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
Quick Glance: What Lies Ahead for TikTok in the US?
- The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.
- President Joe Biden has confirmed his intention to sign the legislation on Wednesday.
- ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
US economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, US Treasury Secretary Janet Yellen told @Reuters ... Show more www.reuters.com/markets/us/yellen-says-economy-performing-well-inflation-will-ebb-2024-04-25/
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/
Quick Glance: Potential Buyers for TikTok Revealed
- The clock is ticking for TikTok to find a new owner. President Joe Biden signed a law that could ban TikTok in the US unless ByteDance sells the app. Possible buyers range from tech companies to retailers and investment bankers.
- Established tech giants like Meta or Google are unlikely buyers due to antitrust hurdles. Large companies with deep pockets face regulatory skepticism, although they could have the resources to purchase TikTok.
- Microsoft, which has shown interest in TikTok in the past, may have another opportunity after successfully navigating antitrust scrutiny with the Activision Blizzard deal. Oracle and former US government officials like Steven Mnuchin are also potential buyers.
- Mnuchin has announced assembling a team of investors to acquire TikTok. His offer, however, might exclude TikTok's algorithm, sparking controversial discussions. Other potential buyers like Kevin O'Leary are also considering acquiring TikTok, with O'Leary suggesting an initial bid between $20 and $30 billion.
China Carbon Permits to Benefit Clean Energy, Hasten End of Coal Plants - Bloomberg
bloomberg.com/news/articles/2024-04-25/china-s-carbon-milestone-to-benefit-clean-energy-providers
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How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
China’s young people are rushing to buy gold: They seek security in troubled times
economist.com/china/2024/04/25/chinas-young-people-are-rushing-to-buy-gold
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What a TikTok ban in the US could mean for you: No, TikTok will not suddenly disappear from your phone. Nor will you go to jail if you continue using it after it ...
thehill.com/homenews/ap/ap-top-headlines/ap-us-banning-tiktok-your-key-questions-answered/
China summons German ambassador after spying arrests: The German ambassador to China was summoned by Beijing on Thursday in response to several arrests in ...
reuters.com/world/europe/china-summons-german-ambassador-after-spying-arrests-2024-04-25/
US wants allies to cut chip-related China exports amid Huawei alarm : Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and ...
ft.com/content/4ecea0a7-a5cd-40b0-8a24-b72c1c1a8996
Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
reuters.com/technology/huawei-led-chinese-firms-aim-make-advanced-memory-chips-by-2026-information-2024-04-25/
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
Blinken to meet businesses in Shanghai as he kicks off a tough China trip: U.S. Secretary of State Antony Blinken will meet business leaders in Shanghai on ...
reuters.com/world/blinken-meet-businesses-shanghai-he-kicks-off-tough-china-trip-2024-04-25/
Quick Glance: China warns US to Choose Cooperation or Confrontation with Antony Blinken
- Blinken expected to demand Beijing cease support for Russia
- Tensions rise over accusations of China aiding Russia in Ukraine
- US accused of hindering Chinese industrial growth through export controls
- US and China seek to stabilize relations before US election campaign
Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
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Quick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
- Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.
- Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.
- Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.
- Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
China 2024 Growth Outlook Raised to 4.8%, Deflation Risk Lingers: Analysts upgraded their forecast for China’s growth this year after a better-than-expected ...
bloomberg.com/news/articles/2024-04-24/china-2024-growth-outlook-raised-to-4-8-deflation-risk-lingers
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reuters.com/business/autos-transportation/xiaomi-locks-over-75000-orders-su7-car-targets-over-10000-deliveries-june-2024-04-25/
UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market: When it comes to Chinese real estate, John Lam is a lone wolf.
bloomberg.com/news/articles/2024-04-25/ubs-analyst-who-cut-evergrande-turns-bullish-on-property
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
China Creates 'Neucyber,' Its Version of a Neuralink Brain Chip: China has reportedly developed a brain-computer interface chip called Neucyber that allows a ...
pcmag.com/news/china-creates-neucyber-its-version-of-neuralink-brain-chip
The tech wars are about to enter a fiery new phase: America, China and the battle for supremacy
economist.com/international/2024/04/25/the-tech-wars-are-about-to-enter-a-fiery-new-phase
China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
BHP's proposed bid for Anglo American is a big bet on copper: BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a ...
reuters.com/markets/commodities/bhps-proposed-bid-anglo-american-is-big-bet-copper-2024-04-25/
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
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/
How strong is India’s economy?: It isn’t the next China, but it could still transform itself and the world
economist.com/leaders/2024/04/25/how-strong-is-indias-economy
New ASML boss Fouquet must navigate US/China chip war: ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech ...
