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

reuters.com

331–340 of 723 posts

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

#331

Earlier quoted context omitted.

Not that it justifies our behavior, but I can’t help but cringe a bit when considering how China locks American companies out of its market but expects better access for Chinese companies in the American market. America-Chinese relations started going downhill in 2009 when China thought it prudent to start blocking most Americans services, America just took a decade to follow up with similar bad behavior.

> 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 another automaker) that actually owns >50% of the joint subsidiary that actually makes and or sells the cars. The alternative is Apple, which owns no manufacturing and had everything produced on contract from independent manufacturers. And again, none of this involves user data. Also, both the play store and Apple iOS store's content are at the mercy of the CCP gatekeepers, so even if a person in China can buy an apple product, they experience a different app ecosystem.

I don't think there's a non-Chinese-owned company that has access to and stores user data streams, like a foreign-owned weibo or something, but I'd be curious if someone had an example.

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

#332
post #246

Earlier quoted context omitted.

> This is definitely not a public opinion. OP means this is the public opinion in China, not in US. Or at least that's the public opinion that CCP wants to install. And unfortunately most of the people surrounding me agree this. And I can't argue with them without convincing them the "sometimes misguided censorship" is deliberate and people should not accept censorship in the first place (if most of them do China wou…

Ah yes I misread it. Public opinion in China is going to be almost always anti-US. That's just regular propaganda for decades. It's not safe to have differing view in China regarding nationalism. Not sure why this is news though.

because contrary to what you believe, many Chinese looked up to aspects of the US.

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

#333

Earlier quoted context omitted.

Not that it justifies our behavior, but I can’t help but cringe a bit when considering how China locks American companies out of its market but expects better access for Chinese companies in the American market. America-Chinese relations started going downhill in 2009 when China thought it prudent to start blocking most Americans services, America just took a decade to follow up with similar bad behavior.

Agreed completely. The degree of pressure that China applies outside of software is also very unsettling. The latest episode with the NBA allowing players to promote social causes on their uniforms for example...unless you’re supporting Hong Kong or Taiwan. It’s appalling.

America applies diplomatic pressure too, for the things it finds important. This is how international politics work.

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

#334
Maybe I am blaming the wrong companies/countries but it seems to me that platforms like iOS and Android should provide near perfect sand boxing for all apps, including TikTok. No app should be able to quietly have access to our devices.

The new beta for iOS is doing a better job by having little notifications of what app is using the camera, microphone, your contacts, etc.

I would also like to speculate on something: Peter Theil owns a lot of Facebook stock and TikTok is a market threat to Facebook. Peter Theil is close with President Trump. You can see where I am going with this...

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

#335
post #242

Earlier quoted context omitted.

I've tried Snapchat, never felt the same thing I'm getting with TikTok. TikTok is not being hyped to me, I genuinely get a good laugh out of it everytime I open it. Never had that with Snap or really any other social network. This is huge.

I've had exactly the opposite experience. What does your comment and mine tell us? Absolutely nothing.

I don't think there's ever been a social media platform as widely loved but its users as TikTok, ever.

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

#336

Earlier quoted context omitted.

> it is here to stay That's what I heard about plenty of social platforms like this. Everyone thought Vine was here to stay too. Everyone thought Myspace was here to stay. Snapchat was huge at one point and now I no longer know anybody who still uses it. Maybe it will be like Facebook, but there's a big chance it won't. It's huge now, but its still relatively niche appeal in the grand scheme of tings. These things ap…

> Everyone thought Vine was here to stay too. Vine was loved and was shut down by a part time CEO. > Snapchat was huge at one point and now I no longer know anybody who still uses it. People under 25 still love and use snapchat. Tiktok has 80 million MAUs, and is becoming the tool of cultural influence in the same way the Instagram did. I wouldn't underestimate the staying power of tiktok.

> Vine was loved and was shut down by a part time CEO.

Yep. Then the community moved to Musical.ly, then to TikTok. Although the company is gone, Vine is still around in spirit. And I think the same applies to TikTok, too

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

#337

As 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…

> 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.

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

#338

Earlier quoted context omitted.

How facile to compare the situations of companies "when they follow [China's] rules" and "when they obey US laws" as if they are equivalent. America is being arbitrary, capricious, and unfair, in contradiction to the neutral and generally applicable law in America. But China's legal system has been arbitrary and capricious for decades, and is rotten to the core, consistently elevating the whims of the ruling party ov…

The problem with the Chinese government/legal system is well known for long and most Chinese people wish it can improve over time. It is weird to see that some people in the US wants to celebrate and justify the deterioration of their designed-to-be-perfect system.

Who’s celebrating? In this thread? I’m just pointing out the hypocrites crying “hypocrisy!”

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

#339

As 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…

Not that it justifies our behavior, but I can’t help but cringe a bit when considering how China locks American companies out of its market but expects better access for Chinese companies in the American market. America-Chinese relations started going downhill in 2009 when China thought it prudent to start blocking most Americans services, America just took a decade to follow up with similar bad behavior.

Your comment boils down to they did it so why can't we?

That flies in the face of the supposed moral leadership (of the world) of our country.

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