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Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by advisedwang on Sunday April 14, 2024 @06:19PM (#40034973)
Crazy that congress is fighting over ownership of TikTok, but letting a critical piece of US manufacturing be foreign owned with hardly a word.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by azinman2 on Sunday April 14, 2024 @06:25PM (#40035029)
Having an adversary control the psychological inputs to half of your population (including a majority of the youth) is clearly a bad idea. I actually commend congress for taking this action, no matter the rhetoric.

US steel is a separate issue that also probably shouldn’t be sold, but at least with Japan there’s some reciprocity in access to markets.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by Razengan on Sunday April 14, 2024 @08:12PM (#40035719)
> Having an adversary control the psychological inputs to half of your population (including a majority of the youth) is clearly a bad idea.

But Facebook, Twitter, Reddit and YouTube controlling The Youth™ of THE ENTIRE WORLD is clearly OK.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by crisply5706 on Sunday April 14, 2024 @08:40PM (#40035868)
No, it's not. Nobody said that. Stop screaming nonsense so that someone will argue with you.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by Razengan on Monday April 15, 2024 @04:43AM (#40038157)
So why aren’t you all screaming about those as much as you scream about TikTok
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by mpalmer on Monday April 15, 2024 @05:27AM (#40038349)
Because the US government doesn't have effectively total control over those companies the way China has over Bytedance. Is that not apparent to you?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by echoangle on Monday April 15, 2024 @05:14AM (#40038302)
Probably because they’re from the US and care about their own problems first? Not really surprising TBH
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by crisply5706 on Monday April 15, 2024 @11:27AM (#40041843)
Normal adults can care about more than one thing at a time and it is not mandatory or necessary to talk about every problem every time.

Why aren't you screaming about the various genocides and wars? Why aren't you screaming about every single injustice in the world all the time?

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by Razengan on Monday April 15, 2024 @11:49AM (#40042150)
Bruh you’re screaming about TikTok on a news about freakin steel factories. That ain’t normal.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by Razengan on Monday April 15, 2024 @11:46AM (#40042105)
Bruh you’re screaming about TikTok on a news about freakin steel factories.

That ain’t normal. That’s a hypocritical vendetta.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by sanxiyn on Sunday April 14, 2024 @06:25PM (#40035020)
I think the critical difference is that Japan is an ally and China is not.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by Loughla on Sunday April 14, 2024 @06:37PM (#40035115)
For now?

I am pretty sure that at one point China was an ally and Japan an enemy. I think.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by woooooo on Sunday April 14, 2024 @06:44PM (#40035166)
In the 80s and 90s there was a lot of hostility to Japan, because they looked like they might surpass us economically. They were even the villain of some Tom Clancy books.

Now, the fear/hate is aimed at China, same reason.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by jszymborski on Sunday April 14, 2024 @06:48PM (#40035191)
There's more reason than that for Western hostility to China, not least of which is that it is an authoritarian regime with aggressive expansionist goals.

Let's also not forget the reciprocity of the hostilities.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by throw39323 on Monday April 15, 2024 @05:16AM (#40038311)
Does that really matter? Saudi Arabia is an ally.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by reducesuffering on Monday April 15, 2024 @07:29AM (#40039106)
Saudi Arabia is an unfortunate alliance as a pawn in the larger game against the more severe problems that China, Russia, and Iran pose, along with ensuring energy stability until we have better options. In a better world, we would never be friends with a dictatorship like that and their ideals. It's the less bad option, unfortunately. Snubbing all countries with problematic governments like Turkey, Saudi, Ethiopia, Pakistan, Azerbaijan, Vietnam, etc. will quickly land you in a tougher situation to accomplish better ideals.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by woooooo on Monday April 15, 2024 @09:40AM (#40040443)
So what's the specific difference between Saudi/Turkey and Russia/China then?

