Gosh I feel like I’ve heard Tencent has a stake in some other company that isn’t mentioned here yet.
what was it . . . hmmmmm
I’m really not sure which one you mean, because they own interest in a ton of companies.
Tik Tok is what they’re referring to
I was thinking of reddit
Tik Tok is the only tencent company I know if that’s been labeled a national security risk.
They also have a stake in all these companies…
Legaue of legends
Epic games
Ubisoft
From soft
Activision blizzard
WeChat
Activision Blizzard
I think the MSFT buyout eliminated their stake in ABK?
Can’t win capitalism? Fret not, everything is national security and we can throw the rules of capitalism out the window :)
And then the west is surprised at the confused look of the global south when Ursula and Biden mention “Rules based order”…
China is state capitalism. Capitalism isn’t losing. The West is losing because China is using state funds to buy up successful Western companies, and as their new owner, has the ability to force them to do China’s bidding.
Meanwhile the West is completely barred from buying a majority stake in any successful Chinese company and even if it could would not be taking it over on behalf of serving the state.
The problem is China plays by its own rules and those rules are heavily stacked against every other nation. That was fine when they were making junk for Walmart; it’s not so fine when it’s highly sophisticated electronics and software (that can do whatever China wants it to in the West) … and to add insult to injury it’s often based on stolen Western technology (since us idiots decided to put the factories that manufacturer the designs there).
Nobody really cares about the rules. While I don’t like capitalism, unfortunately it also starts a new era of imperialism, where the strong ruthlessly conquers the weak, see Israel-Palestine, Russia-Ukraine, and China-Taiwan.
One of those is not like the others…
I mean it’s not like China was open and allowed competition from western companies.
But it us kind of insulting when America did incredible violence to the global south to get them to open their markets only throw it all out the window.
Why is the list not just every Chinese company? do they not know how state capitalism works?
They do not.
Yeah they do. Fascism is state capitalism. They plan to replicate China.
Does this mean league of legends is a weapon
I mean it installs a rootkit on your computer that gives them full control over everything including what you type, hear, and see as well as the ability to record what you’ve previously typed and said. It could at any moment also fully disable your computer (as well as millions of other computers) rendering them useless.
Just because they haven’t used it that way, don’t assume they can’t or won’t.
I mean, there’s always been speculation that Vanguard is spyware. There’s absolutely no need or justification for always-on cheat detection.
What speculation? It’s literally spyware. You are giving it full low level access to your processor.
Don’t get me wrong, Vanguard is BS, and I quit playing riot games because of it. However, simply having low level access isn’t sufficient to classify it as spyware, otherwise drivers would be spyware. I still haven’t seen any evidence that it currently does anything nefarious with that access, which means it’s quite unlikely it’s being used for mass surveillance.
To me, there are 2 problems: 1) It could be used for targeted attacks, and the likelihood anyone would find out is much lower than in a widespread surveillance scenario. 2) It could be used to deploy a massive bot-net.
I think the US reclassification here is precautionary in nature.
Weapon of Mass Distraction.
Psychological Warfare for sure
We have a puppet coming into the presidency. China will have all the inroads to our government they care to pay for. Tencent and Co. will be a non-issue.
As opposed to all of our previous presidents, who refused to be bought by corporate corruption? LoL.
I don’t think they’re making that claim, just that Trump is easy to manipulate and buy off for anyone with the means. Everything is negotiable with him.
My own thought is that the wealthy corpos absolutely can and do purchase US politicians, but some of them have some philosophical guardrails that preclude stepping over certain issues. That number, however, seems to be shrinking the longer we have politicians who are allowed to get fat off of the people.
K. Which president does that not equally apply to? Could probably count on one or two hands the number congresspeople that can’t be bought.
And one of them just retired (Mitt Romney).
But we beat big pharma…
Oh yeah? Hahaha. When was this? Didn’t hear the news about free insulin.
Hahahaha.
Aint we got tea companies that make war machines here?
Such as?
I don’t know which company you’re referring to, but I think it’s pretty damn likely that China also classifies them as a military company too.
I fail to see the hypocrisy that you appear to be implying.
