World
China’s Reticence on the U.S. TikTok Prohibition is Highly Indicative.
(VOR News) – Beijing has kept a low profile as TikTok, China’s first worldwide successful app, struggles in the US.
Washington has long considered banning TikTok because to national security worries about its parent business, Beijing-based ByteDance. Chinese leaders have previously used harsh language to express disapproval. Beijing remains opaque as a ban grows increasingly likely.
In the months since Congress and the courts introduced laws forcing TikTok’s separation from ByteDance, China’s Foreign Ministry has not commented.
They cite previous statements. Commerce officials stated in March that China will “consistently protect its legitimate rights and interests.”
The recent silence should not be interpreted as a sign that Beijing would surrender. Apple and Tesla, U.S. corporations exposed to the world’s second-largest economy, could expect adverse effects from a tit-for-tat escalation. Beijing may have significant influence in response to discriminatory “bullying.” Policymakers should not underestimate this.
TikTok lost a high-stakes DC Circuit Court hearing, reducing its ban prevention chances from 70% to 30%, according to Bloomberg Intelligence. Reversing the loss is 10% if it loses this court dispute.
Chinese state-affiliated news companies have shed light on official opinions despite government restraint.
“The century of humiliation will not be repeated over TikTok.”
The Senate passed the ban. Beijing appears to view the U.S. attacks on the popular app as fitting with a history of Western exploitation that extends back to British forces forcing Chinese people to buy opium. It warned that subjection and compulsion would fail. According to different editorials, the US tried to “plunder” ByteDance.
Even U.S.-China Commission lawmakers don’t comprehend that Beijing and ByteDance would never sell its highly acclaimed algorithm to a foreign buyer. China changed its export laws in 2020 to protect its “national security and interests,” largely in reaction to moratorium talks.
TikTok’s recommendation mechanism, which rewards users with customised content to keep them engaged, is often cited as the app’s main advantage over competitors.
Given the current macroeconomic issues, several experts believe Beijing would be unreasonable to impose penalties or give new policy signals to prevent foreign investment during an unparalleled drop. They say preventing a deal would hurt ByteDance’s international investors.
This ignores the fact that Beijing has weakened its technological industry to meet policy goals. This was achieved through tremendous suppression that was lately lifted.
Recent years have shown that the government has prioritised investment returns and technology industry growth less. President Xi Jinping established “common prosperity” and high-quality innovation to enhance technological independence.
The US realises that its place in the global technology hierarchy affects its relationship with TikTok, but this may also pose problems.
Chinese sale vetoes Tiktok discourage foreign investment but warn of the wealthy U.S. market.
Chinese officials may be secretly considering options while awaiting presidential election results. Despite starting this problem during his presidency, Donald Trump has since stated as a candidate that he opposes a complete ban on TikTok since it would assist Facebook’s parent company, Meta Platforms.
Legislators quickly filled Beijing’s hesitation hole. They are fighting to shut down a platform used by over 170 million Americans to express themselves while defending free speech. Although TikTok is a national security danger, both top presidential candidates and President Joe Biden’s administration have used it. The app’s coconut tree and “brat” parodies helped Kamala Harris rise in the polls.
Paradoxally, the US is using an undemocratic method to deny the application in the name of democracy. Approximately 50% of Americans use TikTok. Fewer than one-third support a ban. Seven million US businesses use TikTok.
The American public and TikTok’s legal counsel cannot access the purported proof of its threat. The ban was placed in a foreign aid package for Ukraine and Israel to speed its passage through Congress. Legislators worried about social media security should prioritise comprehensive legislation to safeguard American data and customers from attackers across all applications.
TikTok’s ban gives China’s propaganda apparatus significant leverage. Beijing may be being prudent by keeping a low profile. The US’s actions are obvious.
SOURCE: JT
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World
Biden Escalates Ukraine War With Long-Range Missiles
The Kremlin announced on Monday that President Joe Biden’s decision to allow Ukraine to hit targets inside Russia with US military long-range missiles is “fuel to the fire” and will exacerbate international tensions.
Biden’s decision to allow Ukraine to employ US military long-range missiles to strike deep within Russia has raised concerns about growing tensions, with many fearing that this decision could lead to world conflict.
On Monday, with less than two months remaining in office, President Joe Biden authorized American-provided Army Tactical Missile Systems (ATACMS) to strike deep within Russia.
“It is obvious that the outgoing administration in Washington intends to take steps and they have been talking about this, to continue adding fuel to the fire and provoking further escalation of tensions around this conflict,” said Peskov, the spokesman for the president.
Peskov reminded journalists of a September statement by President Vladimir Putin, who stated that enabling Ukraine to target Russia would dramatically raise the stakes.
It would alter “the very nature of the conflict dramatically,” Putin stated. This would mean that NATO countries, the United States, and European countries would be at war with Russia.”
Peskov asserted that Western countries that deliver longer-range weaponry also provide targeting services to Kyiv. “This fundamentally changes the modality of their involvement in the conflict,” he said.