Sounds like all the moralizing is just chaff and it's pure power politics.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by reducesuffering on Monday April 15, 2024 @03:47PM (#40044836)
Saudi/Turkey are not invading a neighboring democracy to annex. Russia is and China is very much preparing to. There are 150k - 400k people dead because of what Russia did.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by woooooo on Monday April 15, 2024 @04:58PM (#40045488)
I want to clarify that I'm not "pro russia" here. I'm "anti bullshit". Every nation has propaganda, don't get high on your own supply.

That said, if you think for 5 seconds there are some blatant recent and ongoing examples of USA and allies invading and killing a lot.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by reducesuffering on Monday April 15, 2024 @05:28PM (#40045817)
Of course, ostensibly. However, for starters, US hasn't been about real annexation since Hawaii 125 years ago, which is not the case for Russia/China that this thread has been about. Iraq was a very major fuckup, even though Saddam was an awful dictator and House Democrats voted against it. Afghanistan was a massive waste, but after the initial Bin Laden operation, was for the naive cause of actually making a functional democracy for the people there, without which women are currently uneducated property. Israel has the double sided problem of their far right wing wanting to annex West Bank while violence escalated 100x by the Oct. 7th assault. Not exactly a peaceful neighbor gets invaded to upend a stable status quo for decades...
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by woooooo on Monday April 15, 2024 @05:38PM (#40045938)
You're aware that other nations also have narratives where their mistakes had good intentions, yet their opponents are dastardly?

Russia has a story of the west systematically stripping their influence from Eastern Europe, overtly and covertly. Despite being warned we were pushing it too far.

Clausewitz is the only one who's objectively right in the end.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by reducesuffering on Monday April 15, 2024 @06:10PM (#40046272)
While realpolitik and unfortunate compromises always have to be made in the arena of current geopolitics towards greater prosperity and lesser violence, you'd be mistaken to assume everyone has equally cynical goals.

Despite everyone wanting to boast about their good deeds and demonize enemies for PR points, some actors genuinely do a better job towards prosperity than others, and you fall prey to the worse evil by equating everyone just being selfishly bad. No one is even close to 100% good, but that means we need to highlight what amounts each actor does good and what they do bad; all of them.

> Russia has a story of the west systematically stripping their influence from Eastern Europe, overtly and covertly.

Ultimately, this is bogus and not the real story. It just takes one look at Poland's GDP per capita chart: https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location...

Poland broke off the old soviet chains and successfully integrated economic reforms to prosperity and trade with other successful western economies. Ukrainians are Polish neighbors and looked over there wondering "why tf are we so poor when the Poles are flourishing? Oh ya we still have these old soviet apparatchiks gouging our economy, let's instead make the western economic reforms a la Poland." Russia, being an 85% vote dictatorship and also a soviet apparatchik economy, realizes that just like Polish neighbors, having economically successful Ukrainian neighbors will cause average Russians to resent the exact same thing about their old stodgy economic oligarchs and ruin their golden tickets..."

There's a special place in hell for people who espouse "don't help Ukrainians, their government and economy is corrupt" when all they need is some support to take off the corrupt shackles, which they're trying to do, instead of abandoning them to remain strangled by the corruption.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by woooooo on Monday April 15, 2024 @09:09PM (#40047404)
For the record, I think the fair realpolitik compromise with Russia would have been to let them have Crimea, and they already had it before the invasion. Total mistake/disaster on their/his part.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by reducesuffering on Monday April 15, 2024 @09:44PM (#40047610)
I’m pretty sure Crimea will be ceded to Russia in the eventual treaty in exchange for NATO-like security guarantees for the rest of Ukraine, as unfair as it is. With how many Russians there are now, the enmity that will exist for a generation, and Sevastopol being a Russian base for a lot longer, I don’t think US diplomats see any realistic way they can materially support a retake Crimea that will lead to a stable situation. However that’s up to the Ukrainian people, which currently majority don’t want to cede it.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by pfannkuchen on Monday April 15, 2024 @10:01AM (#40040656)
> aggressive expansionist goals

Like reintegrating Taiwan and HK? Anything else? Tibet I guess? I thought China was generally satisfied with its borders, except for areas it feels were split off due to external interference.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by jszymborski on Monday April 15, 2024 @12:19PM (#40042538)
I mean, I feel like "generally satsified but for a couple of sovreign states" is handwaving things a bit.

