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TikTok ban: ByteDance would rather shut app down than sell, insiders say: TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell ...
scmp.com/news/world/united-states-canada/article/3260400/tiktok-ban-bytedance-would-rather-shut-app-down-sell-insiders-say
TikTok ban: ByteDance would rather shut app down than sell, insiders say
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
  • ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.

  • TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.

  • ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.

  • After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
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Huawei retakes crown in China handset market as Apple sinks to fifth: TAIPEI/TOKYO -- Huawei has returned to the top of China's smartphone market after ...
asia.nikkei.com/Business/China-tech/Huawei-retakes-crown-in-China-handset-market-as-Apple-sinks-to-fifth2
Huawei retakes crown in China handset market as Apple sinks to fifth
Quick Glance: Huawei regains dominance in China's smartphone market as Apple drops to fifth position
  • Following an ambitious comeback, Huawei has regained the top spot in China's smartphone market, while Apple has dropped to fifth in shipments in Asia's largest economy.

  • The latest figures for the first quarter of 2024, released by analytics company Canalys, reveal that Huawei shipped 11.7 million smartphones in China, marking a 70% increase from the previous year when the company was working to revitalize its handset business amidst U.S. sanctions.
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China and US should be ‘partners, not rivals’, Xi tells Blinken: China says it prefers to bolster its ties with the United States, but considerable challenges ...
aljazeera.com/news/2024/4/26/china-and-us-should-be-partners-not-rivals-xi-tells-blinken
China and US should be ‘partners, not rivals’, Xi tells Blinken
Quick Glance: China Emphasizes Stronger Collaboration with US Amid Challenges
  • China stresses the importance of enhanced cooperation with the United States despite facing significant obstacles.

  • Xi emphasized to the US Secretary of State on Friday that the two superpowers 'should be partners rather than rivals' and should support each other's success, as reported by the state news agency Xinhua.

  • During the five and a half hours of discussions, Blinken raised the issue of 'Chinese support to the Russian defence industrial base', and contentious topics such as Taiwan and the South China Sea were also addressed.

  • Recent years have seen tumultuous China-US relations, exacerbated by factors including a trade war, a visit by then-House of Representatives Speaker Nancy Pelosi to Taiwan in 2022, and a dispute over the US downing of a suspected Chinese surveillance balloon last year.
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AfD leader Chrupalla justifies actions in Russia on “Maybritt Illner” and China affair​
rp-online.de/politik/deutschland/afd-chef-chrupalla-rechtfertigt-bei-maybritt-illner-agieren-in-russland-und-china-affaere_aid-111394343
AfD leader Chrupalla justifies actions in Russia on “Maybritt Illner” and ...
Quick Glance: Clash over AfD's Corruption Allegations
  • Despite corruption allegations, the AfD stands by its EU lead candidates, sparking a heated debate on 'Maybrit Illner.'

  • Concerns arise over potential bribery involving Krah and Bystron, despite no legal guilt being proven.

  • Internal distancing within the AfD and criticism of a lack of transparency regarding the candidates ensue.

  • The discussion concludes with the possibility of the AfD's list changes for the European elections being invalidated.
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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
Toyota teams up with Tencent for drive into China's EV market
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.
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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
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
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RIP, SSF: Unpacking the PLA’s Latest Restructuring: The Strategic Support Force is no more, and its functions are being separated into three separate arms: the ...
thediplomat.com/2024/04/rip-ssf-unpacking-the-plas-latest-restructuring/
RIP, SSF: Unpacking the PLA’s Latest Restructuring
Profile picture of Saudi Gazette/
Vision 2030: 87% of initiatives on track or completed: Vision 2030: 87% of initiatives on track or completed
saudigazette.com.sa/article/642408
Vision 2030: 87% of initiatives on track or completed
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Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
Huawei's smart car tech offers automakers route to China sales
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Makkah medical team saves Pakistani pilgrim after severe heart attack while performing Umrah
saudigazette.com.sa/article/642339
Makkah medical team saves Pakistani pilgrim after severe heart attack ...
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Nidec faces market pressure as founder rips 'unfair' China EV war: TOKYO -- Cutthroat competition in China's electric vehicle sector has cast a shadow over ...
asia.nikkei.com/Business/Markets/Nidec-faces-market-pressure-as-founder-rips-unfair-China-EV-war
Nidec faces market pressure as founder rips 'unfair' China EV war
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Auto China: China's car manufacturers play in a different league: Car manufacturers from Europe want to prove at the “Auto China” trade fair in Beijing that they ...
wiwo.de/unternehmen/auto/automesse-in-peking-chinas-autohersteller-spielen-in-einer-anderen-liga-/29773666.html
Auto China: China's car manufacturers play in a different league
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Chinese fast-fashion app Shein will face tougher EU tech rules: Europe tightens scrutiny of China-based tech companies.
politico.eu/article/chinese-fast-fashion-app-shein-will-face-tougher-eu-tech-rules/
Chinese fast-fashion app Shein will face tougher EU tech rules
Profile picture of Nikkei Asia
Blinken spars with China on Russia support, industrial overcapacity: HONG KONG/TOKYO -- U.S. Secretary of State Antony Blinken on Friday said he pressed China ...
asia.nikkei.com/Politics/International-relations/US-China-tensions/Blinken-spars-with-China-on-Russia-support-industrial-overcapacity
Blinken spars with China on Russia support, industrial overcapacity
Profile picture of Saudi Gazette/
Saudi Arabia starting direct flights between Dammam and Najaf: Saudi Arabia starting direct flights between Dammam and Najaf
saudigazette.com.sa/article/642426
Saudi Arabia starting direct flights between Dammam and Najaf
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China passes tariff law as tensions with trading partners simmer: China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit ...
reuters.com/world/china/china-passes-tariff-law-tensions-with-trading-partners-simmer-2024-04-26/
China passes tariff law as tensions with trading partners simmer
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Apple moves closer to China despite supply chain shifts: TAIPEI -- Apple is deepening its ties with China even as it further expands production in Southeast Asia ...
asia.nikkei.com/Business/Business-Spotlight/Apple-moves-closer-to-China-despite-supply-chain-shifts
Apple moves closer to China despite supply chain shifts
Quick Glance: Apple deepens ties with China amidst supply chain shifts
  • Apple is increasing the number of China-based suppliers and Chinese manufacturing sites while decreasing the number of suppliers from Taiwan, the U.S., Japan, and South Korea.

