Miscellaneous News

[iewgnem]

Please, Log in or Register to view URLs content!

英伟达违反反垄断法 市场监管总局决定依法开展进一步调查

View attachment 160773

Americans seem pretty upset about China helping them banning Nvidia exports to China

 

[iewgnem]

Please, Log in or Register to view URLs content!

View attachment 160787
The way those prices are going you think someone has already invented Kearny-Fuchida Drive

The Chinese restrictions have “devastated the ability for there to be a functioning spot market”

Sounds like China IS the spot market

 

[zbb]

Trump didn't name a US backed buyer because nobody can buy something China export controlled, Americans really struggle with this concept don't they.

The only thing they can agree on, the only thing China will allow and the only thing Americans really care about is censoring anti-Israel content for American users, which China is fine with in principle, and in practice also meaningless because all real anti-Israel content are put out by Israel itself without any self awareness.

TikTok is currently 100% owned by ByteDance, but about

Please, Log in or Register to view URLs content!

is owned by "global" (i.e. American) VC and investment firms such as Susquehanna International Group, General Atlantic, BlackRock, etc.

I think one way an acceptable deal can be structured is as some type of share swap between shares of ByteDance and shares of TikTok, with American investors acquiring direct ownership shares of Tiktok in exchange for reducing their ownership shares in either ByteDance or the Chinese Douyin subsidiary of ByteDance.

 

[iewgnem]

TikTok is currently 100% owned by ByteDance, but about

Please, Log in or Register to view URLs content!

is owned by "global" (i.e. American) VC and investment firms such as Susquehanna International Group, General Atlantic, BlackRock, etc.

I think one way an acceptable deal can be structured is as some type of share swap between shares of ByteDance and shares of TikTok, with American investors acquiring direct ownership shares of Tiktok in exchange for reducing their ownership shares in either ByteDance or the Chinese Douyin subsidiary of ByteDance.

I mean, if US want to give ByteDance money in addition to giving up that's their choice.
At end of the day China already said export control rules will always apply, so everything else is just Trump looking for a face saving way out.

 

[zbb]

I mean, if US want to give ByteDance money in addition to giving up that's their choice.
At end of the day China already said export control rules will always apply, so everything else is just Trump looking for a face saving way out.

Yep, it's all about face saving for Trump and the US.

Trump previously mentioned that he wants to turn Tiktok into a joint venture with 50% American ownership, which is of course silly as Americans already own 60% of ByteDance.

This is also why China didn't care about US threats of banning/seizing Tiktok's US operations on national security grounds because if that happened China would have justification to confiscate all shares of ByteDance owned by Americans on similar national security grounds. Since 80% of ByteDance revenue comes from China and only 8% comes from the US, that would have been a great exchange for China.

BTW, Susquehanna International Group, one of the largest shareholders in ByteDance, is owned by Jeff Yass, one of Trump's biggest political donors.

 

[tamsen_ikard]

Yep, it's all about face saving for Trump and the US.

Trump previously mentioned that he wants to turn Tiktok into a joint venture with 50% American ownership, which is of course silly as Americans already own 60% of ByteDance.

This is also why China didn't care about US threats of banning/seizing Tiktok's US operations on national security grounds because if that happened China would have justification to confiscate all shares of ByteDance owned by Americans on similar national security grounds. Since 80% of ByteDance revenue comes from China and only 8% comes from the US, that would have been a great exchange for China.

I don't think US investor owning shares of a Chinese company (subject to Chinese rules) is the same as a Chinese company selling its US operations including algorithm, data, user base to a US entity subject to US laws.

I don't think China cares if entirety of bytedance is owned by US investors since the company will still be based in China and all its employee base will be in China.

But bytedance selling its US operations entirely is a different thing.

 

[zbb]

I don't think US investor owning shares of a Chinese company (subject to Chinese rules) is the same as a Chinese company selling its US operations including algorithm, data, user base to a US entity subject to US laws.

I don't think China cares if entirety of bytedance is owned by US investors since the company will still be based in China and all its employee base will be in China.

But bytedance selling its US operations entirely is a different thing.

Both Tiktok and its parent ByteDance are incorporated in the Cayman Islands, so neither are Chinese entities to start with (but ByteDance's Chinese subsidiary Douyin is a Chinese entity). Tiktok is headquartered in Los Angeles and Singapore and its US operations are already subject to US laws.

 

[Wrought]

A paper examining the efficacy of export controls in a historical context, w.r.t. CoCom and the Soviet Union. Long story short, it didn't work.

Please, Log in or Register to view URLs content!

 

[gelgoog]

You know the joke about why the Soviet Union was 5 years behind in technology to the West? Because Soviet government plans were made once every 5 years.

 

[iewgnem]

A paper examining the efficacy of export controls in a historical context, w.r.t. CoCom and the Soviet Union. Long story short, it didn't work.

Please, Log in or Register to view URLs content!

It's always funny when Americans try to model China as Soviet Union when they themselves are in Soviet Union's position right now.