Deal on. Deal off. Trump hardens the US position.
China won't approve of any deal that cedes the tech or mugs ByteDance anyway (See below). The Chinese are supersensitive to what they perceive as humiliation.
So the US coalition would have to buy just the shell to get control. That would mean immediately replacing the software.
Let's see who blinks. I don't think it will be the Chinese government ("CCP"), which would be OK with TikTok being shut down in the US.
Sputnik International
Trump: Oracle, Walmart Will Have Total Control of TikTok or US Won't Approve Deal
also
Beijing Reportedly Plans To Kill Oracle-TikTok Deal
Tyler rdenDu
Common children, share the sandbox. I want my TikTok.
ReplyDeleteWell after getting the last 20 predictions right
ReplyDeleteHere are the next 3
Let's see what happens with these ones.
1.U.S. Dollar: DXY Has Bottomed; Support From U.S. Capital Account Initiates A Bull Run Which May Last Until Q2 2021
2. A Strong Q3 2020 GDP Data Will Drive The Next Rally In Bond Yields And Risk Assets Until Late Q1 2021
3. The Fed's New, Looser Policy On Inflation: It Will Steepen The Yield Curves, With The Back End Rising The Most
https://seekingalpha.com/author/robert-p-balan#regular_articles