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TikTok and Microsoft’s Clock

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Re: TikTok and Microsoft’s Clock

#3
Where is EU in this embarrassment?

Suppose Margrethe Vestager called and said TikTok, you are banned unless you let a "very european" company take over your business? And by the way. We would like a cut.

And would the US still being able to say "national security" if it was fully owned by German business running on servers in some Swiss mountain?

Re: TikTok and Microsoft’s Clock

#4
"Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury." => So US Treasury will give MS money to buy TikTok (US market only)? And they have limited time to make this deal? So US Treasury will effectivelly own the US TikTok... and NSA will record every move on it and process it with BigData...

Re: TikTok and Microsoft’s Clock

#5
post #3

Where is EU in this embarrassment? Suppose Margrethe Vestager called and said TikTok, you are banned unless you let a "very european" company take over your business? And by the way. We would like a cut. And would the US still being able to say "national security" if it was fully owned by German business running on servers in some Swiss mountain?

Trump is signaling that Microsoft is his lackey and Microsoft is signaling in the affirmative. That cloud business from the Defense department sure is lucrative.

Re: TikTok and Microsoft’s Clock

#6
post #4

"Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury." => So US Treasury will give MS money to buy TikTok (US market only)? And they have limited time to make this deal? So US Treasury will effectivelly own the US Tik…

I read "providing proper economic benefits to the United States, including the United States Treasury" as just meaning Microsoft will make money (and hence pay tax) on this. Am I being naive?

Re: TikTok and Microsoft’s Clock

#8
post #5
post #3

Where is EU in this embarrassment? Suppose Margrethe Vestager called and said TikTok, you are banned unless you let a "very european" company take over your business? And by the way. We would like a cut. And would the US still being able to say "national security" if it was fully owned by German business running on servers in some Swiss mountain?

Trump is signaling that Microsoft is his lackey and Microsoft is signaling in the affirmative. That cloud business from the Defense department sure is lucrative.

Something like that.

Plus remember when Zoom was a national security threat? You know with that Chinese guy in charge, the Chinese servers, the censoring on behalf of the CCP ...

Funny how that all disappeared when Zoom got in bed with Oracle.

Re: TikTok and Microsoft’s Clock

#9
post #3

Where is EU in this embarrassment? Suppose Margrethe Vestager called and said TikTok, you are banned unless you let a "very european" company take over your business? And by the way. We would like a cut. And would the US still being able to say "national security" if it was fully owned by German business running on servers in some Swiss mountain?

The US has seen a slow but sure move towards executive power for a long time now. Congress has passed multiple laws to allow to give the president extra powers under certain conditions repeatedly. Meanwhile, presidents have been taking these powers and using them to do policy work that really should be done by congress. This is why DACA was such a mess, why we've got national emergencies dating back 30 years for the war on drugs[1]. Essentially yes, they can assert that anything is national security, and whilst countries might try appealing to the WTO or such, it's really ineffective.

[1]: https://en.wikipedia.org/wiki/List_of_national_emergencies_i...

Re: TikTok and Microsoft’s Clock

#10
TikTok is designed to be a separate firm somehow. Quite different from the arms of wechat, ... partially due to the censorship of china. But it also showed the fundamental problem. None of the media social or not get into china. Not even diplomat. But China earn the other way round. The unbalance is unimportant when USA feel safe. But when USA not the one way street is a bit of shock. How to handle this ...

For this case more important is us investor. Hence the strange deal. Otherwise it would outright blocked like india.

The missng of Uk or non-chinese world is strange though.

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