Earlier quoted context omitted.

TikTok is not overhyped, it is here to stay, that's why they want to ban it. It's still growing like crazy and is way way more entertaining than any other social network by a long shot.

The type of entertainment TikTok provides is getting tiring. Is like fb videos on turbo. Sugar high can only last so long

Maybe you are just not the target audience here? YouTube also has videos like TikTok and it still has a bazillion users...
Post reply on HN