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TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
China warns US of rising ‘negative factors’ in bilateral ties: World is watching to see if rivalry will ‘break out into conflict’, foreign minister Wang Yi tells ...
ft.com/content/246c9e16-1dc9-432d-990c-11660f9c7d56
Blinken meets Chinese counterpart Wang Yi in Beijing: U.S. Secretary of State Antony Blinken met Chinese Foreign Minister Wang Yi in Beijing on Friday for talks ...
reut.rs/3UwLL8r
Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
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WADA to launch independent review into Chinese doping case: The under-fire World Anti-Doping Agency (WADA) said on Thursday it would launch an independent review ...
reut.rs/3WbJ6SQ
TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
Choose between stability and ‘downward spiral’ China tells Blinken during Beijing trip
cnn.com/2024/04/25/world/stability-spiral-china-blinken-intl-hnk/
Insight: Why BYD's EV exports sell for twice the China price: U.S. and European politicians have raised alarms that their domestic auto industries could be ...
reuters.com/business/autos-transportation/why-byds-ev-exports-sell-twice-china-price-2024-04-26/
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
The Caitlin Clark Effect and the uncomfortable truth behind it: Let's be clear: Clark deserves every endorsement deal she's offered. Her appeal as an influencer ...
theathletic.com/5440119/2024/04/25/caitlin-clark-marketability-racial-bias/
Quick Glance: The Caitlin Clark Impact and the Uncomfortable Truth Behind It
- Caitlin Clark deserves every endorsement deal she's offered. Her influence as an influencer is based on several key factors.
- Clark’s attractiveness to local companies and national corporations is heightened by the fact that she is a White woman who has dominated a sport that’s viewed as predominately Black; a straight woman who is joining a league with a sizable LGBTQ+ player population; and a person who comes from America’s heartland, where residents often feel their beliefs and values are ignored or disrespected by the geographical edges of the country.
- There was a significant disparity in the competition for Caitlin Clark in the end. Nike offered 8 years / $28 million, Adidas 4 years / $6 million, Under Armour 4 years / $16 million, and Puma withdrew after hearing about $3 million.
- It is a fact that brand ambassadorship at her level is not simply a commentary on someone’s athletic ability. It’s also a reflection of society’s impact on who gets the biggest bags.
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.
'Real-life Martha' hits back at Baby Reindeer and says 'I'm the victim here': A Scottish woman people believe was the inspiration for one of the characters in ...
mirror.co.uk/3am/celebrity-news/real-life-martha-hits-back-32674991
Chinese owner denies it’s willing to sell TikTok as US ban looms: TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social ...
cnn.com/2024/04/25/business/bytedance-denies-reports-selling-tiktok-intl-hnk/
Chinese cognac sales drive Remy Cointreau to Q4 sales beat: Remy Cointreau reported a far smaller-than-expected fall in fourth-quarter sales on Friday ...
reuters.com/business/retail-consumer/remy-cointreau-reports-better-than-expected-q4-sales-2024-04-26/
Agency bars Chinese telecom carriers from offering US broadband services: The Federal Communications Commission said on Thursday it is ordering the U.S ...
reuters.com/business/media-telecom/agency-bars-chinese-telecom-carriers-offering-us-broadband-services-2024-04-25/
Nothing off the table in US response to China overcapacity, Yellen says: The Biden administration is not taking any options off the table to respond to China's ...
reuters.com/world/nothing-off-table-us-response-china-overcapacity-yellen-says-2024-04-25/
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/
In the face of bans, ByteDance tightens grip over US TikTok operations: Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership ...
ft.com/content/0e040c03-e979-4acd-a6aa-6298301dcc42
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.
Inside the China-US Competition for AI Experts: Who’s winning the fight for top-tier AI talent?
bloomberg.com/news/articles/2024-04-25/inside-the-china-us-competition-for-ai-experts
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/
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
Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
reut.rs/3UhTead
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
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/
Chinese military officials met US and Russian naval officials this week: Senior Chinese military officials held separate meetings with U.S. and Russian naval ...
reuters.com/world/china/chinese-military-officials-met-us-russian-naval-officials-this-week-2024-04-25/
Asia’s next war could be triggered by a rusting warship on a disputed reef: China claims the vast majority of the South China Sea and has ramped up efforts to ...
washingtonpost.com/world/2024/04/26/asias-next-war-could-be-triggered-by-rusting-warship-disputed-reef/
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
US jails Chinese student for threatening pro-democracy schoolmate: He threatened to "chop off" the hands of a Chinese student who put up pro-democracy fliers on ...
bbc.com/news/articles/cp3gz61011ko
Cardboard coffins gaining ground among the eco-conscious: Unity Casket, the first parlour here to launch paper coffins, says it gets up to five orders for this a ...
straitstimes.com/singapore/cardboard-coffins-gaining-ground-among-the-eco-conscious
Utah woman who pulled girl’s skirt down charged with sexual battery: A woman who pulled down a teenager's mini skirt in a Utah restaurant has been charged ...
metro.co.uk/2024/04/26/utah-woman-pulled-girls-skirt-charged-sexual-battery-20722904/
Billie Eilish says her bluntness about sex makes people uncomfortable. She's right.