Russia similarly feels Ukraine was split off due to "external interference". Makes the claim no more legitimate.

But also see https://en.wikipedia.org/wiki/Chinese_imperialism

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by przemub on Monday April 15, 2024 @01:04PM (#40043090)
So just give or take 35 million people, with Taiwan being integral to the world's chip manufacturing industry, and HK conquest violating the handover treaty. That's far from nothing.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by jjk166 on Monday April 15, 2024 @01:14PM (#40043179)
There's a lot of areas that it feels were split off due to external influence. Arguably nearly the whole of east Asia has at some point or another been under some form of Chinese control. They are making extensive claims on the south china sea into waters contested with Vietnam and the Philippines. There are several small islands between Taiwan and Japan which are China claims (and more importantly the oil beneath them). There are a number of territorial disputes with India and Bhutan over control of parts of the Tibetan Plateau which are critical to the water supplies of nearly the whole of Asia. Additionally several border disputes previously settled between China and it's neighbors, such as Russia and the states of Central Asia, are likely to be reconsidered as Russian influence in the region diminishes.

China has also been proactively setting up claims to various exclaves around the world, primarily in the Indian Ocean and Africa. They've set up various "debt traps" where they lend money to build infrastructure like ports to nations that have no serious chance at repaying the loans, and should they default then China receives control. Additionally China is pursuing traditional overseas military bases in Burma, Cuba, Equatorial Guinea, Pakistan, Seychelles, Sri Lanka, Tajikistan, Tanzania, and the UAE, in addition to bases it already has in Djibouti and Cambodia. Such bases are not in and of themselves expansionist, and probably are more about keeping vital trade links open, but increased ability to project power would be a pre-requisite for any expansionist goals in those regions.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by catlikesshrimp on Sunday April 14, 2024 @06:57PM (#40035242)
Japan never had nuclear weapons.

China has like ten times the population of japan, is now a dictatorship (like the roman republic, maybe?), the territory is massive, is a russian ally and a couple more reasons.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by KRAKRISMOTT on Sunday April 14, 2024 @07:11PM (#40035337)
It's next to impossible to strong arm China into another Plaza Accord, unlike Japan.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by reducesuffering on Monday April 15, 2024 @12:27AM (#40037071)
Why don't you address the clear differences of an authoritarian one party dictatorship that already materially supports the invasion and destruction of Ukraine, and an impending invasion of another 80 year sovereign country?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by tw04 on Sunday April 14, 2024 @06:39PM (#40035130)
And I’m pretty sure if Japan became adversarial, there would be a breakup triggered on national security concerns.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by kjkjadksj on Sunday April 14, 2024 @06:59PM (#40035256)
Japan is littered in American military bases and personnel. It is practically a territory with a fig leaf of domestic policy self determination.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by hx8 on Sunday April 14, 2024 @07:19PM (#40035398)
Except the yen is the third most traded currency globally and Japan has the 4th largest economy in the world. It's true that their military strategic position is heavily dependent on the alliance with the US, but they performed exceptionally well with their 'fig leaf' of 'self determination.'
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by kjkjadksj on Monday April 15, 2024 @12:32PM (#40042725)
And that was done with an unparalleled level of american investment to build such a trade partner. Billions of dollars spent by the american government alone in aid that largely came in the form of grants, not loans. Billions more in investment by american banks and funds through the years. Majority shareholder in toyota today is a private bank out of Plano, TX.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by blackhawkC17 on Monday April 15, 2024 @03:26PM (#40044680)
> Majority shareholder in toyota today is a private bank out of Plano, TX.

