4 ms·

Not like US companies would be any better. They usually just take more care of hiding it, cause you know, cause you know lawsuits.

by c0balt 5y ago

adventured 5y ago
US (and European) companies are typically a lot better about it, precisely because they fear lawsuits, they fear the consequences. China and its large companies don't fear lawsuits the way US corporations do. That's how Jack Ma was able to steal Alipay from Yahoo shareholders and laugh all the way to the bank, there were no consequences to worry about. It's why Yahoo capitulated in dealing with Alibaba as a major shareholder, they knew the end result would have been their ownership stake could just be zero'd out at any time. That's why China can arbitrarily point at Didi and tell them to delist, regardless of what it does to foreign shareholders - there's nothing to worry about, there will be no meaningful consequences. You can't get at them domestically if they don't want you to, because they're a nation that operates by the shielded, arbitrary dictate of the CCP rather than laws, and nearly everyone is afraid of their retaliation (including the richest corporations in the world like Apple). Nobody much fears the US will retaliate the way China does. That's why the EU has been pounding US tech companies with mega fines, and wouldn't dare behave that way toward China. It's why the green virtue signalers are so very scared to publicly lambast China, and they'll harangue the US and EU all day. It's why the NBA will intentionally ignore any and all atrocities of China (they're intensely terrified to utter even the slightest of negative words toward China), yet they have almost zero fear of jabbing the US 24/7 - it's because for the most part nobody is afraid of the US.
- throwaway473825 5y ago
  The Swedish bank oligopoly once illegally used Moxie Marlinespike's GPL code in their closed-source app: https://mobile.twitter.com/moxie/status/530252445725642752 https://mobile.twitter.com/moxie/status/530252445725642752 They even refused to get in touch. Why would they when they have most Swedish political parties in their pocket? And that's in one of the world's least corrupt countries.
  - gunapologist99 5y ago
    > Why would they when they have most Swedish political parties in their pocket? And that's in one of the world's least corrupt countries. Political parties in your pocket literally defines political corruption.

Not like US companies would be any better. They usually just take more care of hiding it, cause you know, cause you know lawsuits.

by c0balt 5y ago

Not like US companies would be any better. They usually just take more care of hiding it, cause you know, cause you know lawsuits.

adventured 5y ago

US (and European) companies are typically a lot better about it, precisely because they fear lawsuits, they fear the consequences. China and its large companies don't fear lawsuits the way US corporations do. That's how Jack Ma was able to steal Alipay from Yahoo shareholders and laugh all the way to the bank, there were no consequences to worry about. It's why Yahoo capitulated in dealing with Alibaba as a major shareholder, they knew the end result would have been their ownership stake could just be zero'd out at any time. That's why China can arbitrarily point at Didi and tell them to delist, regardless of what it does to foreign shareholders - there's nothing to worry about, there will be no meaningful consequences. You can't get at them domestically if they don't want you to, because they're a nation that operates by the shielded, arbitrary dictate of the CCP rather than laws, and nearly everyone is afraid of their retaliation (including the richest corporations in the world like Apple). Nobody much fears the US will retaliate the way China does. That's why the EU has been pounding US tech companies with mega fines, and wouldn't dare behave that way toward China. It's why the green virtue signalers are so very scared to publicly lambast China, and they'll harangue the US and EU all day. It's why the NBA will intentionally ignore any and all atrocities of China (they're intensely terrified to utter even the slightest of negative words toward China), yet they have almost zero fear of jabbing the US 24/7 - it's because for the most part nobody is afraid of the US.

throwaway473825 5y ago
The Swedish bank oligopoly once illegally used Moxie Marlinespike's GPL code in their closed-source app: https://mobile.twitter.com/moxie/status/530252445725642752 https://mobile.twitter.com/moxie/status/530252445725642752 They even refused to get in touch. Why would they when they have most Swedish political parties in their pocket? And that's in one of the world's least corrupt countries.
- gunapologist99 5y ago
  > Why would they when they have most Swedish political parties in their pocket? And that's in one of the world's least corrupt countries. Political parties in your pocket literally defines political corruption.