Amid growing concerns over Big Tech firms aligning with Trump administration policies, people are starting to move their digital lives to services based overseas. Here's what you need to know.
Under the terms of the contract, the Chinese group has the possibility of converting its obligations within two years in order to become a minority shareholder in the French group - in the order of 5 to 7.5% of the capital, according to the documents obtained by Politico. But such a scenario, which would allow Huawei to influence Qwant’s strategy, can only be achieved if the Chinese group obtains prior among other conditions. According to Politico, this mechanism reassured the Deposit Fund. Qwant, on the other hand, assures that Huawei is not trying to get into its capital.
So, a 2021 source says Huawei, in accordance with agreements, could possibly take a 5 to 7.5% stake as long as they did it within two years. It then states that this isn’t something Huawei actually intends to go ahead with.
It’s been well over two years, Huawei indeed didn’t take a stake in Qwant, and Qwant is still entirely French-German.
With that above information, you went online and lied, saying Huawei owns Qwant. They do not. You lied. And now you’re doubling down on it.
Bit suspicious, by the way, that you’re a new account with only 3 comments, all of which spreading misinformation.
We are literally watching ICE kidnap people in the USA with legal resident status and deporting them or transferring them to detention centers, and somehow people are downvoting you.
Qwant is owned by Huawei. Leaving Trumplandia for Xi…
No it isn’t.
Why are you lying like this? What’s the goal?
Qwant is based in Paris and its owners are:
Jean-Manuel Rozan
Éric Léandri
Patrick Constant
Caisse des dépôts et consignations (basically a public investment institution owned by the French government)
Groupe Axel Springer (an online media company based in Germany)
So again: why did you lie? What’s the goal here?
That last bullet point is indeed a negative for Qwant.
https://www.lefigaro.fr/flash-eco/le-geant-chinois-huawei-va-financer-le-moteur-de-recherche-qwant-pour-8-millions-d-euros-20210614
This source backs me up, not you.
So, a 2021 source says Huawei, in accordance with agreements, could possibly take a 5 to 7.5% stake as long as they did it within two years. It then states that this isn’t something Huawei actually intends to go ahead with.
It’s been well over two years, Huawei indeed didn’t take a stake in Qwant, and Qwant is still entirely French-German.
With that above information, you went online and lied, saying Huawei owns Qwant. They do not. You lied. And now you’re doubling down on it.
Bit suspicious, by the way, that you’re a new account with only 3 comments, all of which spreading misinformation.
Can you back that claim up at all? Qwant is not owned by Huawei. They don’t even hold shares as far as I can tell.
8 million convertible bounds in a company that hasn’t turned a profit. Sure no risk at all.
Xi isn’t going to take me away to special education camps. They can have my data.
We are literally watching ICE kidnap people in the USA with legal resident status and deporting them or transferring them to detention centers, and somehow people are downvoting you.
The Uyghurs disagree.
that is true until trump starts sending political prisoners to China.
Pretty sure they already have detention centers wjere they send their “unwanted”.
Yeah, but if you’re in the US, you’d be more concerned about the US authorities.
Literally
You do sound special
Yet…
Why would he start? Meanwhile Trump is already an active threat today.