The video app, owned by a Chinese company, said it would let federal officials pick its U.S. operation’s board of directors, would give the government veto power over each new hire and would pay an American company that contracts with the Defense Department to monitor its source code, according to a copy of the company’s proposal. It even offered to give federal officials a kill switch that would shut the app down in the United States if they felt it remained a threat.
for people that don’t want to click futher
Holy shit, that is a sweet deal. What I think is more interesting however, is that it’s also kinda revealing that they think law works like this in the West - and also what level of control they think is acceptable for a state to have.
State control over the literally is pretty much communism 101. It’s not really surprisingly or revealing of anything given that it is a Chinese company. It’s like going to America and being surprised that they have hamburgers and McDonalds.
What I like is that the west is the one failing to stick to its own stated principles of capitalism and private property.
Tbh I’d say it’s more about the fact china doesn’t allow western companies in china to do what tiktok was doing in the us.
I mean… These terms exceed what Douyin does in China. It’s actually an insane level of concessions.
Proving this ban is not about being scared of China … it’s about killing competition for Murican companies
The free market at play