usatoday.com/story/life/health-wellness/2024/04/26/billie-eilish-sex-women-sexuality-society/73450283007/
Blinken China visit: US Secy of State Blinken meets Chinese counterpart Wang Yi: US Secretary of State Antony Blinken met Chinese foreign minister Wang Yi in ...
wionews.com/videos/blinken-china-visit-us-secy-of-state-blinken-meets-chinese-counterpart-wang-yi-715148
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
Mercedes-Benz says it will continue to invest in Chinese tie-ups: Mercedes-Benz executives said on Thursday the company would continue to invest in tie-ups with ...
timeslive.co.za/motoring/news/2024-04-26-mercedes-benz-says-it-will-continue-to-invest-in-chinese-tie-ups/
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/
🔊 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
Myanmar warlord at centre of battle for key border town: Armed soldiers loyal to a turncoat warlord patrol the streets of southeastern Myanmar's frontier town of ...
reuters.com/world/asia-pacific/myanmar-warlord-centre-battle-key-border-town-2024-04-25/
12 Chinese carmakers form ‘supercharge alliance’: EV race to go on overdrive?: BYD, BAIC, GAC, Xpeng, Chery, JAC, Great Wall, Li Auto announce deal to unite on ...
gulfnews.com/auto/news/12-chinese-carmakers-form-supercharge-alliance-ev-race-to-go-on-overdrive-1.1714064061436
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/
‘The West should be ashamed’: Ai Weiwei on art, politics and human rights: “An artist that isn’t an activist is a dead artist.” He’s viewed as one of today’s ...
middleeasteye.net/video/west-should-be-ashamed-ai-weiwei-art-politics-and-human-rights
Mercedes-Benz to launch luxury electric van for Chinese market: Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN ...
reuters.com/business/autos-transportation/mercedes-benz-launch-luxury-electric-van-chinese-market-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/
Chinese student gets US prison term for threatening pro-democracy activist: A Chinese music student was sentenced on Wednesday to nine months in a U.S ...
reuters.com/world/chinese-student-gets-us-prison-term-threatening-pro-democracy-activist-2024-04-24/
Watch: China launches manned spaceship to Tiangong space station for six months : China on Thursday (Apr 25) launched a manned spaceship into space from the ...
wionews.com/world/watch-china-launches-manned-spaceship-to-tiangong-space-station-for-six-months-714965
'Huku ni dunia ingine': Woman who never left village documents first Nairobi visit
nation.africa/kenya/life-and-style/lifestyle/-huku-ni-dunia-ingine-woman-who-never-left-village-documents-first-nairobi-visit--4602100
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
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/
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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Israel-Gaza war: Chinese satellites detail scale of destruction in besieged Palestinian territory
scmp.com/news/china/science/article/3260476/how-much-gaza-has-been-destroyed-war-chinese-satellites-detail-damage
NJ Target employee stops 3 women stealing shopping cart with nearly $600 of merchandise
nypost.com/2024/04/25/us-news/nj-target-employee-stops-3-women-stealing-full-shopping-cart/
Blinken set to meet Chinese leaders as superpowers manage rivalry: Relations have improved since Blinken’s 10 months ago, enabling the world’s two biggest ...
washingtonpost.com/world/2024/04/25/blinken-china-wang-yi-beijing/
Britain, Australia call for WADA review amid China furore: The anti-doping authorities of Britain and Australia have called for a review of WADA's processes ...
reut.rs/4bc6Gmy
Surgery for Indian woman who inhaled nose pin: A doctor who removed the pin from Varsha Sahu's lung last month described it as an "extremely rare" case.
bbc.com/news/world-asia-india-68894844
Adorable Twin Pandas Suddenly Hulk Out on Zookeeper: Identified as Yuke and Yu’ai, the pandas can be seen in a video of the incident charging at a zookeeper at ...
thedailybeast.com/adorable-twin-pandas-suddenly-hulk-out-on-zookeeper
German spycatchers raise game against China and Russia: Recent arrests only ‘tip of the iceberg’, with hundreds more operatives believed to be ‘up to mischief’ ...
ft.com/content/4ec876e4-95d8-4590-9776-5788f43710f7
Healthy woman, 34, plans to euthanize herself on her birthday today: Jolanda Fun plans to legally euthanise herself in the Netherlands on her 34th birthday today ...
metro.co.uk/2024/04/25/healthy-woman-34-plans-euthanize-birthday-today-20720677/
Daughter of Chinese tycoon snaps up $84 million GCB in Bin Tong Park: A Good Class Bungalow (GCB) has exchanged hands once more - this time, it's to the ...
asiaone.com/money/daughter-chinese-tycoon-snaps-84-million-gcb-bin-tong-park
Ashley Judd slams overturning of Harvey Weinstein rape conviction: Ashley Judd has slammed 'institutional betrayal' after Harvey Weinstein's rape conviction was ...
ew.com/ashley-judd-slams-harvey-weinstein-rape-conviction-overturned-ny-8639003
Quick Glance: Harvey Weinstein’s 2020 Rape Conviction Overturned
- New York's highest court overturned Harvey Weinstein's 2020 rape conviction, disappointing those who celebrated historic gains during the #MeToo era.
