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

reuters.com

111–120 of 723 posts

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

#111

Earlier quoted context omitted.

If US successfully force China to open market, that would be a win for everyone. Of course though, this situation would only occur in fantasy land.

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

Active versus passive approach

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

#113
post #90
post #74

Earlier quoted context omitted.

Ironically, this future might be what CCP wished. Their practice won't be regarded as "archaic" anymore and U.S ultimate grip in tech might start to wane, however small will be. A few days ago Pompeo warned that CCP might change "us" (outside PRC in this context). It seems, however, that U.S. might be the first to be changed.

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.

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

#114
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.

Let's see how joyful is to enjoy the freedom of using government moderated AppStores and websites. The best freedom.

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

#115

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

China is a communist regime. They can do whatever the hell they want, why would american companies spend any time conforming to their demands when they can pull the rug out from under them at any time. Also, they would be under their total control forever.

American companies do it for money. Companies like major movie studios, sports leagues, operating system vendors, search engine providers

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

#116

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

China is a communist regime. They can do whatever the hell they want, why would american companies spend any time conforming to their demands when they can pull the rug out from under them at any time. Also, they would be under their total control forever.

Many american companies seem to collaborate successfully with this communist regime including but not limited to Apple, Microsoft, Amazon. Even Google still has Google Ads platform operating in China.

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

#117
post #110
post #98

Earlier quoted context omitted.

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.

then tiktok may simply provide a web version. Will US build some kind of firewall?

They already have a web app

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

#118
post #46

US is doing with China what China did with them. American VCs and business men used to criticize and mock Chinese government for it. Since US is following the footsteps of China, I wonder whether Chinese will be doing what US VCs did?

I don't think primary driver for this move is US it looks like to be coming from the Indian ban. India had 120 million active TikTok users. It was one of the fastest growing apps there.

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

#119
post #25

So how will this work? Will there be 2 apps? Tiktok US and Tiktok for the rest of the world?

Leave it to America to have an app that works just great (Vine), destroy it, let China copy it, and buy it back.

stonks all the way my brother

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

#120
post #52
post #44

Earlier quoted context omitted.

The split would likely be Douyin (TikTok China) vs. TikTok for the rest of the world. The business is already structured that way- ByteDance operates Douyin directly but TikTok operates through a subsidiary.

They are divesting the US operations though. So basically different owners for US, China and the rest of the world.

US operations alone cant be valued at 50 billions.
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