25 September 2020
The U.S. Department of Justice on Friday filed legal opposition to TikTok's request to delay a ban on downloading the app, with a judge expected to rule before the ban is set to go into effect Sunday.
Why it matters: The White House could have simply postponed the ban on its own for another week or two, as it did last Friday. This move suggests it's seeking to use the ban as leverage in ongoing negotiations.
Be smart: TikTok has a very good chance of winning its temporary restraining order request, based on a similar and successful petition last week by Chinese messaging app WeChat.
- The White House threatened bans against both companies via executive orders on the same night, with the companies subsequently arguing that the EOs were improper in terms of process and substance.
The state of play: There are two sets of simultaneous talks. One is the hard work of CFIUS negotiations, at this point centered on technical issues. The other is political rhetoric coming from both the White House and Beijing.
- Those familiar with the CFIUS talks say it's all systems go, with no major changes to things like ownership structure. As one source close to the process told me this morning: "We all know how to go home. If this thing had blown up, you'd have heard it blew up."
- Anyone watching the politicians gets a very different impression. Trump has insisted that Oracle and Walmart must have "total control" (they won't), and bragged about a $5 billion education fund that doesn't really exist. State-run media in China has called the current deal "a dirty and underhanded trick."
- Remember, it's Trump and Chinese government officials who need to sign off on any final deal. People like Steve Mnuchin and Larry Ellison and ByteDance CEO Zhang Yiming don't get votes.
- Sources continue to disagree on whether China has quietly given its blessing to the current structure (i.e., ByteDance wouldn't be negotiating otherwise) or if its demands are yet to come.
The bottom line: We often talk about how difficult it is to get laws passed heading into an election. This might be the first time that the same applies to a business transaction.
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.