61–70 of 723 posts
I'd like to see any YC users come by and claim the US has a "free market" at this point.
Keeping spyware-collected data of private citizens out of the hands of antagonistic authoritarian regimes seems like an appropriate use of regulation, no? Hard to argue its less appropriate than trust-busting or consumer protection regulations.
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?
So is there going to be a US TikTok and a World TikTok?
US is doing to China what China been doing to US companies since forever.
In Amazon, Microsoft etc, US engineers of those companies aren't allowed to access the China servers directly and have to go through the Chinese operators.
China can easily pick a consulate to close when the US closes consulate in Houston. But businesses from the US in China always require Chinese companies to operate, just like World of Warcraft is operated by NetEase in China.
After Microsoft acquire Tiktok's operation, if China just picks some US business to do the same it would make China looks too soft because China is already doing this for decades, and Trump could claim the US has beaten China in this round. But if China escalates the conflict by retaliating in radical ways, the Trump administration could rally more before the election.
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?
Earlier quoted context omitted.
This is what a lot companies who do business in China have to go through. For example, Activision-Blizzard are pretty much fully separated from The9, which is the only authorized distributor for World of Warcraft in China. Edit: Apologies, the source I was looking at was outdated and NetEase is the current distributor for WoW in China.
But unlike China, America fashions itself as a bastion of capitalism. Borrowing Chinese practices seems a little antithetical to everything I see America as
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.
For example, different engineering departments