I don't know how much can be inferred from that VS brinkmanship. The louder and longer you protest that you are happy to pack up and leave, the higher the price to get you to stay.
ByteDance, would retain a stake in the company, but data collection and software updates would be overseen by Oracle
A reasonable JV arrangement (like what PRC offers US platforms) - Trump wants TikTok US to be 50% US owned. 50% US owned =/= 0% PRC owned, which was what Biden and other PRC hawks previously wanted - to basically denationalize a PRC company from PRC.
Which frankly was retarded tier hubris that only US lawmakers makers high on American exceptionalism can make, and delulu Americans think is reasonable. That was never going to fly geopolitically because PRC would never let US normalize that kind of leverage - it's not about relinquishing control. PRC perfectly happy for US to censor the shit out of US TikTok because it only validates their internet model.
Trump as bad as business man as he is just made a not utterly stupid deal. US gets 50% with golden shares to turn TikTok into domestic US propaganda machine like other US platforms (same deal PRC offers to western platforms), PRC/Douyin gets whatever they currnetly have - it's still going to be fundamentally a PRC run company with local US office doing the filtering (censorship) and day to day in US market, despite eventual US propaganda that TikTok got "sold" to US - it's just under US version of PRC JV arrangement.
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A few weeks ago China would rather shut it down than relinquish control. I wonder what they are being offered now to change their minds?
That's what I meant when I said 'Americans see Chinese as NPCs'
Chinese gov only forbidden ByteDance to export(sell) its algorithm, and pressure it due to nationalism
You guys say this like ByteDance is a department of CPC, it's not work like this
And, sincerely, Americans do need to think about what changed that made TikTok no longer a 'national security threat' now
12h ealier, it's a national security threat with votes by Democrats and Republicans, 12h later, it's just fine.
what changed?
They added a lot of censorship because there was too much wrong think happening there.
I don't know how much can be inferred from that VS brinkmanship. The louder and longer you protest that you are happy to pack up and leave, the higher the price to get you to stay.
A reasonable JV arrangement (like what PRC offers US platforms) - Trump wants TikTok US to be 50% US owned. 50% US owned =/= 0% PRC owned, which was what Biden and other PRC hawks previously wanted - to basically denationalize a PRC company from PRC.
Which frankly was retarded tier hubris that only US lawmakers makers high on American exceptionalism can make, and delulu Americans think is reasonable. That was never going to fly geopolitically because PRC would never let US normalize that kind of leverage - it's not about relinquishing control. PRC perfectly happy for US to censor the shit out of US TikTok because it only validates their internet model.
Trump as bad as business man as he is just made a not utterly stupid deal. US gets 50% with golden shares to turn TikTok into domestic US propaganda machine like other US platforms (same deal PRC offers to western platforms), PRC/Douyin gets whatever they currnetly have - it's still going to be fundamentally a PRC run company with local US office doing the filtering (censorship) and day to day in US market, despite eventual US propaganda that TikTok got "sold" to US - it's just under US version of PRC JV arrangement.
Yes and the US knew that. The goal was to ban TikTok.