Miscellaneous News

Temstar said:

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Has been there any other source to confirm this? CTI interviewed an ex-TSMC Arizona employee who said since Trump's election win US has started to send their Taiwanese working at TSMC Arizona back to Taiwan.

If true it would be an interest case to see just how much difference Taiwanese vs American engineers make. Could be another gift from Comrade 川建国

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50% of TSMC's Arizona employees are from Taiwan, despite recent controversies — company plans to hire more US workers over time​

GulfLander said:

Maybe they revived tiktok, bcoz, they felt they wont be able to regulate its global ops if tiktok US is gone.. will tiktok give in? Or just leave US?

"The Trump administration is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's global operations, according to two people with direct knowledge of the talks."

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Wasnt Microsoft, once upon a time, allegedly, wanted to buy tiktok? But was rejected? Also $200M to selll the global ops?

https://twitter.com/i/web/status/1883341721007972420

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The Trump administration is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's global operations, according to two people with direct knowledge of the talks.

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Under the deal now being negotiated by the White House, TikTok's China-based owner ByteDance would retain a minority stake in the company, but the app's algorithm, data collection and software updates will be overseen by Oracle, which already provides the foundation of TikTok's web infrastructure.
That would effectively mean American investors would own a majority stake in TikTok, but the terms of the deal could change and are still being hammered out.

"The goal is for Oracle to effectively monitor and provide oversight with what is going on with TikTok," said the person directly involved in the talks, who was not authorized to speak publicly about the deliberations. "ByteDance wouldn't completely go away, but it would minimize Chinese ownership."

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Chinese regulators, who have for years opposed the selling of TikTok, recently signaled that they would not stand in the way of a TikTok ownership change, saying acquisitions "should be independently decided by the enterprises and based on market principles." The statement, at first, does not seem to say much, but negotiators in the White House believe it indicates that Beijing is not planning to block a deal that gives American investors a majority-stake position in the company.

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China experts have said Beijing may be interested in approving a TikTok sale as a negotiating tactic to try to win tariff relief in the White House.

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