Re:TikTok CEO Kevin Mayer to leave the company
by kube-system on Thursday August 27, 2020 @11:09AM
(#24294431)
> Bytedance is incorporated in the Cayman Island, its not a Chinese company. It has a subsidiary in Hong Kong that operates the Chinese business.
The location of incorporation bears no relevance on the control on the people and property within the physical jurisdiction of a country. Bytedance's physical headquarters is in Beijing.
> Bytedance's CEO is Zhang yiming, is a Chinese national. And its board has one Chinese national and three non-Chinese nationals. It's owned by a number of international investors, these investors likely have a say in the company as well. These people would not have built a company with Chinese government DNA. Zhang yiming himself has criticized the government in the past. Although he has toed with Chinese government lines in China because he has to. But he personally admires the US and its political culture. The management is also saying they are moving HQ to other countries. I think given the management's mindset, they really want to deal as little with the Chinese government as possible
Then it should be clear how much power the CCP has over them, when he says things like this:
> in April 2018 the government compelled ByteDance to shut down its popular “Neihan Duanzi” (“inside jokes”) app for good due to its “vulgar” content. In response, Zhang issued a letter of self-criticism where he said, “Our product took the wrong path, and content appeared that was incommensurate with socialist core values.” He also promised that the firm would in the future “Further deepen cooperation with authoritative [official party] media, elevating distribution of authoritative media content, ensuring that authoritative [official party] media voices are broadcast to strength.” [0]
Bear in mind here, I am simply listing reasons why the US government would be marginally concerned about ByteDance in comparison to domestic social media, not defending the mechanisms by which this current administration is handling things.
The location of incorporation bears no relevance on the control on the people and property within the physical jurisdiction of a country. Bytedance's physical headquarters is in Beijing.
> Bytedance's CEO is Zhang yiming, is a Chinese national. And its board has one Chinese national and three non-Chinese nationals. It's owned by a number of international investors, these investors likely have a say in the company as well. These people would not have built a company with Chinese government DNA. Zhang yiming himself has criticized the government in the past. Although he has toed with Chinese government lines in China because he has to. But he personally admires the US and its political culture. The management is also saying they are moving HQ to other countries. I think given the management's mindset, they really want to deal as little with the Chinese government as possible
Then it should be clear how much power the CCP has over them, when he says things like this:
> in April 2018 the government compelled ByteDance to shut down its popular “Neihan Duanzi” (“inside jokes”) app for good due to its “vulgar” content. In response, Zhang issued a letter of self-criticism where he said, “Our product took the wrong path, and content appeared that was incommensurate with socialist core values.” He also promised that the firm would in the future “Further deepen cooperation with authoritative [official party] media, elevating distribution of authoritative media content, ensuring that authoritative [official party] media voices are broadcast to strength.” [0]
[0]: https://foreignpolicy.com/2019/01/16/bytedance-cant-outrun-b...
Bear in mind here, I am simply listing reasons why the US government would be marginally concerned about ByteDance in comparison to domestic social media, not defending the mechanisms by which this current administration is handling things.