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

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701–710 of 723 posts

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

#701

Earlier quoted context omitted.

Your point #1 is absolutely false. Please provide evidence of this. There is bountiful public evidence of national security risk. And there is likely MUCH more non-public evidence. It's a good thing HN identified new accounts with green text, because it makes it a little more transparent when someone is creating an account just to spread misinformation. I wouldn't be surprised if this thread is full of 50-cent army c…

The fact is that Apple/Google hasn't found them in serious infringement of anything. The article from CNN seems to echo the view in point 1: "Although leaders like Pompeo have described TikTok as a clear and present danger, many in the cybersecurity community say the reality is more complex. While TikTok could become a clear threat to US security under certain scenarios, they say, the danger is currently largely hypo…

>The fact is that Apple/Google hasn't found them in serious infringement of anything.

The fact is also that Apple in particular has an enormous interest in avoiding the CCP being angry with them and Google has also been trying to re-enter China recently.

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

#702

Earlier quoted context omitted.

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.

Not yet I assume, currently FAANG will need to pay a digital tax, taking the TikTok example Google or Microsoft would be forced to sell business to a competitor in the EU.

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

#703
post #143

Earlier quoted context omitted.

It's not 'US market forces' that will open China, and it never was. It was the opportunity to expand into global economic markets, with a certain perspective in mind, ballpark along the lines of Western Liberal Democracy and Economy. The Asian countries that followed this path after WW2 were enormously succesfull: South Korea, Japan, Singapore, Hong Kong, Taiwan. They are basically beacons of prosperity surrounded by…

You cited various Asian countries, but literally every one of those countries paved the same path as China. Authoritarianism with protectionism (as allowed by the rules of WTO developing nations), followed by economic prosperity and democratization.

Singapore is known for being an authoritarian nanny state and now we are calling them a "western liberal democracy" and taking credit for their success.

Also, Hong Kong never had democracy under British rule. All 28 Hong Kong governors were British residents who were picked by London and parachuted into their jobs.

https://en.wikipedia.org/wiki/Governor_of_Hong_Kong

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

#704

Earlier quoted context omitted.

The problem here isn't TikTok being banned. I couldn't care less about TikTok. The problem here is singling out an individual entity for punishment outside an established framework of laws just because we don't like it . You can be tough on China without becoming China. Nobody is suggesting that China's trade policy go unchallenged. What I do want is a policy including evidence, recourse, and the possibility of compl…

> The problem here isn't TikTok being banned. I couldn't care less about TikTok. The problem here is singling out an individual entity for punishment outside an established framework of laws just because we don't like it. You can be tough on China without becoming China. Even without talking about morality or Chinese laws, TikTok could just be banned as trade retaliation. It's very common outside of tech, if a countr…

Trade retaliation is generally executed on commodities that are already unfairly subsidized by the opposing nation. I'm thinking of disputes over tires, steel, pork, beef, corn. Banning a service company that seems to have done nothing wrong as a means of tit-for-tat retaliation is different.

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

#705
post #241

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…

Just because you don't know anyone that uses Snapchat doesn't make that an authoritative source on popularity of a company. Snap's user base has grown consistently and show's no signs of slowing down, even against increase competition in the space ( https://www.statista.com/statistics/545967/snapchat-app-dau/ ). TikTok is the "Vine replacement" since Vine was bought by Twitter and shutdown. Vine wasn't a "fad" that f…

SnapChat still isn't profitable. After these years they still haven't figured out how to best monetize their platform are are sustained by their IPO money.

Vine was absurdly popular but couldn't figure out how to monetize short-form video content. I don't see how TikTok is going to overcome these same challenges.

Even YouTube had a long and slow road to profitability. Video is hard.

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

#706
post #50

At what point do the big tech companies see the real threat of Trump and begin actively campaigning against him? Feels like they have immense power if they decided to act politically.

One can assume they already are. By virtue of having a disproportionate representation of one political party within their ranks (which they do), you can argue that a lot of their decision making (however benign/simple/small) will fall in line with that parties platform, or end up promoting that party in some way. Right now from my point of view, it absolutely looks like the big social-media companies like Youtube/Tw…

[flagged]

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

#707
post #323

I’m fine with anything that damages China. The entire western world should be grouping together to fight the Chinese state. Their behavior the last couple of decades is obscene. Right now, in 2020, China is operating Muslim concentration camps. Their factories are “employed” by de facto slave labor. The western world should universally shun China. Ban anything that originates from China or anything that contains part…

In fact, the computer you use to make posts on ycombinator could contain some components from China as well.

I understand that. It would be a short term painful switch as we completely pulled the western world out of China.

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

#708
post #654

Earlier quoted context omitted.

Cannot believe the president has the power without legal battle to ban business activity. If it's national security, let out the cat. Otherwise how could people believe if this won't happen to SAP, Volkswagon, Sony next time.

> Cannot believe the president has the power without legal battle to ban business activity. I didn't think State Governor's could ban legitimate business activity until very recently either.

If your legitimate business activity undermines public health it is no longer legitimate until the threat has passed. We fought this out in 1918 as well.

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

#709

Earlier quoted context omitted.

Again, China doesn’t officially ban Facebook or google, they won’t tell them what laws they aren’t following and anyways, China doesn’t really do rule of law. Google can’t go to a judge and say, ”hey, I want to prove I’m doing things right, see this Chinese constitution guarantees freedom of speech!” Nope, China doesn’t work like that, officials make opaque arbitrary decisions on what to allow or not.

Why are you purposely being unfaithful in your argument here? I can easily search up multiple cases where foreign companies have applied the rule of law and won in China. The rules are clear to Google and they simply chose not to follow it. They tried to follow to follow the rules with Project Dragonfly until their own employees scuttled the project, but that’s on Google. The existence of Bing proves that it’s possib…

Hey wumao, weren't you going to show me some evidence of foreign companies winning legal cases in the CCP legal system? It would be really convincing if you found some evidence of foreign companies winning against chinese companies.

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

#710
post #677

Earlier quoted context omitted.

That the company may eventually be allowed to tell us after they fact that they surrendered out data to the US government is not much of a comfort. In any case, I'm not sure that any of the protections apply to foreigners (the criticism is all about how they might accidentally target Americans) so for those who are neither Chinese nor American citizens, it makes no difference. I would be happy to be completely wrong…

> That the company may eventually be allowed to tell us after they fact that they surrendered out data to the US government is not much of a comfort. Did you read my comment? The request can be fought in court, and the request does not give them access to actual contents. For example, they can NOT get the contents of an email. Are you not aware that Apple has beaten the FBI several times in court and did not have to…

> The request can be fought in court

Only on the FISA court, a secret parallel court system.

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