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by dpkirchner
1172 days ago
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I've been hearing this for years, possibly decades. If China is such an existential threat, why didn't we (the wealthiest country in the world) buy up those mines ourselves? Why is TikTok of all things where we're making our stand? I don't buy it. |
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Having arbitrary companies buy the mines is something that they occasionally do - however, that comes with the risk of exposing themselves to the corruption and issues of the country where the mines are located. The FCPA https://www.trade.gov/us-foreign-corrupt-practices-act makes it difficult for companies that aren't going to use bribery to compete against other companies and countries where corruption isn't seen as an issue.
These can make it rather difficult for the United States government or a company based in the United States to try to "buy up" the raw materials of other countries.
TikTok, however, is a way for one government that the US has a strained relationship with to potentially direct the public discourse in the US or use it to track / identify individuals. The spying that was mentioned is https://www.theguardian.com/technology/2022/dec/22/tiktok-by...
> TikTok has admitted that it used its own app to spy on reporters as part of an attempt to track down the journalists’ sources, according to an internal email.
> The data was accessed by employees of ByteDance, TikTok’s Chinese parent company and was used to track the reporters’ physical movements. The company’s chief internal auditor Chris Lepitak, who led the team involved in the operation, has been fired, while his China-based manager Song Ye has resigned.
> ...
> ByteDance and TikTok had initially issued categorical denials of the allegations when they were first reported. The company claimed it “could not monitor US users in the way the article suggested”, and added that TikTok had never been used to “target” any “members of the US government, activists, public figures or journalists”. Those claims are now acknowledged to be false.