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Excerpt from freedomist.com
John Ratcliffe, the former Director of National Intelligence from 2020 to 2021 is warning the federal government about the current state of America’s patent courts, which are allowing foreign nationals to exploit American technology and sabotage American businesses.
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Excerpt from freedomist.com
The Biden administration is ordering a CCP-owned cryptocurrency mining company to sell land it owns which is located near a U.S. military base. The question is, how did they get permission to buy this land in the first place.
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Excerpt from news.abplive.com
Tech billionaire Elon Musk, the CEO of Tesla, aims to implement his company’s Full Self-Driving (FSD) technology into robotaxi services in China, according to a report by staterun China Daily. Last month, the Tesla CEO made an unexpected trip to China, where he had a meeting with Premier Li Qiang, the country’s second-highest-ranking politician.
According to news agency Bloomberg, Musk, whose company is facing sluggish sales, received a significant boost when Chinese officials gave their initial approval for Tesla to introduce its FSD technology in the country. However, according to the report from China Daily, that wasn’t the sole topic of discussion.
The report, citing sources familiar with the matter, reported that the Chinese government also offered partial backing to Musk’s proposal to integrate Tesla’s FSD technology into the country’s taxi services.
Musk’s wager on fully autonomous vehicles isn’t particularly unexpected, given the recent shifts he’s made to reorient the automaker as a software company.
After TikTok’s CEO told the American congress he was no communist asset, nor was his company, a court filing by the CCP-owned company proves TikTok is, in fact, nothing but a CCP asset that operates only through CCP approval. In a court filing protesting the passage of a law that would ban the CCP-controlled app, TikTok admitted that due to the Chinese government’s direct control of its company, it couldn’t even legally sell the asset to a non-CCP entity even if they wanted to.
Michael Sobolik, a senior fellow at the American Foreign Policy Council, said of the filing, “For years, TikTok has asserted its legal and operational independence from the Chinese Communist Party. TikTok admitted as much in its federal petition against the law and said what every serious person has known for years: the Chinese Communist Party will not permit a divestment,” he continued. “That’s not a problem for the American people. That’s a problem for TikTok.”
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Excerpt from townhall.com
TikTok and its parent company ByteDance filed a lawsuit against the United States on Tuesday claiming it is “unconstitutional” for the government to force the app to be sold by its Chinese owner or be outright banned in the U.S.
In addition to the expected — yet inadequate — arguments as to why TikTok should remain under Chinese ownership and available to American users on First Amendment grounds, the complaint makes a significant admission about how valuable TikTok is to the Chinese Communist Party.
On pages 18 and 19 of the complaint, TikTok’s attorneys argue that the app’s foundational algorithm can’t be passed off to another entity to remain available in the United States…because the Chinese Communist Party won’t allow it (emphasis added):
Third, the Chinese government has made clear that it would not permit a divestment of the recommendation engine that is a key to the success of TikTok in the United States. Like the United States, China regulates the export of certain technologies originating there. China’s export control rules cover “information processing technologies” such as “personal interactive data algorithms.” China’s official news agency has reported that under these rules, any sale of recommendation algorithms developed by engineers employed by ByteDance subsidiaries, including TikTok, would require a government license. China also enacted an additional export control law that “gives the Chinese government new policy tools and justifications to deny and impose terms on foreign commercial transactions.” China adopted these enhanced export control restrictions between August and October 2020, shortly after President Trump’s August 6, 2020 and August 14, 2020 executive orders targeting TikTok. By doing so, the Chinese government clearly signaled that it would assert its export control powers with respect to any attempt to sever TikTok’s operations from ByteDance, and that any severance would leave TikTok without access to the recommendation engine that has created a unique style and community that cannot be replicated on any other platform today.
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Excerpt from www.theblaze.com
General Motors CEO Mary Barra said that the company will push forward with its operations in China despite a whopping loss in the country in the first quarter of 2024.
Barra recently visited China and promised that GM remained committed to the market, which has been a mainstay for the manufacturer since 1997. A $106 million loss in the first quarter in China was just GM’s third quarterly loss in the far east in the last 15 years, CNBC reported, but the company announced that it expects the numbers to turn around.
GM CFO Paul Jacobson reportedly told investors that the company expects similar or slightly lower than $446 million in profit, which is what it garnered in China in 2023.
However, 2023 was the lowest year for equity income for GM in China since at least 2012, but this has come at a much smaller market share. GM’s percentage of the market has shrunk from nearly 15% down to 8.6% in the last decade, lowering expectations.
Still, 2023’s numbers were more than $230 million lower than 2022, despite only losing 1.2% of the market share in that time. Comparatively, GM’s income in China stayed relatively the same between 2014 and 2018 despite its market share dropping by about 1%.
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Excerpt from www.thegatewaypundit.com
Apparently, the lessons of the COVID-19 pandemic haven’t been learned. Dangerous biolab experiments continue – humanity be damned.
Chinese scientists have engineered a virus with parts of Ebola in a lab that killed a group of hamsters.
A team of researchers at Hebei Medical University used a contagious disease of livestock and added a protein found in Ebola, which allows the virus to infect cells and spread throughout the human body.
The group of hamsters that received the lethal injection ‘developed severe systemic diseases similar to those observed in human Ebola patients,’ including multi-organ failure,’ the study shared.
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Excerpt from ca.style.yahoo.com
BEIJING (Reuters) – Search engine Baidu Inc will invest in taxi-hailing app maker Uber Technologies Inc, a person familiar with the matter said on Friday, becoming the latest Chinese Internet firm to take an interest in the flourishing market for transportation apps. The size of Baidu’s investment – and its valuation of Uber – are unknown, but the Chinese firm has scheduled a press conference to announce an investment into an unnamed U.S.-based startup on Dec. 17 in Beijing.
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