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Why the U.S. Is Forcing TikTok to Be Sold or Banned: Lawmakers in numerous countries have expressed concerns that TikTok, which is owned by the Chinese company ...
nyti.ms/3vX3kVT
Why the U.S. Is Forcing TikTok to Be Sold or Banned
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
  • President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.

  • This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.

  • TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.

  • This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
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Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
cnn.com/2024/04/24/tech/tiktok-ban-bytedance-split-the-world-further-intl-hnk/
Banning TikTok would hit China’s tech ambitions and deepen the global ...
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Beijing auto show welcomes world as China's carmakers aim to conquer it: HONG KONG -- Beijing's premier automobile exhibition is back after a four-year ...
asia.nikkei.com/Business/Automobiles/Beijing-auto-show-welcomes-world-as-China-s-carmakers-aim-to-conquer-it
Beijing auto show welcomes world as China's carmakers aim to conquer it
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Congress passes bill that could ban TikTok after years of false starts: Lawmakers sped a possible TikTok ban through Congress by tying it to a sprawling funding ...
washingtonpost.com/technology/2024/04/23/tiktok-ban-senate-vote-sale-biden/
Congress passes bill that could ban TikTok after years of false starts
Quick Glance: San Francisco's Real Estate Market in Turmoil
  • The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.

  • In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.

  • Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'

  • San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
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Viral Finish, Cheating Rumors at Beijing Half Marathon Make ‘Mockery’ of Chinese Running
time.com/6967306/beijing-half-marathon-cheating-investigation-he-running-pacers/
Viral Finish, Cheating Rumors at Beijing Half Marathon Make ‘Mockery’ of ...
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
  • Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.

  • A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.

  • The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.

  • The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
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President Joe Biden signed a bill into law that bans TikTok in the US if its owner, the Chinese tech firm ByteDance, fails to divest the popular short video ... Show more   #Reuters   #video   #news   #TikTok   #ByteDance   #trends   #JoeBiden   #2024election   #China   #trade   #business
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
  • The Supreme Court seems divided on access to emergency abortions in states with near-total bans.

  • The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.

  • The debate raises questions about fetal personhood and abortion rights conflict.

  • The court's decision could affect abortion access in 14 states with strict abortion bans.
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China's Xiaomi jumps into EV market battle with gusto Smartphone maker hopes to turn 'Apple Car' idea into reality: asia.nikkei.com/Business/Automobiles/China-s-Xiaomi-jumps-into-EV-market-battle-with-gusto
Quick Glance: Xiaomi's Entry into the EV Market Battle
  • Xiaomi's new SU7 model EV offers performance equal to or better than that of their much pricier American and European competitors.

  • Xiaomi, one of the world's largest smartphone makers, has entered the electric vehicle market, releasing a model that is priced at less than half of EVs offered by Tesla from the U.S. and Porsche from Germany, despite offering better performance than these prestigious brands.

  • Xiaomi CEO Lei Jun passionately discussed his company's first EV, the SU7, unveiling the price of the sporty vehicle and technical specifications that surpass the American and German cars.

  • The Xiaomi presentation in Beijing on March 28 lasted three hours, with the climax near the end when the price of the vehicle was displayed on screen, prompting applause from the audience.
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The relationships between AfD politicians and China and Russia are close. It is therefore implausible to pretend to be clueless when it comes to suspicions of ... Show more   taz.de/AfD-Mitarbeiter-wegen-Spionage-verhaftet/!6003400/
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
  • The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.

  • The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.

  • Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.

