An updated export rule from China could allow the country to complicate TikTok's sale in the U.S., according to multiple media reports.
China updated its export control rules to incorporate technology that could include TikTok, a claim that was later reasserted by commentary published in China's Xinhua news agency on Saturday. CNBC reported Thursday that TikTok would announce the sale of its U.S., Canadian, Australian and New Zealand operations in the coming days in a deal worth $20 billion to $30 billion.
The TikTok app icon sits displayed on a smartphone in front the national flags of China and the U.S. in this arranged photograph in London, U.K., on Monday, Aug. 3, 2020.An updated export rule from China could jeopardize the sale of TikTok's U.S. operations, according to reports published Saturday in
Who cares?
TikTok should prepare an easy way to let American users to transfer their accounts to TikTok international and close business TikTok US. Trump is kicked out of White House soon anyway
Well done
Nice
If bytedance can earn billion from the US, the company itself will be a threat to CCP regime and its ceo will be in jail.
CCP loves to lose at poker... They're holding deuces again. No deal... No problem.
Msft should make an offer to Triller. Then they have a built in assimilation team when they buy the code from TikTok. You won’t need the tech transfer.
The 🇨🇳 CCP just found a smart new business model selling garbage apps to the USA 🤩
Everyone realizes that China has banned Facebook, Twitter and YouTube for a decade now right?
ByteDance should let the bidding start at $50 billion and give the Chinese government a healthy cut of the final sale. There's plenty of deep pockets out there. 🤑
China blocks the sale. The US blocks the app in the country. And a Chinese company loses out on a $30 billion sale of its US operations. The best possible outcome.
God damn Chinese Government
Man I’m getting tired of China fucking with my money
They are doing the same Trump is doing. Can’t blame them, can you?
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Walmart wants to go viral with TikTok, Wall Street thinks it canWall Street was swift to see the rationale behind Walmart Inc jumping into the fray to buy TikTok - access to millions of young, digitally savvy users who could help the 60-year-old company boost its online sales. While Tiktok May have started as a Gen Z Song-dance video app. Today it’s as much a DIY-LIVE NEWS-Demo How to and an experiential Medium w excellent Product placement to Instant click to buy Sales. I am surprised $ETSY $PINS hasn’t jumped in. $MSFT $WMT jimcramer And poisons the media, just like “TheirTube.”
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New China Export Rule Could Jeopardize TikTok U.S. SaleThe Chinese commerce ministry order restricts the overseas sale of AI technology used for content recommendation. You trying to trash my MSFT calls? Knew I shouldn't have bought those WMT calls just before Friday's close Aryan_831 Tiktok will be forced to a sell off reguardless. Terrible app in terms of privacy.
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ByteDance: TikTok data safe from China because it's stored in US - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Business insider protecting their clients, nice try
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China test fires so-called 'carrier killer' missiles into South China SeaChina launched a series of ballistic missiles into the South China Sea this week, according to US defense officials, part of a flurry of military exercises extending thousands of miles along the country's coastline I really don’t care about China’s military activities. Gosh CNN Meanwhile, more than a BILLION of their people are starving to death. Gotta love Communism. War Mongering CNN back on the grind. The Industrial Military complex that keeps the lights on approves this message.
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TikTok booms in Southeast Asia as it picks path through political minefieldsAt 19, Sandy Saputra is big on TikTok Indonesia. Within a year, he's leapt from quiet, small-town life to star influencer status as more than 10.5 million followers lap up his toothy grin in dancing, pranking and lip-synching videos on the booming app. Hock your Chinese Crap elsewhere Reuters! I guess Southeast Asia doesn't mind being spied on by the CCP
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Breakingviews - TikTok starts to attract a FOMO premium(Reuters Breakingviews) - When a slow-growth company like Walmart starts talking about going “omnichannel” by splurging on a hot new technology, it’s time to worry. The retail behemoth confirmed on Thursday that it’s teaming up with Microsoft to make an offer for the U.S. business of video app TikTok, whose Chinese owner ByteDance is being compelled to sell by the White House. Like rival bidder Oracle, Walmart is out of its lane. But it’s not for sale. ?
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