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

reuters.com

351–360 of 723 posts

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

#351
post #314

Earlier quoted context omitted.

If you mean Coca Cola, you're wrong.

If anything he would mean Pepsi, which is twice as big as Coca Cola (based on revenue). However, that you immediately think about Coca-Cola speaks for their superior branding.

Is that based on soft drink revenues or because Pepsi owns dozens of other non soft drink companies?

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

#352
post #332

Earlier quoted context omitted.

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.

I doubt that is true. There may be some percentage that supports US. But definitely not the majority.

I'd guess it's a very small percentage.

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

#353

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…

We'll see when the EU uses that playbook against the US.

Actually that is exactly how it's playing out these days.

The "circular firing squad" has now been taken to the international stage.

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

#355

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.

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.

No-one, not even your allies believe that the US is a moral actor, not since the Korean War or Hiroshima probably.

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

#356

Earlier quoted context omitted.

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.

America's morality has always come down to "might makes right" and it's quite clear that many people believe that's a perfectly satisfactory state of affairs.

Why fund your own demise? You can’t take the moral high ground with an immoral enemy. This isn’t a movie.

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

#357

Earlier 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…

I worked for a company that provides web and app tracking (kinda like google analytics, but more granular data and user metrics). Any Chinese prospect that engaged with us had to use a myriad of proxies because the Chinese govt blocked our American servers. Also no Chinese prospect ever paid a dime. They would beg for extended trials and bring engineers in to ask questions about the software, requesting server side c…

But what about equality of access and taking the high moral ground? /s

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

#358

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…

I'm old enough to remember how in 2017 people were un-ironically talking about putting Zuck in jail because Russia allegedly ("allegedly" because it was never proven this was state sponsored) spent $100K to organize some pro- and anti-Trump protests on Facebook, and Facebook allowed Cambridge Analytica do essentially the same data harvesting as Obama's campaign in 2012.

But a Chinese communist party controlled media company with tens of millions of subscribers in the US which was _caught spying_ by both Apple _and_ Google is totally fine.

Is election interference and spying done by China good somehow? I don't get what you're arguing here.

For a litmus test, consider whether you'd hypothetically be fine with a massive social network operating on US soil that's run by e.g. USSR, Taliban, ISIS, or North Korea, ahead of what many think is one of the most consequential elections in our lifetimes.

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

#359
post #330

Earlier quoted context omitted.

How else would you negotiate with a bully like China? America is a bully too, but without Uighur concentration camps, fleets of fishing vessels farming the sea to extinction, outrageous claims over the South China Sea, etc. You can only turn a blind eye so long to a competitor’s unreasonable actions (in this scope, IP/trade secrets and the like). As a US citizen, I endorse any actions intended to remove or subdue CCP…

If you’re going to list vices, you better list those of both sides. America is the largest emitter of greenhouse gases by far and is this directly responsible for the climate change catastrophes we are watching unfold before our eyes. EDIT: this fact is incorrect, please see child comment for the facts. It looks like China currently emits twice the amount of Greenhouse gases emitted by the US. (Not justifying what Ch…

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

#360
post #337

Earlier 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.

A straight forward argument that comes to my mind is TikTok being used in the manner Cambridge Analytica used Facebook. Except in this case, it is being done by a State sponsored entity with vast resources (monetarily and people-wise). Further, instead of it being used to help a candidate become elected, it's purpose would be to influence foreign opinions of China/the PRC.

That doesn't sound implausible to me.

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