  • On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
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BYD unveils third ultra-luxury model under Yangwang brand: Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang ...
reuters.com/business/autos-transportation/byd-unveils-third-ultra-luxury-model-under-yangwang-brand-2024-04-25/
BYD unveils third ultra-luxury model under Yangwang brand
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China Car Show Latest: Cutthroat Market, Expansion Plans: Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western ...
bloomberg.com/news/articles/2024-04-25/china-car-show-latest-flashy-models-rolled-out-to-win-customers
China Car Show Latest: Cutthroat Market, Expansion Plans
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No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
No Substitute for Victory: America’s Competition With China Must Be Won ...
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China’s Alternative Order: And What America Should Learn From It: And what America should learn from it.
foreignaffairs.com/china/chinas-alternative-order-xi-jinping-elizabeth-economy
China’s Alternative Order: And What America Should Learn From It
Profile picture of Time
In China, Blinken Tries to Fix the Unfixable: U.S. Secretary of State Antony Blinken has put on a friendly face during his visit to Shanghai ...
time.com/6970865/antony-blinken-us-china-relations-shanghai-beijing-visit/
In China, Blinken Tries to Fix the Unfixable
Quick Glance: Deep Disagreements Despite Improved US-China Relations
  • US Secretary of State Antony Blinken arrives in Shanghai to engage with his Chinese counterparts.

  • Although US-China ties are on a steadier footing, numerous unresolved issues persist.

  • Topics such as trade, military communication, and tensions in Taiwan strain relations.

  • The US threatens sanctions against Chinese firms supporting Russia in the Ukraine conflict.
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China’s GDP jumps 5.3% in first quarter: Growth rate beats expectations as Beijing tries to steer manufacturing-led economic revival
ft.com/content/211467a7-5f5f-4cc7-b6fd-cd4a34eb582e
China’s GDP jumps 5.3% in first quarter
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Samsung retakes spot as top-selling phonemaker over Apple: Samsung ranked as the top seller among smartphone manufacturers in the first quarter, edging out Apple ...
thehill.com/business/4594854-samsung-retakes-spot-as-top-selling-phonemaker-over-apple/
Samsung retakes spot as top-selling phonemaker over Apple
Quick Glance: iPhone sales plummet. Here's why
  • Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.

  • Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.

  • The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.

  • Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
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To beat China EVs, Honda supplier and ArcelorMittal look beyond gigacasting: TOKYO -- Honda Motor group supplier G-Tekt will partner with global steelmaking ...
asia.nikkei.com/Business/Automobiles/To-beat-China-EVs-Honda-supplier-and-ArcelorMittal-look-beyond-gigacasting
To beat China EVs, Honda supplier and ArcelorMittal look beyond ...
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Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020: Apple Inc.’s iPhone sales in China fell 19% during the March quarter ...
bloomberg.com/news/articles/2024-04-23/apple-s-china-iphone-sales-dive-19-in-worst-quarter-since-2020
Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020
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China Braces for Worst as It Becomes Punching Bag in US Election: With Beijing already becoming a top target in the US election campaign, President Xi Jinping’s ...
bloomberg.com/news/articles/2024-04-21/china-braces-for-worst-as-it-becomes-punching-bag-in-us-election
China Braces for Worst as It Becomes Punching Bag in US Election
Quick Glance: China Gears Up for Worst Amid US Election Focus
  • Beijing becomes a top target in the US election campaign, prompting a measured response from China.

  • China responds moderately to US actions such as symbolic tariffs and investigations.

  • Emphasis on the importance of US relationship and reliance on American consumer.