  • The company is navigating a balancing act between politics and business by expanding its production in Southeast Asia and India.

  • This trend is evident in Apple's latest official supplier list, highlighting China's growing importance.
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China warns Blinken over deteriorating ties in talks: China on Friday urged US Secretary of State Antony Blinken to address rising disagreements or risk a ...
english.alarabiya.net/News/world/2024/04/26/china-warns-blinken-over-deteriorating-ties-in-talks
China warns Blinken over deteriorating ties in talks
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'Negative' factors building in US-China ties, foreign minister Wang tells Blinken
channelnewsasia.com/world/us-china-ties-wang-blinken-beijing-talks-4293906
'Negative' factors building in US-China ties, foreign minister Wang tells ...
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Ukraine war: US secretly sends long-range missiles to help Kyiv: The weapons were part of a $300m ($240m) aid package that was approved by US President Joe Biden ...
saudigazette.com.sa/article/642390
Ukraine war: US secretly sends long-range missiles to help Kyiv
Quick Glance: USA Provides Ukraine with Long-Range ATACMS Missiles
  • The USA delivered short-range ATACMS missiles with extended range to Ukraine to protect the country.

  • The delivery was discreet, part of an aid package to maintain Ukraine's operational security.

  • The USA previously provided ATACMS missiles with a range of 165 km last year, now supplying missiles with up to 300 km range.

  • Germany rejects providing the Taurus missile while the USA offers extensive aid to Ukraine.
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Deterring China one big reason US aiding Ukraine: The Senate overwhelmingly approved a US$95.3 billion foreign aid funding package for Ukraine ...
asiatimes.com/2024/04/deterring-china-one-big-reason-us-aiding-ukraine/
Deterring China one big reason US aiding Ukraine
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
  • President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.

  • Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.

  • The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.

  • Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Profile picture of Nikkei Asia
Copper hits 2-year high above $10,000 on China squeeze: TOKYO -- Copper prices rose the highest in two years Friday amid signs of a tighter supply-demand ...
asia.nikkei.com/Business/Markets/Commodities/Copper-hits-2-year-high-above-10-000-on-China-squeeze
Copper hits 2-year high above $10,000 on China squeeze
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No limit to how low the yen will go: TOKYO - Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere? It’s not where ...
asiatimes.com/2024/04/no-limit-to-how-low-the-yen-will-go/
No limit to how low the yen will go
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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
Huawei’s new Pura 70 series smartphone poses a threat to iPhone sales in ...
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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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Argentina seeks arrest of Iranian minister over 1994 bombing: The request comes less than two weeks after a court in Argentina held Iran responsible for the 1994 ...
saudigazette.com.sa/article/642380
Argentina seeks arrest of Iranian minister over 1994 bombing
Quick Glance: Iran's President's Visit to Sri Lanka
  • Iranian President Ebrahim Raisi visited Sri Lanka on April 24, promising to strengthen ties with the South Asian country.

  • Argentina requested the arrest of Iranian Interior Minister Ahmad Vahidi for his alleged involvement in a 1994 attack on a Jewish community center in Buenos Aires.

  • Sri Lanka and Iran are set to sign five agreements, including one related to a hydroelectric project.

  • Iran's Interior Minister returned from Pakistan prematurely, signaling a setback for Iran as it faces consequences for its actions worldwide.
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First batch of Iranian Umrah pilgrims arrives in Madinah after a hiatus of 9 years
saudigazette.com.sa/article/642295
First batch of Iranian Umrah pilgrims arrives in Madinah after a hiatus of ...