Links for Tuesday, September 15, 2020

Notable China news from around the web.

WORTH THINKING ABOUT

Pieces of news or analysis that caught our eye:

It looks like ByteDance will keep majority ownership of TikTok and control over its algorithm, because the Trump administration’s concerns over precisely those two things were — surprise! — disingenuous. The Financial Times reports:

ByteDance will place TikTok’s global business in a new U.S.-headquartered company with Oracle investing as a minority shareholder…

The Chinese company will continue to collaborate with TikTok globally and will retain control of the powerful algorithm that keeps users engaged by predicting what sort of videos they will enjoy.

The FT says that Trump is likely to approve because Oracle says it will create 20,000 jobs, and because Oracle’s executives are Trump supporters. “Beijing has also shown support for the plan,” one person “with direct knowledge” also told the FT.

More on the TikTok saga, and the future of ByteDance:

MORE NEWS FROM AROUND THE WORLD

BUSINESS AND TECHNOLOGY:

SCIENCE, HEALTH, AND THE ENVIRONMENT:

POLITICS AND CURRENT AFFAIRS:

SOCIETY AND CULTURE: