FILE PHOTO: The Microsoft logo is pictured ahead of the Mobile World Congress in Barcelona, Spain February 24, 2019. REUTERS/Sergio Perez
China’s new rules around tech exports mean ByteDance’s sale of TikTok U.S. operations could need approval from Beijing, a Chinese trade expert told state media on Sunday, a requirement that would complicate the forced and politically charged divestment.All three pared some of the losses after CNBC reported earlier in the day, giving no details of its sources, that a TikTok deal could be announced as early as Tuesday.
China, however, late on Friday revised a list of technologies banned or restricted for export for the first time in 12 years. Cui Fan, a professor of international trade at the University of International Business and Economics in Beijing, said the changes would apply to TikTok.
RECAP: 1. Thousands of Tiktok teenagers play a joke by registering for a trump rally and misled them to believe that much more people planned on attending, and left trump feeling embarrassed when only few people showed up.
2. Trump exacts his revenge on the teenagers by banning TikTok under the pretense that the app has 'security' violations, and requires that a US company must own it.
3. US companies greedily ring their hands and fight over who will buy it. But now China states that they will restrict the app over their own 'security' concerns. Coining the maneuver name 'Tiktok Tit for Tat'.
Well these apps should be band on the of reciprocity....in China: WhatsApp = banned, viber = banned, google = banned, facebook = banned, Messenger = banned All non chinese social media apps = banned....sorry China, reciprocity is what you need to understand, feel and expect
the company monitored the user provided contents, and do some machine learning work for some secretly purposes, then the model specification can not be exported to the country where people provided those contents. ban all the compines who monitored foreign contens
Hardly surprising that US businesses have finally realised they're under threat from their own so-called President. Trump has been beaten failing to bring down 'foreigners' so now he's threatening a far easier target: home-grown. Been going on some time, but now out in the open
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