Ukraine War Escalation
In June, Putin threatened that if NATO permitted Ukraine to utilize the arsenal of its partners to attack Russian territory, Moscow would send longer-range weapons to others to strike Western targets.
“The Westerners supply weapons to Ukraine and say: ‘We do not control anything here anymore and it does not matter how they are used.'” Putin had said. “We can also say, ‘We supplied something to someone — and now we have no control over anything.'” “And let them think about it.”
Putin again emphasized Moscow’s willingness to deploy nuclear weapons if it perceived a threat to its sovereignty.
Biden’s decision will “mean the direct involvement of the United States and its satellites in military action against Russia, as well as a radical change in the essence and nature of the conflict,” Russia’s Foreign Ministry stated.
The new policy has unpredictable consequences. ATACMS, with a range of roughly 300 kilometers (190 miles), can travel deep behind Ukraine’s 1,000-kilometer (600-mile) front line, although their range is modest compared to other types of ballistic and cruise missiles.
President-elect Donald Trump, who takes office on January 20, has not responded, but he won the election on promises to stop the conflict, and some people close to him have decried the action as a hazardous escalation.
Missile Decision Sparks Anger
The Military Industrial Complex appears to want to start World War III before my father has a chance to restore peace and rescue lives. We need to lock in those $Trillions. Life be damned!! Imbeciles!” Donald Trump Jr., the President-elect’s son, posted on X
“On his way out of office, Joe Biden is dangerously trying to start WWIII by authorizing Ukraine to use U.S. long-range missiles against Russia,” said Rep. Marjorie Taylor Greene, R-Ga., on X. “The American people gave a mandate on November 5 against these exact American last decisions.”
Rebekah Koffler, a former Defense Intelligence Agency (DIA) officer and author of “Putin’s Playbook,” speculated that the stories were a “trial balloon to disrupt Trump” and that Biden may not have authorized the ATACMS strikes yet.
According to Dani Belo, PhD, Director of Security and International Relations at Global Policy Horizons Research Lab, Ukraine’s ability to currently hit Russian territory has the potential to escalate the war with Russia.
However, Donald Trump’s victory is likely to moderate the escalation.
There is speculation that Donald Trump’s administration would restrict military hardware deliveries to Ukraine, putting political pressure on Kyiv to resolve the crisis. This implies Ukraine has no motivation to escalate now and lose its fighting capability in a matter of months.
Russia sees no reason to escalate the situation at this time. Moscow expects that Trump’s administration will try to finish the war soon, so the Kremlin will likely take a wait-and-see approach until the new presidential administration takes office without significantly escalating the conflict. As a result, any escalation is unlikely.
Source: AP
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World
A Court Filing Reveals Elon Musk Flatly Rejected OpenAI’s ICO in 2018.
(VOR News) – Elon Musk, the billionaire and CEO of Tesla, claims in a subsequent court filing that was submitted on November 14 that he was successful in stopping OpenAI from doing an initial coin offering (ICO) in 2018.
According to the filing requirements, this information was disclosed.
Musk and his legal team have claimed that two of OpenAI’s founders, Greg Brockman and Sam Altman, tried unsuccessfully to create a token in early 2018 to help the company grow. To the best of our knowledge, this was the founders’ intention.
Elon Musk accurately described the scenario.
Elon Musk made the remark during the pertinent time period, according to the lawsuit’s accusations.
This, in his opinion, would lead to a significant decline in trust in OpenAI and everyone involved in the initial coin offering (ICO). These statements are extracted from his initial declaration.
A unique project backed by Altman, Worldcoin launched a token twenty-three years ago with the goal of creating digital identification for verified individuals.
Furthermore, the company in charge of token distribution was Worldcoin. Through the use of the token, Worldcoin was able to authenticate individual identities.
When OpenAI was first founded, it was a nonprofit organization dedicated to creating safe artificial general intelligence (AGI).
In this context, the acronym AGI stands for artificial global intelligence. “Musk has continuously voiced concern about the grave threat that these sophisticated systems pose to humanity,” his attorney wrote in the complaint. These sophisticated technologies represent a serious threat to humankind.
“Musk remains apprehensive regarding this threat.” “Musk regards these threats with the utmost seriousness.” “Elon Musk has harbored these concerns for an extended period.”
This led to Musk joining OpenAI’s board of directors and continuing to serve as co-chair of the board. Furthermore, he was appointed to that board of directors post.
Elon Musk contributed $44 million to the enterprise.
OpenAI declared in a March 5th news release that it was imperative that the company adopt a profit-making structure in order to obtain the necessary funding to achieve its objectives. In order to enable OpenAI to fulfill its objectives, this transition was necessary.
According to both the OpenAI statement and the amended filing, Elon Musk advocated for the combination of OpenAI and Tesla to help the artificial intelligence startup with its financial issues.