Correction - Fisher Investment is the largest individual shareholder, with just a 0.05% stake. Stating "majority" would mean they own >50%.

https://www.wallstreetzen.com/stocks/us/nyse/tm/ownership#:~....

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by comex on Sunday April 14, 2024 @06:43PM (#40035152)
For the last 80 years.

Things will probably change someday, but not anytime soon.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bozhark on Sunday April 14, 2024 @06:49PM (#40035194)
China has never been a western ally
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by woodruffw on Sunday April 14, 2024 @06:57PM (#40035241)
China was very notably an ally while the KMT was in power of mainland China.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by rightbyte on Monday April 15, 2024 @05:14AM (#40038303)
Are you referring to Nazi-Germany or the US in this context?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by woodruffw on Monday April 15, 2024 @10:20AM (#40040865)
The US.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by baobun on Sunday April 14, 2024 @07:03PM (#40035278)
Sounds very "Oceania was at war with Eurasia; therefore Oceania had always been at war with Eurasia"

(excerpt: https://www.abhafoundation.org/assets/books/html/1984/24.htm...)

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by dudeinjapan on Sunday April 14, 2024 @06:56PM (#40035237)
Perhaps you are forgetting WWII, when China was a main member of a group which literally called themselves "The Allies" https://en.wikipedia.org/wiki/Four_Policemen
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by jsiepkes on Monday April 15, 2024 @01:28AM (#40037338)
Calling yourself "the allies" doesn't make you long term allies.

It was just a group with a common enemy for short a time. Take Stalin, also part of "the Allies", he had invaded Poland together with Hitler and also invaded Finland. Couple of years later he was fighting Hitler because he got stabbed in the back by Hitler. And after WWII the west got into the coldwar with Stalin.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bdjsiqoocwk on Monday April 15, 2024 @05:49AM (#40038471)
Very apt example on Stalin, exactly right.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by hnfong on Monday April 15, 2024 @01:29PM (#40043349)
> Calling yourself "the allies" doesn't make you long term allies.

The original claim was literally "China has never been a western ally". GP pointed out a counter example during WWII. Your response seems to be against a strawman argument...

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by dudeinjapan on Thursday April 18, 2024 @12:55AM (#40073087)
Had the Nationalists in China prevailed against Mao they would have likely remained a Western ally. Certainly their descendants in Taiwan are today. But who knows?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by ceejayoz on Sunday April 14, 2024 @07:05PM (#40035292)
It's one of the five permanent members of the UN Security Council for a reason.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bdjsiqoocwk on Monday April 15, 2024 @02:26AM (#40037563)
The difference is that Japan is a Western country, China isn't.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by ludston on Monday April 15, 2024 @04:48AM (#40038177)
What? You mean capitalist nation rather than communist right?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bdjsiqoocwk on Monday April 15, 2024 @05:02AM (#40038254)
No, I mean with rule of law and powerful institutions. As opposited to China (or Russia), which have law, but institutions are engineered so that the person in power can highjack them to ensure the outcomes they want.

Think about it. In western countries (US, UK, EU, Japan, etc) you can have a court rule something that is seriously inconvenient for the government. In China and Russia that never happens.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by throwaway2037 on Monday April 15, 2024 @09:20AM (#40040207)
Overall, I agree with your sentiment. The specific example that you chose was very thoughtful. If parliament is forced to accept a court decision, it says a lot about the maturity of a democracy.

However, I take issue with the term "Western". In this case, I would say the most advanced countries in OECD, which implies: highly functioning democracy and highly industrialised, capitalist economy. To be clear, for historical reasons there are some, err, odd members in OECD, including Turkey (currently a dysfunctional democracy) and Mexico (high levels of perceived corruption, drug war, poor control of police). And, to be fair, I don't have a good way to decide which are "the most advanced countires in OECD".

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by impulser_ on Monday April 15, 2024 @11:18AM (#40041718)
Yeah but times are very different than the past. Today, Japan is one of our greatest allies in the region and their economy depends heavily on the US. The US is Japan's #1 trade partner and a lot of their industries are heavily involved in the US.

