meta_pixel
Tapesearch Logo
Log in
The Intelligence from The Economist

Bytes and pieces: America’s Chinese-tech attack

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 10 August 2020

⏱️ 21 minutes

🧾️ Download transcript

Summary

First it was Bytedance’s app TikTok, now it’s Tencent’s WeChat: the Trump administration’s fervour to ban or dismantle wildly popular Chinese apps is increasing. In these straitened times, employees naturally worry that robots and software are coming for jobs—but the pandemic may actually slow that transition. And Britain’s government suggests slimming down even as it subsidises meals out.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:10.2

Every weekday we provide a fresh perspective on the events shaping your world.

0:18.1

Employees everywhere are worried. There's a crippling recession, furloughs, and job cuts

0:23.4

to come. One thing not to worry too much about, though, is more automation. Robots and

0:29.4

software taking jobs. Turns out the pandemic might actually slow that transition.

0:36.1

And since his time as a COVID-19 patient, Britain's Prime Minister has taken an unusual interest

0:41.5

in matters of obesity. It's a known risk factor. But at the same time, his government is giving

0:46.9

away cash for people to dine out. Guess we'll eat and run.

0:56.0

But first, as the heads of Amazon, Alphabet, Facebook, and Apple were being berated

1:02.7

in Congress last month. How many competitors did Facebook end up copying?

1:06.8

We called it Amazon Heroine. Why does Google steal content from honest businesses?

1:12.6

TikTok, the goofy, funny video sharing app, was having an altogether better time of it.

1:17.3

We're looking at TikTok. We may be banning TikTok. On Thursday, the Trump administration

1:33.1

issued a deadline of September 20th for ending all American transactions with bite dance,

1:38.5

TikTok's parent company, as well as with WeChat, which is owned by China's second most

1:43.1

valuable tech company, Tencent.

1:55.9

China's government called the executive orders a negatively hegemonic act. Bite dance

2:00.6

is now looking for a fire sale buyer for some of its international TikTok operations,

2:05.4

and it seems Microsoft is checking its pockets. But the administration's zeal is likely

2:10.6

to harm America's interests as well as the Chinese tech champions.

2:14.6

We knew that a ban was in the offing, but it still took everyone by surprise.

2:18.6

Tamsen Booth is the economist's technology and business editor.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.