- The ruling was based on legal technicalities and did not exonerate Weinstein's behavior, according to #MeToo advocates.
- Weinstein, convicted in Los Angeles for another rape, will face retrial in New York, despite remaining in prison.
- The court criticized the admission of uncharged sexual acts as evidence, deeming it an abuse of judicial discretion.
Two men charged with immigration offences after five people die in Channel crossing
itv.com/news/2024-04-26/two-men-charged-with-immigration-offences-after-migrant-deaths-in-channel
East Harlem woman stabbed to death by boyfriend, left to die in bathtub: Investigators believe an ex-boyfriend seen in Melanie Woods' Second Ave ...
nydailynews.com/2024/04/25/east-harlem-woman-stabbed-to-death-by-boyfriend-left-to-die-in-bathtub/
Quick Glance: Woman Murdered in East Harlem: Boyfriend Arrested
- Melanie Woods, 33, found stabbed to death in her East Harlem apartment.
- Woods' family devastated by the tragic loss.
- Neighbors heard loud arguments coming from Woods' apartment.
- Rodriguez, the victim's boyfriend, charged with murder and weapons possession.
Why America should think twice before banning Chinese EVs: The challenge in front of the US government is to distinguish security threats from lobbying efforts
thenationalnews.com/opinion/comment/2024/04/23/why-america-should-think-twice-before-banning-chinese-evs/
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/
Tampines accident: Woman who died was a 'big sister' to her co-workers, says colleague
channelnewsasia.com/singapore/tampines-accident-woman-died-norzihan-juwahib-tributes-4291466
‘We will miss her desperately, she was bright and brilliant’ – Tributes paid as cyclist killed in Dublin crash
independent.ie/regionals/louth/dundalk-news/we-will-miss-her-desperately-she-was-bright-and-brilliant-tributes-paid-as-cyclist-killed-in-dublin-crash-named/a1410761323.html
What it’s really like to live in Macao: While the rest of the world may associate Macao with gambling, its citizens don’t necessarily feel the same way.
cnn.com/travel/what-its-really-like-to-live-in-macao-intl-hnk/
#GirlsinICT: Two women take on male-dominated Electronics Engineering at UWI: KINGSTON, Jamaica — Engineering is a historically male-dominated career ...
jamaicaobserver.com/2024/04/25/girlsinict-two-women-take-male-dominated-electronics-engineering-uwi/
Classic British candy faces uncertainty due to Chinese imports: Rock, a candy made in stick shapes, has been synonymous with the British seaside for over a ...
cnn.com/travel/uk-rock-candy-cheap-imports/
Nelly Korda, LPGA in prime position to lift women's golf. So far, they're whiffing.
usatoday.com/story/sports/columnist/dan-wolken/2024/04/26/lpga-nelly-korda-womens-golf-opportunity/73457675007/
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/
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
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
China's edge in flying cars and an Asian tag-team in AI: Hello everyone, this is Cissy from Hong Kong.When I was at the CES trade show in Las Vegas earlier this ...
asia.nikkei.com/techAsia/China-s-edge-in-flying-cars-and-an-Asian-tag-team-in-AI
Chinese Warships Permanently Deployed at New Overseas Naval Base: An expert believes the five-month-long presence of the Chinese naval vessels at Cambodia's Ream ...
newsweek.com/china-cambodia-ream-new-permanent-naval-base-1894012
US court sentences Chinese citizen to prison for threatening person who promoted democracy in China
cnn.com/2024/04/24/us/xiaolei-wu-prison-china-democracy-intl-latam/
Good Samaritan hit by car trying to break up Upper East Side fight between women: The man came upon two women beating up a woman on Second Ave. near E. 91st St ...
nydailynews.com/2024/04/25/good-samaritan-hit-by-car-trying-to-break-up-upper-east-side-fight-between-women/
Germany's Scholz sounds alarm over far-right China spy allegations: German Chancellor Olaf Scholz said on Wednesday allegations that the aide to a prominent ...
reuters.com/world/europe/german-far-right-politician-vows-not-quit-after-aide-accused-spying-china-2024-04-24/
Quick Glance: German Far-Right MEP's Aide Arrested for Alleged Chinese Espionage
- The individual named Jian G. stands accused of sharing information about negotiations at the European Parliament with a Chinese intelligence service and spying on Chinese opposition figures in Germany, according to federal prosecutors.
- Jian Guo is listed as an accredited assistant to MEP Maximilian Krah, the far-right AfD party's lead candidate for the upcoming EU-wide elections on the European Parliament's website.
- The suspect was apprehended in Dresden on Monday and authorities conducted searches at his residences.
- Expressing concern, the AfD addressed the allegations.
Hermès Sales Surge Amid Exclusive Birkin Wave—Despite Global Luxury Slump: The French luxury house posted strong quarterly sales growth across all geographic ...
forbes.com/sites/hyunsoorim/2024/04/25/herms-sales-surge-amid-exclusive-birkin-wave-despite-global-luxury-slump/
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