  • Efforts to stabilize US-China ties amidst election rhetoric and tensions.
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BNP Paribas Hires 30 for China Securities Business After Exit 17 Years Ago: BNP Paribas SA has hired close to 30 people to launch its securities operation in ...
bloomberg.com/news/articles/2024-04-22/bnp-paribas-hires-30-for-china-securities-business
BNP Paribas Hires 30 for China Securities Business After Exit 17 Years Ago
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China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
cnbc.com/2024/04/24/chinas-xiaomi-is-selling-so-many-electric-cars-its-closer-to-breaking-even.html
China's Xiaomi is selling more EVs than expected, raising hopes it can ...
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Tesla to lay off more than 10% of staff globally as sales fall: Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by ...
channelnewsasia.com/business/tesla-layoffs-shares-fall-sales-slowdown-china-price-war-byd-xiaomi-4266676
Tesla to lay off more than 10% of staff globally as sales fall
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Chinese online retailer global.jd.com/ is turning to a digital avatar of its founder, Richard Liu, to host live sales as it fights to compete in the nation's thriving ... Show more   asia.nikkei.com/Business/Technology/JD.com-enlists-digital-Richard-Liu-avatar-in-live-commerce-battle
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Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says
cnbc.com/2024/04/23/apple-iphone-sales-drop-19percent-in-china-as-huawei-demand-soars-counterpoint.html
Apple iPhone sales drop 19% in China as demand for Huawei smartphones ...
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Looking for a new job? Haidilao is hiring a private tutor, offers pay of at least $4,500
asiaone.com/lifestyle/looking-new-job-haidilao-hiring-private-tutor-offers-pay-least-4500
Looking for a new job? Haidilao is hiring a private tutor ...
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US Firms Still Cautious About Investing in China, AmCham Says: US companies are wary about investing in China because of policy unpredictability ...
bloomberg.com/news/articles/2024-04-23/us-firms-still-cautious-about-investing-in-china-amcham-says
US Firms Still Cautious About Investing in China, AmCham Says
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Upcoming China train station looks like a sanitary pad, say netizens: The design was approved by the the government in Jiangsu province and the China Railway ...
straitstimes.com/asia/east-asia/upcoming-china-train-station-looks-like-a-sanitary-pad-say-netizens
Upcoming China train station looks like a sanitary pad, say netizens
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Huawei expands EV self-driving tech as Xiaomi brings new competition: China's Huawei Technologies is putting its self-driving technology into a wider range ...
asia.nikkei.com/Spotlight/Electric-cars-in-China/Huawei-expands-EV-self-driving-tech-as-Xiaomi-brings-new-competition
Huawei expands EV self-driving tech as Xiaomi brings new competition
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Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
Beijing powers up into car wars battleground
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Tesla price cuts in China spark wider EV discounts: SHANGHAI -- Tesla and Chinese electric vehicle startup Li Auto have announced the latest discounts for ...
asia.nikkei.com/Spotlight/Electric-cars-in-China/Tesla-price-cuts-in-China-spark-wider-EV-discounts
Tesla price cuts in China spark wider EV discounts
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If Apple loses against China so will the West: According to figures out on Monday, Apple is no longer the world’s biggest manufacturer of smartphones after a ...
spectator.co.uk/article/if-apple-loses-against-china-so-will-the-west/
If Apple loses against China so will the West
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Is the US banning TikTok? What the sell-or-ban bill just passed by Congress means for you.
usatoday.com/story/money/2024/04/19/tiktok-ban-bill-law/73377253007/
Is the US banning TikTok? What the sell-or-ban bill just passed by ...
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VW, BMW Out to Prove They’re Not a Spent Force at China Car Show: Germany’s leading automakers from Volkswagen AG to BMW AG are attempting to mount a comeback in ...
bloomberg.com/news/articles/2024-04-23/vw-bmw-out-to-prove-they-re-not-a-spent-force-at-china-car-show
VW, BMW Out to Prove They’re Not a Spent Force at China Car Show
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Car giants vie for EV crown at Beijing's Auto China show: BEIJING: Chinese car giants locked in a cut-throat price war descend on the capital for the start of ...
channelnewsasia.com/business/car-giants-ev-beijing-auto-china-show-tesla-xiaomi-4290476
Car giants vie for EV crown at Beijing's Auto China show
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Apple Says It Was Ordered to Pull WhatsApp From China App Store: Apple said it removed WhatsApp and Threads in its China app offerings Friday on Beijing’s orders ...
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Apple Says It Was Ordered to Pull WhatsApp From China App Store
Quick Glance: Apple removes WhatsApp and Threads in China
  • Apple removes Meta-owned apps under Chinese government pressure.

  • Apps delisted due to 'national security concerns'.

  • Chinese users now unable to download Western social media apps.

  • Apple faces declining iPhone sales in China despite branding efforts.