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Chronicles

The story behind the story

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US lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including CEO Shou Zi Chew's failure to build support on Capitol Hill

Wall Street Journal :

Wall Street Journal

Discussion

  • @jchengwsj Jonathan Cheng on x
    It is unknowable whether different strategies could have changed TikTok's fate, given Washington's deepening distrust of China. “The government was not negotiating in good faith,” said Michael Beckerman, TikTok's VP of government relations. https://www.wsj.com/...
  • @niubi Bill Bishop on x
    Here's how TikTok lost the war in Washington https://www.wsj.com/... via @WSJ Republican lawmakers also received calls from Doug Stafford, one of the people said. Stafford is an adviser to Sen. Rand Paul (R., Ky.), who according to federal records has received more than $24...
  • @jchengwsj Jonathan Cheng on x
    @georgia_wells @Kristinapet As TikTok negotiated with U.S. security officials over a complex restructuring that never panned out, it was outflanked by opponents and repeatedly surprised by the surging momentum against it in Washington, leading to last-ditch steps to rally support…
  • @jchengwsj Jonathan Cheng on x
    Chew lacked experience with U.S. politics, which he mostly left to his general counsel, Erich Andersen, a longtime Microsoft executive. Andersen spent much of 2022 negotiating with Cfius over TikTok's proposal to wall off U.S. user data. https://www.wsj.com/...
  • @jchengwsj Jonathan Cheng on x
    @georgia_wells @Kristinapet Interviews with current and former employees of TikTok as well as lawmakers and others involved in the battle over the app say TikTok CEO Shou Zi Chew missed opportunities early in his tenure to try to build support on Capitol Hill. https://t.co/...
  • @gwestr Greg Wester on threads
    The real impact of the TikTok ban is torching a $100 billion winner for Sequoia.  Hurts reinvestment in US businesses and our startup economy.  Also 4000 US tech jobs that pay $500k a year each, and a great advertising channel for brands to reach a new demographic.
  • @carnage4life Dare Obasanjo on threads
    This perspective would hold more weight if banning TikTok wasn't Trump's idea.  This is one of those rare bipartisan issues like being pro-police or anti-immigration where the election results likely won't change a thing.
  • @xzed87 @xzed87 on threads
    I don't think the market is fully pricing in the impact on revenue TikTok leaving the USA, and the effect on Meta earnings.  What would be the effect on Amazon be if there was a 40-50% chance Microsoft said they were going to close down Azure???  Meta CFO on latest earnings call,…
  • @robertoblake @robertoblake on x
    More thoughts on the TikTok Ban...This harsh but here is reality and I'm not going to sugar coat it just because people are raw and in they feelings and HURT over it.  There is no point in shuffling chairs on the titanic... The only realistic solution is for Creators to build the…
  • @jeffjarvis@mastodon.social Jeff Jarvis on mastodon
    Communities matter.  (Gift link).  —  They found safe spaces on TikTok.  A ban could devastate their communities. https://wapo.st/3vYgRMU