12 November 2020
The Trump administration's existential threat to TikTok is again going down to the wire, as today is the deadline for when its Chinese parent company ByteDance must unwind a 2018 merger that helped create the app.
The big picture: There's no precedent for what might be coming after the stroke of midnight, and so far Treasury is turtling.
- The Committee on Foreign Investment in the U.S. (CFIUS) has previously required that past mergers be unwound (e.g., Grindr), but never before has such an order not been met in time.
- TikTok would, at least theoretically, be in violation of the law if it continues to operate, unless CFIUS grants it a 30-day extension (which it hasn't) or a judge grants it an emergency injunction (which TikTok sued for on Tuesday).
- The original CFIUS ruling says that the U.S. Justice Department "is authorized to take any steps necessary."
"Wait a minute," says rhetorical reader. "I thought they had a deal with Oracle and Walmart that President Trump approved?"
- Yes, but Trump only approved it in concept. The devil was in the details, particularly as it relates to data privacy and security, and those details remain bedeviled.
What TikTok is saying: "In the nearly two months since the President gave his preliminary approval to our proposal to satisfy those concerns, we have offered detailed solutions to finalize that agreement — but have received no substantive feedback."
What Treasury is saying: Nothing. Not only to reporters like me, but sources suggest that it also went dark on TikTok/ByteDance as the election neared.
The bottom line: TikTok is two-for-two in requesting court injunctions, but both of those cases related to sloppily-written executive orders. Overcoming CFIUS, which is designed to protect national security, could be a higher bar. In the meantime, over 1,500 U.S. workers and an estimated 100 million U.S. users hang in the balance.
Transcripts show George Floyd told police "I can't breathe" over 20 times
Section2Newly released transcripts of bodycam footage from the Minneapolis Police Department show that George Floyd told officers he could not breathe more than 20 times in the moments leading up to his death.
Why it matters: Floyd's killing sparked a national wave of Black Lives Matter protests and an ongoing reckoning over systemic racism in the United States. The transcripts "offer one the most thorough and dramatic accounts" before Floyd's death, The New York Times writes.
The state of play: The transcripts were released as former officer Thomas Lane seeks to have the charges that he aided in Floyd's death thrown out in court, per the Times. He is one of four officers who have been charged.
- The filings also include a 60-page transcript of an interview with Lane. He said he "felt maybe that something was going on" when asked if he believed that Floyd was having a medical emergency at the time.
What the transcripts say:
- Floyd told the officers he was claustrophobic as they tried to get him into the squad car.
- The transcripts also show Floyd saying, "Momma, I love you. Tell my kids I love them. I'm dead."
- Former officer Derek Chauvin, who had his knee on Floyd's neck for over eight minutes, told Floyd, "Then stop talking, stop yelling, it takes a heck of a lot of oxygen to talk."
Read the transcripts via DocumentCloud.