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TikTok CEO Kevin Mayer to leave the company

cnbc.com

191–200 of 242 posts

Re: TikTok CEO Kevin Mayer to leave the company

#191

Earlier quoted context omitted.

I support it because of "the China thing". Not because I think China is inherently bad (I am capable of separating China from the CCP) but as long as the CCP enforces heir draconian laws that don't permit foreign companies free access to the Chinese market I think this should be reciprocated. Any other response is reckless.

You missed my point: If this is your view, why does a president need to pick on 1 specific company? Why not make it a rule that applies to all companies?

I agree with you. Should be a blanket rule

Re: TikTok CEO Kevin Mayer to leave the company

#192
post #117
post #94

Earlier quoted context omitted.

The sentiment in Europe right now is fear over Chinese money purchasing European companies piecemeal. European valuations are kept artificially low by, well, it seems just by being in Europe. With companies struggling from covid, the usual lack of European leadership on any sort of stimulus, and the US not in a position to bail the European economy out again a la 2008, there are a lot of buying opportunities. Current…

> and the US not in a position to bail the European economy out again a la 2008, there are a lot of buying opportunities. This is new to me, do you have a source? To me the US was in big trouble at the time, no resources to bail out anyone really...

I thought the story was that China bailed the world out in 2008 ...

Re: TikTok CEO Kevin Mayer to leave the company

#193
post #15
post #11

Even if Kevin was to stay as TikTok CEO, he would have to leave his role as the COO of ByteDance. It’s totally understandable that he would want to leave given the reduced scope (no more head of a global company etc.). What seems suspicious however is why he would leave prior to an acquisition. As a CEO, that won’t reflect too good on his reputation... so there’s gotta be a tradeoff somewhere. Wait & see!

He left Disney after being passed over for CEO. Although (assuming that Microsoft or a comparable company buys TikTok) he would likely stay on as its head, with potential to rise within should he do a good job, Mayer is one of the very few people who's already been in that exact spot (or higher; Disney might have a smaller market cap than Microsoft, but in every other way they are equals in their global reach and amb…

Because TikTok is winding down its operations in the US and moving its international operations to Europe.

Re: TikTok CEO Kevin Mayer to leave the company

#194
post #15

Earlier quoted context omitted.

He left Disney after being passed over for CEO. Although (assuming that Microsoft or a comparable company buys TikTok) he would likely stay on as its head, with potential to rise within should he do a good job, Mayer is one of the very few people who's already been in that exact spot (or higher; Disney might have a smaller market cap than Microsoft, but in every other way they are equals in their global reach and amb…

Because TikTok is winding down its operations in the US and moving its international operations to Europe.

Here are the rumours - London or Frankfurt:

http://en.people.cn/n3/2020/0815/c90000-9721956.html

https://www.thesun.co.uk/news/12295304/boris-johnson-clashes...

I am guessing it will be official soon.

Re: TikTok CEO Kevin Mayer to leave the company

#195

Earlier quoted context omitted.

I support it because of "the China thing". Not because I think China is inherently bad (I am capable of separating China from the CCP) but as long as the CCP enforces heir draconian laws that don't permit foreign companies free access to the Chinese market I think this should be reciprocated. Any other response is reckless.

You missed my point: If this is your view, why does a president need to pick on 1 specific company? Why not make it a rule that applies to all companies?

Why it should probably be the President initially is a much longer answer, but as far as only targeting specific businesses the answer boils down to not every Chinese businesses being viewed as a problem. If you only view certain companies or industries as strategically significant at the moment then why would you want to ban the rest? That just drives prices for imported goods higher while accomplishing nothing of value.

Re: TikTok CEO Kevin Mayer to leave the company

#196

Earlier quoted context omitted.

> The Russian government just poisoned another opposition thinker, wow i didn't know he was an american CEO. you're a genius. > North Korea hired a couple of pretty girls to kill a renegade brother or somesuch in public. wow i didn't know being an american CEO made you the brother of a dictator in an authoritarian country > China has disappeared people over just a few wrong words wow i didn't know the american CEO wa…

Please read the HN guidelines https://news.ycombinator.com/newsguidelines.html > Be kind. Don't be snarky. Have curious conversation; don't cross-examine. Comments should get more thoughtful and substantive, not less, as a topic gets more divisive. > When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."

fuck you and dang

Re: TikTok CEO Kevin Mayer to leave the company

#197

Earlier quoted context omitted.

I think you missed my point. I don't really care whether this is the right move or not, and to be honest I don't really know. But I care that some president can simply say "Hey specific corporation, you have 45 days to comply with the rules that are in my head." > You can't even do something as simple as set up an S Corp in the US if you are foreign. Sure, that is a rule in the law, no problem with that. But what if…

The president’s actions, granted on behalf of congress, are already being challenged in court. Religion has nothing to do with it, besides indicating a familiarity with US politics being mistaken as understanding.

> Religion has nothing to do with it, besides indicating a familiarity with US politics being mistaken as understanding.

It was just another example how US blurs things that should be separated. In most European countries this would be a big NO for government to express a certain religion. You have it literally printed on your money.

Re: TikTok CEO Kevin Mayer to leave the company

#198

Earlier quoted context omitted.

I support it because of "the China thing". Not because I think China is inherently bad (I am capable of separating China from the CCP) but as long as the CCP enforces heir draconian laws that don't permit foreign companies free access to the Chinese market I think this should be reciprocated. Any other response is reckless.

You missed my point: If this is your view, why does a president need to pick on 1 specific company? Why not make it a rule that applies to all companies?

India implemented the ban first. Donald is simply copying what India did.

Re: TikTok CEO Kevin Mayer to leave the company

#199

Earlier quoted context omitted.

You missed my point: If this is your view, why does a president need to pick on 1 specific company? Why not make it a rule that applies to all companies?

Why it should probably be the President initially is a much longer answer, but as far as only targeting specific businesses the answer boils down to not every Chinese businesses being viewed as a problem. If you only view certain companies or industries as strategically significant at the moment then why would you want to ban the rest? That just drives prices for imported goods higher while accomplishing nothing of v…

Ok no problem. If you want to live in a country where the emperor decides on this, it's not my problem.

Re: TikTok CEO Kevin Mayer to leave the company

#200

Earlier quoted context omitted.

I think you missed my point. I don't really care whether this is the right move or not, and to be honest I don't really know. But I care that some president can simply say "Hey specific corporation, you have 45 days to comply with the rules that are in my head." > You can't even do something as simple as set up an S Corp in the US if you are foreign. Sure, that is a rule in the law, no problem with that. But what if…

The president’s actions, granted on behalf of congress, are already being challenged in court. Religion has nothing to do with it, besides indicating a familiarity with US politics being mistaken as understanding.

I think it's reasonable to say that the modern trend of expansive executive power going unchecked is comparable to the mixing of religion in American politics.

In both instances they're the result of the Constitution being so old and sacrosanct that you can no longer amend it in a meaningful way. You simply change the norms, stack the courts, and you've knocked out the leg of the stool that was supposed to uphold these ideals. A modern president moving around money allocated by Congress flies in the face of the Constitution. Same with an immigration ban based on religion. But the game has changed to "us v them", and if you get enough of your team in the judiciary they'll sign off whatever you want.

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