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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: Chinese TikTok App Sale Required for National Security Measures
- A newly enacted law mandates the sale of the Chinese-owned TikTok app to address national security concerns.
- According to experts, China has intensified its online information operations in recent years to advance its broader objectives.
- China has actively sought to leverage TikTok to influence politics in Taiwan, yet these endeavors ultimately proved unsuccessful.
- While TikTok was utilized in these publicly identified Chinese operations, researchers have not observed a specific emphasis on the app compared to other popular platforms.
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
Key issues discussed by Blinken in talks with Chinese leaders: U.S. Secretary of State Antony Blinken met his Chinese counterpart Wang Yi and Chinese leader Xi ...
reuters.com/world/key-issues-discussed-by-blinken-talks-with-chinese-leaders-2024-04-26/
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.
TikTok ban could escalate US-China trade war, ex-White House CIO tells The Reg: Doing business in Beijing? 'You need to do a what-if scenario'
theregister.com/2024/04/26/tiktok_ban_payton/
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.
Two indicted for illegally exporting chip gear from US to China: One Chinese national arrested in Chicago while another suspect thought to be abroad
theregister.com/2024/04/26/2_indicted_for_illegal_china_exports/
US Secretary of State Antony Blinken snapped up a Taylor Swift album along with one by classic Chinese rocker Dou Wei during an unexpected detour to a Beijing ...
reut.rs/49WFGGS
Dunamis testifier, Anyim Vera, expresses safety concerns, begs Nigerians for accommodation
premiumtimesng.com/entertainment/naija-fashion/689408-dunamis-testifier-anyim-vera-expresses-safety-concerns-begs-nigerians-for-accommodation.html
Nigerian Family Protests Ireland’s Decision Not to Prosecute Cops Responsible for Son’s Death
fij.ng/article/nigerian-family-protests-irelands-decision-not-to-prosecute-cops-responsible-for-sons-death/
Beijing auto show: Foreign automakers eager for Chinese partners: Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking ...
reuters.com/business/autos-transportation/foreign-automakers-eager-chinese-partners-beijing-auto-show-2024-04-26/
Blinken meets Chinese President Xi as US-China spar over key issues: Recent months have seen more frequent talks between the two sides, despite growing ...
euronews.com/2024/04/26/antony-blinken-meets-chinas-president-xi-as-us-and-china-spar-over-issues
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/
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.
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/
Chinese automakers show off AI-powered 'smartphones on wheels': BEIJING -- XPeng, Geely and other Chinese automakers are showing off innovative new ...
asia.nikkei.com/Business/Automobiles/Chinese-automakers-show-off-AI-powered-smartphones-on-wheels
Exclusive: Half of Russia's payments to China made through middlemen, sources say
reuters.com/business/finance/half-russias-payments-china-made-through-middlemen-sources-say-2024-04-26/
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
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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Nollywood veteran actor, Ogunjimi is dead: The Nigerian movie industry has again been thrown into mourning after the news of the death of another veteran Yoruba ...
punchng.com/nollywood-veteran-actor-ogunjimi-is-dead/
Sad story: Nigerian who relocated to UK in 2022 beat wife to death with skateboard
punchng.com/sad-story-nigerian-who-relocated-to-uk-in-2022-beat-wife-to-death-with-skateboard/
China Launches New 3-member Crew to Its Space Station: This year, the Chinese station is slated for two cargo spacecraft missions and two manned spaceflight ...
thediplomat.com/2024/04/china-launches-new-3-member-crew-to-its-space-station/
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.
Tinubu appoints Jim Ovia as student loan fund chairman: President Bola Tinubu has approved the appointment of renowned banker and businessman, Jim Ovia ...
punchng.com/tinubu-appoints-jim-ovia-as-student-loan-fund-chairman/
Glencore seeks investment opportunities in Nigerian mining sector: Mining and trading house Glencore will invest in Nigeria's mining sector if the government ...
reuters.com/markets/commodities/glencore-seeks-investment-opportunities-nigerian-mining-sector-2024-04-26/
Suleja prison: 108 inmates on the run in Nigeria: A manhunt is launched after more than 100 inmates escape the colonial-era facility near Abuja.
bbc.com/news/world-africa-68897517
SPOTTED: Scandalous Email From Wole Olanipekun’s Firm That Ended a Lawyer’s Career
fij.ng/article/spotted-scandalous-email-from-wole-olanipekuns-firm-that-ended-a-lawyers-career/
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/
Cost of preparing Jollof rice up 29.3% – Report: The SBM Jollof Index tracks how much it costs to make a pot of jollof rice for a family of five
premiumtimesng.com/agriculture/689379-cost-of-preparing-jollof-rice-up-29-3-report.html
Renault talks to China's Li Auto and Xiaomi on tech collaboration: Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent ...