The aforementioned measures were implemented to mitigate the challenges that the organization was facing at that specific moment. Musk submitted his resignation as an OpenAI employee in February 2018.
He founded his own artificial intelligence company, which he named XAI, in the ensuing years. His efforts directly led to the achievement he achieved.
We are deeply disappointed that our friendship with someone we have always held in the highest respect has deteriorated.
As we started to make significant strides toward OpenAI’s goal on our own, this person, who had previously motivated us to achieve greater heights, abruptly predicted that we would fail, established a rival company, and filed a lawsuit against us, according to the group’s press release.
In August of this year, Musk filed a lawsuit against OpenAI and its CEOs, Altman and Brockman, claiming that they had violated federal RICO statutes, engaged in unfair competition, and committed fraud. OpenAI is the target of legal action taken by Elon Musk.
According to Elon Musk, they have engaged in additional illegal activity. Microsoft was named as one of the defendants in the dispute in the updated complaint, which was submitted on November 14.
It’s being presented as a case at the moment. Microsoft and OpenAI started working together in 2019, and Microsoft committed $1 billion in the partnership.
In July 2023, OpenAI’s native cryptocurrency, Worldcoin (WLD), was made available to the general public. Not too long ago, an article published by The Block disclosed this knowledge. When the market closed on November 15 at 11:36 p.m. Eastern Time (16:36 UTC), the price of a share of WLD was $2.21.
SOURCE: TB
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Trump Appoints Robert F. Kennedy Jr to Head HHS
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World
Trump Appoints Robert F. Kennedy Jr to Head HHS
President-elect Trump appointed Robert F. Kennedy Jr. (RFK Jr) to run the United States Department of Health and Human Services (HHS), sending Democrats and Big Pharma allies into a tailspin.
“I am delighted to announce Robert F. Kennedy Jr. as the Secretary of Health and Human Services (HHS). For too long, Americans have been crushed by the industrial food complex and medicine firms, which have engaged in deception, misinformation, and disinformation regarding public health,” Trump stated in his announcement.
“The safety and health of all Americans is the most important role of any administration, and HHS will play an important role in ensuring that everyone is safe from harmful chemicals, pollutants, pesticides, pharmaceutical products, and food additives that have contributed to this country’s overwhelming health crisis.
Mr. Kennedy will restore these agencies to gold-standard scientific Research and Transparency traditions, stopping the Chronic Disease Epidemic and making America Great and Healthy Again!” Trump added.
Reactions to RFK Jr HHS Appointment
The Department of Health and Human Services (HHS) oversees the Food and Drug Administration, the Centers for Disease Control and Prevention, Medicare, Medicaid, and the National Institutes of Health.
Kennedy is a former environmental justice lawyer who has recently started an anti-vaccine nonprofit. He ran for president as an independent candidate in 2024 but dropped out to join Trump’s closest circle.
House Republicans have reacted to Donald Trump’s nomination of former presidential contender Robert F. Kennedy Jr. as health secretary.
Chip Roy, a Texas congressman, calls it “great news”. He tells me, “We need disruption throughout the federal government.” He’ll be fantastic at HHS [the Department of Health and Human Services] to do that.”
Roy adds that he expects Kennedy’s candidacy will clear the Senate.
“There’s been a few Kennedy’s in the Senate in the past so maybe there’ll be some legacy there that they will want to move him through,” he speculates.
South Carolina Congressman Ralph Norman concurs with Roy on Kennedy’s confirmation in the Senate: “I believe he was an excellent choice by the president, as have all of them. Kennedy is interested in, and passionate about, the medical industry. He will do a terrific job with it.”
According to Public Citizen, a progressive nonprofit group focused on consumer protection, Robert F. Kennedy Jr. “is a clear and present danger to the nation’s health.”
He should not be allowed to enter the Department of Health and Human Services (HHS), let alone be appointed director of the nation’s public health agency.”
“Donald Trump’s mishandling of public health policies during the Covid outbreak resulted in hundreds of thousands of deaths. “By appointing Kennedy as secretary of HHS, Trump is courting another policy-driven public health disaster,” the organization continued.
Apu Akkad, an infectious disease physician at the University of Southern California, described the statement as a “scary day for public health”.
Meanwhile, pharmaceutical stocks such as Pfizer and Moderna plummeted following news of Kennedy’s nomination for HHS Secretary, as investors considered his potential impact on vaccine sales.
Novavax and BioNTech finished down more than 7%, with almost all losses occurring when word of the selection broke—Novavax shares fell to $7.22, and BioNTech shares fell to $103.56.
Moderna’s stock closed 5.6% at $39.77, reaching its lowest point of the year.
Sanofi’s stock fell 3.4% to $47.82, continuing a weeks-long share price decline that began after the company’s latest earnings report last month.
Pfizer lost less than its competitors on Thursday, closing down 2.6% at $26.02, despite having its sharpest drop of the day immediately following the RFK Jr. announcement.
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