reuters.com/technology/new-asml-boss-fouquet-must-navigate-uschina-chip-war-2024-04-25/
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
Electric-Vehicle Maker Polestar Is Making a Smartphone as a Companion to Its Cars
cnet.com/tech/electric-vehicle-maker-polestar-is-making-a-smartphone-as-a-companion-to-its-cars/
China stands by economic data, says defence spending 'transparent': China defended the veracity of its economic numbers and asserted its military spending was ...
reuters.com/world/china-stands-by-economic-data-says-defence-spending-transparent-2024-04-25/
Republican China hawks criticize Intel chip in new Huawei laptop: Republican China hardliners Marco Rubio and Elise Stefanik are calling on the Biden ...
reuters.com/world/us/republican-senator-rubio-calls-blocking-all-us-sales-huawei-2024-04-25/
Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
XPeng CEO says its software, AI upgrades to enter 'super fast cycle': Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial ...
reuters.com/business/autos-transportation/xpeng-ceo-says-its-software-ai-upgrades-enter-super-fast-cycle-2024-04-25/
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
Focus: China's BYD seeks to redefine luxury for the EV generation: Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show ...
reuters.com/business/autos-transportation/chinas-byd-seeks-redefine-luxury-ev-generation-2024-04-24/
Beijing Xinzhida Neurotechnology, a Chinese state-backed company, unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink
reut.rs/4aPv2Tk
Huawei’s new Pura 70 series smartphone poses a threat to iPhone sales in China, say analysts
scmp.com/tech/big-tech/article/3259655/huaweis-new-pura-70-series-smartphone-poses-threat-iphone-sales-china-say-analysts
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.
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Probe-of-PwC-s-Evergrande-conduct-casts-shadow-on-Big-Four-auditors
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German spy agency warns companies against being too "naive" on China: Germany's domestic spy agency told companies on Wednesday they should be on guard against ...
reuters.com/world/europe/german-spy-agency-warns-companies-against-being-too-naive-china-2024-04-24/
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Why a stronger dollar is dangerous: It sets the stage for a nasty new Trump-China clash, among other things
economist.com/finance-and-economics/2024/04/23/why-a-stronger-dollar-is-dangerous
Ray Chan sadly passed away earlier this week.
He served as supervising art director on many MCU films & as production designer on ‘Deadpool & ... Show more
Chinese EV startup Nio sets starting price for new version of ET7 sedan: Chinese electric vehicle (EV) startup Nio has set the starting price of the new version ...
reuters.com/business/autos-transportation/chinese-ev-startup-nio-sets-starting-price-new-version-et7-sedan-2024-04-25/
Investigation process is being examined: Krah's China course is even offensive to AfD politicians
n-tv.de/mediathek/videos/politik/Krahs-China-Kurs-stoesst-selbst-AfD-Politikern-auf-article24899909.html
Micron secures $13bn in US support to expand chipmaking capacity: Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips Act
ft.com/content/084c5cce-3734-4c28-8cab-ee1ecaa7e402
Volkswagen aims to keep China market share stable as price war rages: Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade ...
reuters.com/business/autos-transportation/volkswagen-aims-maintain-15-market-share-china-2030-country-chief-says-2024-04-24/
Hermes Defies Luxury Slowdown With Sales Jump in Asia: Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a ...
bloomberg.com/news/articles/2024-04-25/hermes-defies-luxury-slowdown-with-sales-jump-in-asia
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reuters.com/podcasts/podcast-tiktok-countdown-trumps-foreign-courters-boeing-plastic-divide-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
🔊 The US Senate passes a bill to force TikTok's Chinese owner ByteDance to sell it or face a ban. Find out the latest on the Reuters World News podcast
reut.rs/4ddKPNn
China's mega-telcos are spending billions on AI servers: China Mobile alone wants almost 8,000 machines
theregister.com/2024/04/24/china_telcos_buying_ai_servers/
China’s ByteDance must sell its ownership stake in the popular social media app TikTok within the next year or the app could be banned in the United States ... Show more
Toyota partners with Tencent to appeal to young Chinese drivers: Toyota Motor on Thursday said it will partner Chinese gaming and social media leader Tencent in ...
reuters.com/markets/asia/toyota-says-partner-with-tencent-china-2024-04-25/
Who paid for flights to China?: Contradictory information about China funds weighs on Krah
n-tv.de/politik/Widerspruechliche-Angaben-zu-China-Geldern-belasten-Krah-article24899155.html
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.
Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
cnn.com/2024/04/23/tech/huawei-apple-smartphone-sales-china-hnk-intl/
Taiwan happy with US aid package, China objects to arms sales: Taiwan President Tsai Ing-wen said on Wednesday she was happy the U.S. Congress had passed a ...
reuters.com/world/asia-pacific/taiwan-happy-with-us-aid-package-china-objects-arms-sales-2024-04-24/
Huawei's New Phone Uses Satellites for Image Sharing, No Internet Required: The Pura 70 Ultra has a satellite connectivity feature designed for use in ...
cnet.com/tech/mobile/huaweis-new-phone-uses-satellites-for-image-sharing-no-internet-required/
Hermes 1st quarter sales jump 17% on strong China demand: Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday ...
reuters.com/business/retail-consumer/hermes-q1-sales-jump-17-growth-across-regions-2024-04-25/
BYD unveils Denza Z9GT, elevating China's EV luxury segment : Chinese electric vehicle (EV) manufacturer BYD is set to debut its upscale brand, Denza ...
wionews.com/business-economy/byd-unveils-denza-z9gt-elevating-chinas-ev-luxury-segment-714787
China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
apnews.com/article/finland-estonia-gas-pipeline-balticconnector-china-79e29d7588aca32fe8ea4cdec96adaa9
The Delusion of Peak China: America Can't Wish Away Its Toughest Challenger: America can't wish away its toughest challenger.
foreignaffairs.com/china/delusion-peak-china-united-states-evan-medeiros
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Mandopop star Jay Chou to perform three shows at National Stadium in October: It will be the third time the Taiwanese singer's Carnival World Tour is staged in ...
straitstimes.com/life/entertainment/mandopop-star-jay-chou-to-perform-three-shows-at-national-stadium-in-october
Chinese Tourists Are Again Embracing International Travel in 2024: Countries that have relaxed entry requirements are best poised to reap the economic rewards in ...
bloomberg.com/news/articles/2024-04-24/chinese-tourists-are-again-embracing-international-travel-in-2024
China's Huawei launches new software brand for intelligent driving: Chinese tech company Huawei (HWT.UL) unveiled on Wednesday a new software brand for ...
reuters.com/technology/chinas-huawei-launches-new-software-intelligent-driving-2024-04-24/
China’s edge in flying cars and an Asian tag-team in AI: The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
ft.com/content/096fef79-df19-4cf4-9502-a4154550eafc
Stranded cargo shows credit challenges at Nigeria's Dangote refinery: Chinese state energy major PetroChina has been waiting to unload a cargo of U.S ...
reuters.com/markets/commodities/stranded-cargo-shows-credit-challenges-nigerias-dangote-refinery-2024-04-25/
Ad group WPP trails rivals with decline in organic revenue: Britain's WPP became a clear laggard among global ad companies with a drop in organic revenue drop in ...
reuters.com/business/media-telecom/ad-group-wpp-reports-16-drop-first-quarter-organic-growth-2024-04-25/
ASUS ROG Strix Scar 16 review: Ticks all right boxes for a gaming laptop: ASUS Gaming Laptop: Priced at Rs 329,990, the ASUS ROG Strix Scar comes remarkably ...
business-standard.com/technology/tech-reviews/asus-rog-strix-scar-16-review-ticks-all-right-boxes-for-a-gaming-laptop-124042500345_1.html
Chinese EV maker Xpeng says partnership with Nvidia unaffected by US trade sanctions
scmp.com/tech/big-tech/article/3260387/chinese-ev-maker-xpeng-says-partnership-nvidia-unaffected-us-trade-sanctions
China evacuates entire town as record rains, winds lash its south: BEIJING, April 25 (Reuters) - Relentless rains, hail and winds of near hurricane intensity ...
dailymaverick.co.za/article/2024-04-25-china-evacuates-entire-town-as-record-rains-winds-lash-its-south/
Country Garden Extends Bonds to Avoid First Local Default: Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader ...
bloomberg.com/news/articles/2024-04-24/country-garden-extends-bonds-to-avoid-first-local-default
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Beijing car show points to all-electric future as local brands dominate: China's largest motor show opened in Beijing on Thursday with the biggest names ...
timeslive.co.za/motoring/news/2024-04-25-beijing-car-show-points-to-all-electric-future-as-local-brands-dominate/
Exclusive: China's Sinopec charts global expansion with refinery in rival India's backyard
reuters.com/markets/commodities/chinas-sinopec-charts-global-expansion-with-refinery-rival-indias-backyard-2024-04-25/
Don’t be gloomy about Tesla and its EV rivals : The industry has had a terrible few months. But demand is likely to pick up
economist.com/leaders/2024/04/24/dont-be-gloomy-about-tesla-and-its-ev-rivals
VW, BMW and Mercedes continue to fall: “The German car manufacturers are in a trap”
fr.de/wirtschaft/vw-bmw-mercedes-stuerzen-ab-china-verbrenner-markt-schrumpft-e-auto-boom-93032787.html
British commodities platform Marex prices US IPO at $1.35 bln valuation: British commodities platform Marex Group set the pricing of its U.S ...
reuters.com/markets/deals/british-commodities-platform-marex-prices-us-ipo-135-bln-valuation-2024-04-25/
XMAS & NEW YEAR: Oslo, Norway to Beijing, China for only €390 roundtrip: Christmas and New Year flights from Oslo, Norway to Beijing, China for only €390 ...
secretflying.com/posts/oslo-norway-to-beijing-china-for-only-e218-roundtrip/
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