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Trump: Microsoft should pay ‘key money’ to Treasury for facilitating TikTok deal
- throwaway5752 6y agoThis should be a notice to all tech founders, who can shortly expect a massive degradation in global FCPA adherence and may expect foreign reciprocity in key markets.
- ETHisso2017 6y agoAt this point, why shouldn't Russia threaten FB with a ban unless it sells its local operations to VKontakte?
- uberman 6y agoSo essentially: "If you want to buy this thing then you must pay a kickback to the government for brokering the deal and if you don't we will use government power to ban it."
- jonny_eh 6y agoThis is what happens when a wannabe gangster is president.
- fsociety 6y agoIt’s an election move IMO. Trump can say he either: 1) Banned a spying app from the US to protect American citizens 2) Claim responsibility for acquiring this great app and keeping American citizens safe Trump is a boring person tbh..
- myrryr 6y agoOr more likely, Microsoft won't acquire it because sod that, AND they will fail to ban it.
- quantum_state 6y agoThis is outright extortion ... Shame on Trump and his administration,
- zalkota 6y agoWhy shouldn’t there be a tariff? These seems fair.
- patrickhogan1 6y agoSounds similar to when a US company buys a foreign company and the foreign government requires a minimum number of jobs kept in the foreign country to allow the deal forward. For example Germany. But calling it key money. Wow.