For them to become an enemy of the of the US would probably kill their economy.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by frumper on Monday April 15, 2024 @11:38AM (#40042008)
The US is China's #1 trade partner...
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by jandrewrogers on Sunday April 14, 2024 @07:23PM (#40035416)
It is no different than the US Congress granting ASML, a Netherlands company, a license to produce EUV lithography technology. Japan and the Netherlands are closely integrated geopolitically with the US for all practical purposes. China, by contrast, is aggressively adversarial in its geopolitical ambitions.

The difference really couldn't be more stark.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by selimthegrim on Sunday April 14, 2024 @07:31PM (#40035472)
Didn’t they shut down Nikon’s EUV program and give the IP to ASML?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by throwaway2037 on Monday April 15, 2024 @09:27AM (#40040278)
Who is "they"?

I Google'd for "Nikon’s EUV program". First hit: https://www.nikon.com/company/ir/ir_library/event/pdf/2023/2...

Page 47:

    > Nikon exited the development of EUV lithography systems about 10 years ago due to the enormous investments required for the development.
I could not find anything about "giv[ing] IP to ASML". Can you provide a reliable source?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by selimthegrim on Monday April 15, 2024 @11:11AM (#40041607)
There were some allegations elsewhere on HN that the US government had a hand in this.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by loufe on Sunday April 14, 2024 @06:26PM (#40035033)
I'm surprised this is confusing. While one could talk in terms of what is just and right according to law and rules, but this is without a doubt a political deciison.

It's a question of US-opposed vs US-aligned country company ownership.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bdjsiqoocwk on Monday April 15, 2024 @05:55AM (#40038493)
It's only confusing to the "they're all equally bad, you can't know anything for sure" kind of people. Anyone who spend 10 minutes thinking about the subject isn't confused.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by benced on Sunday April 14, 2024 @06:58PM (#40035246)
Can you explain what nefarious things Japan - one of the US’s closest allies by the way - could do by owning 12% of the USA’s steel output in the form of physical factories that are on US soil?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by brg on Sunday April 14, 2024 @09:47PM (#40036295)
Report to other governments the allocation and distribution of government steel purchasing, and thereby provide estimates for the production and maintenance of warships, subs, tanks, and other vehicles.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by Razengan on Monday April 15, 2024 @04:46AM (#40038171)
This is such a bizarre level of paranoia
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by johngladtj on Monday April 15, 2024 @05:07AM (#40038281)
Do you genuinely believe that other governments don't already have that information?

Most of it is publicly available, and what isn't can be estimated reliably via satellite imaging

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bdjsiqoocwk on Monday April 15, 2024 @05:52AM (#40038477)
Japan might be infiltrated by spies that report that to US's enemies, like the US might be infiltrated by spies. But Japan's government isn't going to institutionalize spying the US, what a ridiculous thing to suggest.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by jjk166 on Monday April 15, 2024 @01:30PM (#40043367)
The number of ships the US builds and other general quantities of war materiel is public knowledge. Beyond government accountability, US policy is designed around deterrence, where you want your potential adversaries to see just how big a stick you're carrying so as to prevent them attacking you in the first place. With modern satellites, it would be impossible to hide any large scale production even if we tried to keep it secret. The US certainly does have some classified military procurement, but these items are too small to have any critical details revealed by a crude analysis of steel consumption.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by mrguyorama on Monday April 15, 2024 @01:32PM (#40043387)
You realize we freely publish a lot of that right? The US has a gigantic military, and showing that off is an important form of deterrence.

Like, most of those tanks are just sitting out in the desert, in full view of global satellites.

