In view of the forced acquisition of titok in the United States, the 45 day limit and the intermediate fee, Kaifu Lee, chairman and CEO of innovation works, said frankly that it was inconceivable.
China has made a very clear description of how foreign Internet companies that want to enter China need to comply with laws and regulations, Li Kaifa said.America's handling of the TikTok does not give what needs to be done to continue its operations, nor does it give any evidence of its complaint, forcing the acquisition to pay only 45 days for intermediate fees, which is not comparable to Google, but even more incredible.
According to CCTV, on August 3 local time, U.S. President trump saidUnless Microsoft or other companies can buy TikTok and make a deal, TikTok will be forced to close U.S. operations on September 15. As part of the transaction, the buying company should pay the federal government。
A few days ago,Zhang Yiming, founder of byte skipping, sent a letter to all members of the company confirming that tiktok's U.S. business faces the possibility of being forced to sell by CFIUS, or that tiktok products are banned in the United States due to an administrative order。
Zhang Yiming said that although we have repeatedly stressed that we are a private enterprise and we are willing to take more technical solutions to eliminate our concerns, CFIUS still believes that byte jitter must sell tiktok's US business.
We don't agree with this decision because we have always insisted on ensuring user data security, platform neutrality and transparency.
In view of the current environment, we must also face the Cfius decision and the executive order of the president of the United States, while not giving up exploring any possibility. We are trying to have a preliminary discussion with a technology company about the cooperation plan to form a plan to ensure that tiktok can continue to serve American users.
In addition, Microsoft is continuing to discuss the acquisition of tiktok in the United States and complete the discussion before September 15, 2020.
The following is the full text of Li Kaifu's article:
By the time Google exited, I had already left. But the environment and the rules are clear:
1) China clearly describes how foreign Internet companies that want to enter China need to comply with laws and regulations (joint venture companies, ICP certificates, servers in China, content, etc.). Those who are willing to abide by these laws and regulations can apply. That's how Google came in.
2) When Google later felt reluctant to abide by the laws, it decided to quit.
3) the U.S. handling the TikTok does not give what needs to be done to continue the operation, there is no evidence of the U.S. complaint against it, and the forced acquisition to pay only 45 days for intermediate fees, which is not comparable to Google. It is even more incredible.