>We are not an M&A (mergers and acquisitions) country,” Trump said.
What? Can anyone parse this?
TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
421–430 of 723 posts
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#422Earlier quoted context omitted.
> The wheels of justice turn too slowly for election interference The logical solution would to start spinning the wheels faster, not take authoritarian action. Of course, the FEC right now doesn’t even have a quorum and has only had one for about a month in the last year, due to negligence by the President and Congress. It’s obvious the politicians aren’t that concerned about the “wheels of justice” when it comes to…
So I take it you'd be fine if, e.g. Yandex (the "Russian Google") entered the market then? Good to know. Or is that different somehow, in your mind?
Entered which market? Yandex works (and has always worked) fine in the US as far as I can tell. I'm not getting your point.
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#423Earlier quoted context omitted.
> The President shouldn't have authority to ban anything at all let alone an app available through privately operated app stores. If it's a matter of national security, yes, he should. Whether it's ultimately seen as an abuse of power can be decided later in courts or via election.
TikTok is not a national security problem, no more than Whatsapp or Telegram or Skype is a national security problem. The last time I asked folks here to explain to me why they think its a national security problem, I got a list of arguments that were just a little bit less plausible then those for the existence of Santa Claus. Just because Trump says something (while providing no proof) does not make it true.
> TikTok is not a national security problem, no more than Whatsapp or Telegram or Skype is a national security problem.
Yes, TikTok is potentially a national security problem. Sending a lot of citizens' personal info to an opposing super power is a national security problem. This is especially true when we are in disputes on many fronts like Taiwan, Hong Kong, islands in South China Sea
Telegram, maybe, but the founder makes it clear that he escaped from Russia, and Russia wants to imprison him(?).
Whatsapp and Skype are US companies, so they send info to US. There's not much security risk here. Their founders are US citizen or in a country that is aligned with US.
> Just because Trump says something (while providing no proof) does not make it true.
There's never proof in any geopolitical issue/scandal. At best, you have expert hearsay. Maybe CIA's opinion from wikileaks.
If we had to wait for proof for any geopolitical issue, US would probably already collapse for being incompetent long ago.
Now are you trying to say TikTok will never ever send personal info to Chinese government (if China requests)? I hope you're not. We know this isn't true.
Saying US and China having no tension against each other is just very strange; The tension is blatantly obvious for decades. I'm not sure if you aren't truly aware or you just pretend you don't know.
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#424Earlier quoted context omitted.
> China locks American companies out of its market This is something that is often claimed, but it doesn't reflect reality. China does not generally lock American companies out of its market. In fact, American companies have a far greater presence in the Chinese market than vice versa. For example, take a look at the 2017 China sales figures for a few American companies: [1] * Apple: $44.7 billion * Intel: $14.8 bill…
This is apples and oranges. You listed hard good sales - imports (even if actually manufactured in China in the case of Apple). IIRC, Foreign companies need to have majority-owner Chinese partner entities to "own" business operations in China. So a non-Chinese car company that wants to have ownership over it's Chinese assembly line operations and sales in China needs to partner with a Chinese company (typically anoth…
> IIRC, Foreign companies need to have majority-owner Chinese partner entities to "own" business operations in China.
You recall incorrectly. You're describing the situation about 30 years ago, in the early stages of China's opening up. In the intervening time, restrictions have been dropped from most sectors (including the automotive sector - Tesla's Shanghai factory is a demonstration of this).
The Chinese market is open both to direct investment (FDI, which I mentioned above), and to imports of foreign goods. American companies have much greater penetration into the Chinese market than vice versa. It's blindingly obvious if you've been in both countries.
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#425Earlier quoted context omitted.
Owned by the CCP therefore not capable of following US law.
The TikTok app is served by the US data center operated by a team in the US. If they violate any US law, federal regulators can find out and punish TikTok based on evidence like how they fined Facebook. Being owned by the CCP doesn't mean that they cannot obey US law. And it is really hard to imagine how CCP can harm the interests of the US people with those short fun videos. Does Trump believe virus spreads via thes…
Direct database access as required by the CCP
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#426Earlier quoted context omitted.
It exposes the level of mental illness in America and around the world. You have teens threatening to kill themselves if it gets banned. What will all these girls do if they can't get some attention and a dopamine hit every few hours. Woman are taking to Tik Tok and posting farewells crying and dancing. Some are even threatening the President. The app is poison but perhaps it's no worse than Insta, Twatter and FB and…
Please don’t bring this kind of holier than thou preaching to this forum. Just because you’re not the target audience doesn’t mean you can call the users as being “mentally ill”. ALL humans crave dopamine hits (what brought you to this forum?). Dance and music is how a certain demographic of humanity lives to express themselves, and there is an app that lets them do so. What the hell is your problem? Who are you to t…
You are not the target audience of his comment.
I appreciated the comment. It exposed me to something I didn't know was going on.
With regards to "who are you to take it away from them..."
I don't think the parent poster has that power.
The president does and he may ban it to protect users privacy.
Some people are parents of kids who use it and they would have the right to limit where and how their children can express themselves.
Countries like Egpyt are putting girls in jail for dancing on tiktok.
This has all of the making of the next footloose.
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#427Ok, but for real: TikTok is a propaganda machine for China.
End of story.
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#428Earlier quoted context omitted.
As a United States citizen, I don’t agree that we’re obligated to play fairly with someone who brazenly refuses to do so for us. That’s all I really have to say about this.
What is “fair”? We believe in a free market economy. There is no way to “game” it because by definition a free market has to be free and what arises from it is what is supposed to be. China has a planned economy. They pick and choose what happens economically and they have a heavy hand in manipulating it. It honestly sounds like we want to have our cake and eat it too. The free market is the best way to develop a hea…
The US being a free market and China tightly controlling it's markets is precisely what's unfair. Think if it like a tariff. When a country establishes a tariff, most other countries set up their own tariffs in response. This is fundamentally the same thing. China banning Facebook, Twitter, et al. is effectively a tariff on US tech companies. Now the US is setting up its own tariffs in response.
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#429As someone from the third world this leaves a very bad feeling if it happens. I do expect it runs into legal hurdles before that. Neither Apple nor Google have found TikTok problematic enough to delist them from their app stores. Neither is there charges that TikTok may have broken US laws. Banning something which hasn't broken US laws, on arbitrary grounds shouldn't be possible. The President shouldn't have authorit…
> Chinese policy seems to have not significantly changed in the last 5 years towards the US, but on the other hand US seemed ever more keen and eger to pursue a hostile attitude towards China. For decades, China has blocked U.S. companies from fair competition, reneged on trade deals when it suits them, backed out of industrial partnerships after extracting the IP it deems useful, and generally been a bad trade partn…
The rationale in your comment is unconvincing to me. If Tiktok is breaking the law, that should come to light and be actioned like any other company breaking the law; likewise TOS violations on respective app stores. I haven't seen any reports to suggest that Tiktok is breaking U.S. law, have you? And if the rationale is, as you suggested, a retaliation against 'bad behavior for decades', what precedent would banning Tiktok set for other non-U.S. owned apps and services?
Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources
#430From a Chinese multinational to an American multinational. I'm not convinced that any sort of data safety will arise from this. This is really just US giving China a taste of its own medicine.