[Global Times comprehensive report] after the initial threat of “banning tiktok”, the ugly action of the United States to buy tiktok is slowly unfolding. Microsoft said in a statement on August 2 that after consulting with President trump, it decided to continue to promote the acquisition of tiktok, “in any case, the negotiation should be completed before September 15”, and the transaction also involved tiktok’s business in Canada, Australia and New Zealand. In addition, U.S. Secretary of state pompeio again threatened on Sunday that trump would take action “in the next few days” against Chinese software companies that he believed “pose a national security risk to the United States,” and named tiktok and wechat (wechat). The U.S. government has joined forces with business giants to intimidate and force Chinese high-tech companies to attract international attention. German news television pointed out on the 3rd that the tiktok incident is another symbol of American economic power. Companies in Germany, France and many other European countries have also been investigated by the United States. Russian media and scholars suggest that Russia follow the “experience” of the United States and ban American social media operating in Russia. China’s Foreign Ministry spokesman Wang Wenbin said on the 3rd that the United States has generalized the concept of national security, making a “presumption of guilt” and threatening the relevant enterprises without any evidence. This violates the principle of market economy, exposes the hypocrisy and typical double standards of the United States in safeguarding fairness and freedom, and also violates the WTO principles of openness, transparency and non discrimination This is firmly opposed.
Negotiation period: 45 days
“Over the past few months, the company has faced a lot of challenges. Under the current circumstances, tiktok’s U.S. business faces the possibility of being forced to sell by CFIUS (US Foreign Investment Commission) or the ban of tiktok products in the United States due to an executive order. ” At noon on August 3, a letter sent by Zhang Yiming, founder of byte skipping company, to all employees of the company caused media attention. The letter recalled tiktok’s experience in the United States in the past year, saying that although the company repeatedly stressed that it was a private enterprise and was willing to adopt more technical solutions to address the US concerns, it was still deemed necessary to sell tiktok’s US business. Zhang Yiming said in his letter that he would “not give up exploring any possibility” and disclosed that he was “trying to have a preliminary discussion with a technology company about the cooperation plan”, but did not name the names, the news agency said on the 3rd. Tiktok’s US business “has not yet fully decided on the final solution,” he said.
Microsoft has publicly confirmed its willingness to buy tiktok. Microsoft said in a statement on the 2nd that its chief executive, NADELLA, will be committed to acquiring the U.S. business of tiktok, a Chinese video sharing app, on terms required by the White House. “Microsoft will move quickly in a few weeks to start negotiations with byte hop, the parent company of tiktok, and in any case by September 15.” The Wall Street Journal said it was the first time Microsoft had confirmed its intention to acquire tiktok’s U.S. business. The deal also involves tiktok’s services in Canada, Australia and New Zealand, which could offer other U.S. investors the opportunity to buy a minority stake in tiktok, the statement said. “These discussions are preliminary and there is no guarantee that the deal will continue.” The talks with Microsoft will be supervised by CFIUS, Reuters said.
“The deadline has been set, Microsoft and byte jitter still need to talk about the price,” a person familiar with the matter was quoted as saying by the White House on September 15. But Microsoft and byte jump have yet to reach a consensus on most of the deal, including the acquisition price, terms, payment terms, any technology sharing or asset transfer. “Negotiations may become very complicated,” the report said. On the one hand, byte hopping investors hope Microsoft will pay a lot of money for this popular application; on the other hand, due to the time constraint, Microsoft regards itself as tiktok’s “White Knight”, and the trump administration may get a foot in the negotiation process at any time. Reuters said on the 3rd that Microsoft may have an advantage in pricing negotiations because of the pressure from the us to force the sale of tiktok.
Reuters said it was unclear how much Microsoft could pay for tiktok. Byte hopping is expected to value tiktok at more than $50 billion. According to the BBC, tiktok’s US business is worth between $15 billion and $30 billion. According to the report, a key issue in the negotiations is to separate tiktok’s technology from byte skipping infrastructure and access rights to ease U.S. concerns about personal data integrity. At present, TikTok is based on the same code as the tiktok of the byte beating. One of the sources said that one way under consideration is to give Microsoft and byte skipping a transition period to develop tiktok technology completely separate from byte skipping.
The prospect of acquiring tiktok clearly benefits Microsoft. The New York Times said the deal is a boon for Microsoft, which will compete directly with social media giants such as twitter and Facebook, which are competing for user attention and billions of dollars in digital advertising revenue. Microsoft will get the “crown jewel” of social media if the acquisition is successful, CNN quoted analyst aives as saying, while Facebook and Google’s parent company alphabet are facing regulatory scrutiny, making it difficult for them to consider buying tiktok.