YOU can collect that information for like a thousand bucks, by buying satellite imagery. People are doing that right now.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by hbossy on Monday April 15, 2024 @09:55AM (#40040596)
It's also the only country to ever start a war with the US over steel exports.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bradleyjg on Sunday April 14, 2024 @06:51PM (#40035212)
The factories aren’t going anywhere. If Japan and the U.S. go to war, we can nationalize them.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by MattGaiser on Sunday April 14, 2024 @06:32PM (#40035075)
“Foreign” comprises both friends and foes. That is more the key issue. If TikTok were from the UK, there would be no hearings in Congress.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by delfinom on Sunday April 14, 2024 @06:34PM (#40035093)
They didn't care an actual us adversary bought a major pork producer in the US....

Japan is at least an allied country, and they wouldn't be buying a failing company to just throw it away. The company that mainly opposed it, Cleveland cliffs wants to buy the remains to have a complete monopoly on automotive metal supply.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by gimmeThaBeet on Sunday April 14, 2024 @07:37PM (#40035509)
Yeah, that part kind of grinds my gears a little bit. Aside from the politics getting involved, the biggest agitator is the rival bidder.

But part of their revised bid before Nippon included a breakup fee in case their bid got blocked on anti-trust grounds. Which, on the one hand, while I will say I probably disagree with a lot of anti-trust policy enforcement currently, the implicit notion that the rival American acquisition is better is imo kinda laughable.

The things CC is mainly interested in are like entirely horizontal, ore production/pelletizing, and automotive steel.

Cliffs has already bought AK and Arcelor's US mills in the past 5 years, the fact that they would be allowed to consolidate the midwest further is like, what do you actually believe in?

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bsder on Sunday April 14, 2024 @06:50PM (#40035205)
You can "solve" Japan owning US Steel by the army showing up tomorrow. You can't move a steel mill.

You can't "solve" TikTok short of shutting them down.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by fragmede on Sunday April 14, 2024 @07:19PM (#40035401)
Require Department of Homeland Security agents be given access to systems at TikTok to monitor and modify the algorithm to their liking instead of just shutting the whole thing down.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by bsder on Sunday April 14, 2024 @07:33PM (#40035487)
First, you would have a very determined adversary versus the very best of Homeland Security aka completely incompetent fools (in reality it would be outsourced to the very best lowest bidder).

Second, what are you gonna do when you find a violation, fine them? If you can even prove it, we know how well that works.

Third, no matter how you bend the algorithm, I can make it bend further to do what I want.

Finally, China will just keep swallowing whatever penalty in order to keep feeding propaganda.

All you are doing is postponing the inevitable shutdown. You might as well get it over with now.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by fragmede on Monday April 15, 2024 @04:08PM (#40045012)
that's utterly defeatist. if I pointed out that you're not going to live forever, so why not get it over with now, I'd be a total asshole.

I see you're in the "government is always incompetent" camp. If, instead, we treat it as fallible; imperfect but not always incompetent, there's a reasonable job that can be done. (yes, even by the government.)

ideally there would be more creative penalties than mere fines, and in this fantasy world of mine, there would be proper, non-monetary incentives for compliance.

ultimately, full divestment of CCP influence on TikTok is the goal. If Mark Zuckerberg owned TikTok we'd be back to regular hating on social media, instead of this extra geopolitical version.

Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by anonymousab on Sunday April 14, 2024 @07:15PM (#40035373)
Biden talked about it last month and there have been a couple of small grumblings in Congress since: https://www.reuters.com/markets/commodities/us-senator-urges...
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by fragmede on Sunday April 14, 2024 @07:15PM (#40035376)
you don't want to know how much of America the Saudis own.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by mtcprodus on Sunday April 14, 2024 @06:31PM (#40035074)
There's obviously a difference between Japan, a US ally, ownership and China, a US enemy, ownership. Chinese 50 cents army hard at work here.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel by D13Fd on Sunday April 14, 2024 @09:03PM (#40036027)
> a critical piece of US manufacturing

You're wrong there. The U.S. Steel Corp. has a long history but hasn't been a the leader even in the U.S. for some time now. We are talking about a couple of very outdated steel plants coupled with some very outdated infrastructure, basically.