2 ms·
PRC veto = no algo transfer = bytedance/tiktok US can't be "sold" / total divestiture. New "sale" basically US conceded to PRC JV model, i.e. US companies opera
by maxglute 9mo ago
PRC veto = no algo transfer = bytedance/tiktok US can't be "sold" / total divestiture. New "sale" basically US conceded to PRC JV model, i.e. US companies operating in PRC has local data warehousing requirements, company gets to keep algo and ip, country gets technical custody over data. That's basically extend of thumb on skills PRC had to apply, they're fine with sovereign cloud etc, they weren't with forced divestiture (trying to coerce entire PRC company to flip).