The act of beauty “is tantamount to usurping by chance”
“The U.S. crackdown on tiktok reflects its rejection of China’s rise as a big scientific and technological power. It can only be understood as a struggle between the United States and China for the dominance of science and technology,” the US CNBC website reported on the 3rd. In response to what the U.S. government calls “national security risks,” Adam Siegel, director of the digital and cyberspace policy program at the Council on foreign relations, a us think tank, told CNBC on Monday: “in my opinion, there is no significant security risk at this time.” “There’s no obvious national security risk for a group of 15 year olds.” “The risk of publicity and influence may be high, but the bigger context is that the trump administration wants to curb China’s rise as a technological competitor to the United States,” he said
Tiktok has a large number of users around the world, and the hunting operation in the United States has aroused heated discussion. Egypt’s “news” said that the convenient and interesting tiktok further developed during the outbreak, with a global download volume of 2.5 billion times. “Mideast online” news network wrote an article on the 3rd that it is a pity that such a rapidly developing and promising tiktok will be bought by American companies. Behind this is the result of political pressure. Because the US government does not like tiktok, it blocks and blocks tiktok like Huawei. “Business has become a victim of politics. It’s a pity!” According to the article, the current practice of the United States is tantamount to extorting and forcibly buying and selling by force, which is totally beyond the limits of normal commercial behavior itself.
Global Times reporters observed that German media generally sympathized with tiktok’s suppression by the United States, and many people questioned Trump’s decision. “Trump missed the opportunity,” Germany’s “business daily” commented on the 3rd that the United States has ample reason to study tiktok, the first Chinese app to exert influence in the West and the first social network to challenge Facebook. Trump could have made tiktok an example of American transparency, but he seems to have given up the opportunity. Trump’s push to ban tiktok is easy to understand as populism.
“A symbol of American economic power,” German news television said of the tiktok incident on the 3rd. In fact, companies in Germany, France and many other large European economies have been investigated by the United States, including Siemens, Deutsche Bank and Volkswagen, the report said. Most European companies settle with compromises and huge fines. However, in recent years, the EU has also increased its countervailing forces, including investigating American technology giants and establishing a counter mechanism.
According to the picati post of France, the threat posed by the United States to tiktok is the latest scene of confrontation and competition between the two major powers in the world. Now, unlike the number of nuclear warheads compared with that in the cold war, the United States is trying to force China into a subordinate state by means of technological monopoly. “This country was once underdeveloped, but now it has a strong technical force.”.
Russian media call for “learn from American experience”
The forced sale of tiktok has not satisfied the US government, which continues to threaten more Chinese software companies. In an interview with Fox News Program on the 2nd, U.S. Secretary of state pompeio talked about the “security risks” of Chinese enterprise applications, saying that “numerous Chinese companies operating in the United States, such as tiktok and wechat, may directly hand over the data to the Communist Party of China”. Trump will take action on the “series of national security risks” brought by these software in the next few days.
Foreign Ministry spokesman Wang Wenbin said on the 3rd that we call on some people in the United States to listen carefully to the voice of the international community, to provide an open, fair, just and non discriminatory business environment for market entities of various countries to invest and operate in the United States, stop politicizing economic and trade issues, and stop abusing the concept of national security to pursue discriminatory and exclusive policies.
“Tiktok ban? Nine creators of tiktok published an open letter to trump on Sunday, saying that “tiktok has achieved the interaction between Facebook and instagram platform that has never happened.” they suggested that tiktok should be allowed to divest its U.S. business and “let capitalism solve this problem, not the state.”.
Russian media are also paying attention to the US crackdown on tiktok. Today, Russia said on the 2nd that the ban on tiktok would be a symbol of the end of the so-called “Internet freedom” in the United States. In order to strengthen its anti China line, the US government has ignored the so-called “defense of basic democracy and freedom” concept.
The Russian news agency published an article entitled “trump forbids tiktok, sending a signal to Russia” on the 2nd, saying that tiktok has not violated any US laws, but it has become the target of the US government’s ban because it belongs to a Chinese company and is welcomed. At the same time, the U.S. Microsoft immediately launched acquisition negotiations, “this is very similar to the business style of Chicago and New York Mafia – naked threat.”. According to the article, take a look at the performance of American social networks in Russia. They are publicly used by the U.S. government for anti Russian political propaganda, interfering in Russia’s internal affairs, and shamelessly censoring content that is not in the interests of the US side. “Russia should also learn from the experience of the United States and prohibit some American social networks from operating in Russia on the ground of national security.”
[special correspondent of global times in Germany, Egypt and Japan: Aoki Huang Peizhao, sun Xiuping, Liu Yupeng, Tao Jianfang]