Trump has declared that he’ll ban Tiktok over privacy concerns!!!

[Juggy777]

^ Just this news in my locale language where they mentioned that Trump is not happy with the majority of company is still owned by the Bytedance company.

Another Chinese company called Tencent is not moving their head office to Singapore since India banned Pubg and also they concern about USA as next to ban so they are taking actions early to save them from huge losses.

Yeah I highly doubt PUBG (and TenCent holdings as a whole) is suspect to getting knocked down for some stuff. TikTok is big and a data hog of American citizens. Pubg is really not the same IMO.

They best thing they can do, proactively, is to try to partner with American companies for retaining their data. This could be something that is more beneficial for these people if it's cheaper to host their data with someone like Amazon (and Microsoftr) instead of self hosted or another foreign competitor.

But this story about Trump and TikTok changes all the time, seems like Trump is now saying that he has agreed to the deal between TikTok, Oracle and Walmart. But with how the news works, things could change as quickly as tomorrow (or the next few hours, lol)

@squatz1 you’re right because this deal may yet fall through because even after Trump’s approval, now Tiktok needs the approval of China to proceed ahead. Secondly when Trump passed the ordinance to have Tiktok banned he wanted an outright sale of Tiktok, but in current deal Tiktok parent company yet holds the majority share. Lastly the only plus point from this deal for Trump is that Tiktok will create a 5 billion education fund, and will further help to generate over 25k Jobs in US, but this is once again subject to the approval of China.

Well, he appears now to be satisfied that the security arrangements proposed. But it's more complex than that. The deal also proposes a $5bn education fund - and will reportedly create 25,000 US jobs.
This is not a done deal though, the Chinese government still has to approve it - and there's no guarantee that will happen.

Read here:

https://www.bbc.com/news/world-us-canada-54221897

[UmerIdrees]

^ Just this news in my locale language where they mentioned that Trump is not happy with the majority of company is still owned by the Bytedance company.

Another Chinese company called Tencent is not moving their head office to Singapore since India banned Pubg and also they concern about USA as next to ban so they are taking actions early to save them from huge losses.

Yeah I highly doubt PUBG (and TenCent holdings as a whole) is suspect to getting knocked down for some stuff. TikTok is big and a data hog of American citizens. Pubg is really not the same IMO.

They best thing they can do, proactively, is to try to partner with American companies for retaining their data. This could be something that is more beneficial for these people if it's cheaper to host their data with someone like Amazon (and Microsoftr) instead of self hosted or another foreign competitor.

But this story about Trump and TikTok changes all the time, seems like Trump is now saying that he has agreed to the deal between TikTok, Oracle and Walmart. But with how the news works, things could change as quickly as tomorrow (or the next few hours, lol)

Tiktok and other companies wont change their terms of services anytime soon. As far as privacy is concerned, then there is no privacy anywhere. Whatever you search on the google can be tracked and traced too so why they are furious if app like tiktok also collects the private data.

[Vilagra]

^ Just this news in my locale language where they mentioned that Trump is not happy with the majority of company is still owned by the Bytedance company.

Another Chinese company called Tencent is not moving their head office to Singapore since India banned Pubg and also they concern about USA as next to ban so they are taking actions early to save them from huge losses.

Yeah I highly doubt PUBG (and TenCent holdings as a whole) is suspect to getting knocked down for some stuff. TikTok is big and a data hog of American citizens. Pubg is really not the same IMO.

They best thing they can do, proactively, is to try to partner with American companies for retaining their data. This could be something that is more beneficial for these people if it's cheaper to host their data with someone like Amazon (and Microsoftr) instead of self hosted or another foreign competitor.

But this story about Trump and TikTok changes all the time, seems like Trump is now saying that he has agreed to the deal between TikTok, Oracle and Walmart. But with how the news works, things could change as quickly as tomorrow (or the next few hours, lol)

Tiktok and other companies wont change their terms of services anytime soon. As far as privacy is concerned, then there is no privacy anywhere. Whatever you search on the google can be tracked and traced too so why they are furious if app like tiktok also collects the private data.

Totally agree! If you care about privacy, throw your mobile gadget away.

[akram143]

^ Just this news in my locale language where they mentioned that Trump is not happy with the majority of company is still owned by the Bytedance company.

Another Chinese company called Tencent is not moving their head office to Singapore since India banned Pubg and also they concern about USA as next to ban so they are taking actions early to save them from huge losses.

Yeah I highly doubt PUBG (and TenCent holdings as a whole) is suspect to getting knocked down for some stuff. TikTok is big and a data hog of American citizens. Pubg is really not the same IMO.

They best thing they can do, proactively, is to try to partner with American companies for retaining their data. This could be something that is more beneficial for these people if it's cheaper to host their data with someone like Amazon (and Microsoftr) instead of self hosted or another foreign competitor.

But this story about Trump and TikTok changes all the time, seems like Trump is now saying that he has agreed to the deal between TikTok, Oracle and Walmart. But with how the news works, things could change as quickly as tomorrow (or the next few hours, lol)

Tencent just holds 11% of total shares but still got banned by Indian government just for the reason of Chinese based company and if Trump got successful with Tiktok then I believe he is going to apply the same strategy to every Chinese working app in USA for sure.

[squatz1]

Tiktok and other companies wont change their terms of services anytime soon. As far as privacy is concerned, then there is no privacy anywhere. Whatever you search on the google can be tracked and traced too so why they are furious if app like tiktok also collects the private data.

Well obviously they're not going to change the way they collect data, they're currently making TONS of money off of it. The problem that US politicians are having (especially Trump) with TikTok is that they don't want a Chinese company to get a leg up in American markets. No one wants the Chinese government (and their companies, which are directly intertwined with the Chinese government) to have data on hundreds of millions of Americans which China could leverage at a certain point against the US.

Do American companies have data on Americans? Yes, totally. But those companies are beholden to the US, US oversight and their regulations.

[squatz1]

Kinda gravedigging here but I don't really see a need to start another thread about TikTok.

Trump administration hasn't said anything regarding the TikTok ban without much time left for the ban to actually go into effect. Seems like we're going to see the ban go into effect at midnight on the 13th, which is only around 12 hours away at this point (EST- DC) The 12AM deadline is one of the original deadlines, so no one really knows where we're at with that.

At this point Trump really has no reason not to do this. He'll probably like the attention from banning this and putting pressure on the Chinese regime. Trump is thought to want to built out his own digital media empire as he has many millions of supporters who would love to be apart of it.

https://www.axios.com/tiktok-ban-deadline-60a78e47-d937-4e64-85d3-b4b3d2e02d9d.html

[Juggy777]

Kinda gravedigging here but I don't really see a need to start another thread about TikTok.

Trump administration hasn't said anything regarding the TikTok ban without much time left for the ban to actually go into effect. Seems like we're going to see the ban go into effect at midnight on the 13th, which is only around 12 hours away at this point (EST- DC) The 12AM deadline is one of the original deadlines, so no one really knows where we're at with that.

At this point Trump really has no reason not to do this. He'll probably like the attention from banning this and putting pressure on the Chinese regime. Trump is thought to want to built out his own digital media empire as he has many millions of supporters who would love to be apart of it.

https://www.axios.com/tiktok-ban-deadline-60a78e47-d937-4e64-85d3-b4b3d2e02d9d.html

@squatz1 TikTok has got the dates extended thanks to the US Judge, and now the new dates are December 14th and December 28th for both sides (TikTok and Trump team) to file relevant documents. Lastly at this stage no one really knows whether TikTok will survive or no, because Biden too has expressed genuine concern about TikTok, and he’ll be having a say on this matter in January 2021 when he’s officially elected to the White House.

Sources:

https://www.aljazeera.com/economy/2020/11/12/keep-dancing-us-issues-stay-in-trump-tiktok-battle

https://inews.co.uk/us-election-2020/joe-biden-inauguation-day-2021-takes-office-us-president-election-result-2020-donald-trump-751617

https://www.reuters.com/article/us-usa-tiktok-ban-biden/biden-says-he-sees-tiktok-as-a-matter-of-genuine-concern-idUSKBN26938G