reuters.com/business/autos-transportation/renault-talks-chinas-li-auto-xiaomi-tech-collaboration-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/
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
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/
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/
NPFL Preview: Ilechukwu, Ogunbote face former clubs in tricky tests: Fidelis Ilechukwu will be looking to outsmart his former club, Plateau United ...
premiumtimesng.com/news/more-news/689414-npfl-preview-ilechukwu-ogunbote-face-former-clubs-in-tricky-tests.html
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/
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/
NPFL announces four-week break for Rivers United to catch up: Rivers United’s continental adventure has seen a few games postponed because of logistical reasons
premiumtimesng.com/sports/nigeria-sports-news/689358-npfl-announces-four-week-break-for-rivers-united-to-catch-up.html
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
VIDEO: Nigerian pastor claims world will end April 25th: An unidentified Nigerian pastor has stirred reactions on social media by following a prophetic ...
punchng.com/video-nigerian-pastor-claims-world-will-end-april-25th/
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
Guinness World Record: Chess champion returns home to Lagos | Africanews: Nigerian chess champion Tunde Onakoya returned home to Lagos on Wednesday to a hero's ...
africanews.com/2024/04/25/guinness-world-record-chess-champion-returns-home-to-lagos/
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
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/
Nigerian woman breaks Guinness World Record with longest interview marathon: Since June 2023 when Hilda Baci, the Nigerian Jollof Queen achieved a new Guinness ...
premiumtimesng.com/news/top-news/689049-nigerian-woman-breaks-guinness-world-record-with-longest-interview-marathon.html
TikTok sell-or-ban law gets Biden's approval, starting 9-month countdown: PALO ALTO, California -- TikTok could be banned in the U.S. if the company ...
asia.nikkei.com/Business/Technology/TikTok-sell-or-ban-law-gets-Biden-s-approval-starting-9-month-countdown
Kie Kie, Layi Wasabi defeat Sabinus, Taaoma, others to emerge Q1 top skit makers: The skitmakers were selected based on several criteria.
premiumtimesng.com/entertainment/naija-fashion/689020-kie-kie-layi-wasabi-defeat-sabinus-taaoma-others-to-emerge-q1-top-skit-makers.html
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/
New minimum wage announcement not feasible on May 1 – TUC President: The TUC earlier submitted N447,000 as the new minimum wage but we have harmonised our figure ...
premiumtimesng.com/news/top-news/689335-new-minimum-wage-announcement-not-feasible-on-may-1-tuc-president.html
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/
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/
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/
Ex-Nigerian Senator, Ayogu Eze, is dead: The former senator died Thursday morning in an undisclosed hospital in Abuja after a protracted illness.
premiumtimesng.com/news/top-news/689273-ex-nigerian-senator-ayogu-eze-is-dead.html
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
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
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
Xabi Alonso makes you 'up your game': Boniface: Leverkusen are four games away from becoming the first team to go through a Bundesliga season unbeaten.
thedailystar.net/sports/football/news/xabi-alonso-makes-you-your-game-boniface-3595856
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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Naija Star Search 2: Meet 20 contestants (PHOTOS): Episode 1 showcased raw talent, introducing 20 gifted contestants striving for their chance at Afrobeats ...
premiumtimesng.com/entertainment/music/689178-naija-star-search-2-meet-20-contestants-photos.html
Delta airlines to begin 14 weekly flights to Nigeria in December: Delta Airlines has announced a significant expansion by resuming daily flights to Lagos ...
punchng.com/delta-airlines-to-begin-14-weekly-flights-to-nigeria-in-december/
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
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
French curriculum bridges cultural divides, says school: The Lycée Français Louis Pasteur, Lagos State, said the introduction of the French curriculum to ...
punchng.com/french-curriculum-bridges-cultural-divides-says-school/
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
Analysis: Harapan’s uphill battle to defend Kuala Kubu Baharu: Factors in play include Malay voter increase, Chinese and Indian discontent.
dlvr.it/T62zb5
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
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/
Yahaya Bello didn’t spend Kogi funds on children’s fees -Ex-gov’s media office: Yahaya Bello, has refuted the allegations that the former governor used the state ...
punchng.com/yahaya-bello-didnt-spend-kogi-funds-on-childrens-fees-ex-govs-media-office/
Chinese spy claims: Beijing summons German ambassador to protest after 4 arrested on espionage charges
scmp.com/news/china/diplomacy/article/3260517/chinese-spy-claims-beijing-summons-german-ambassador-protest-after-4-arrested-espionage-charges
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/
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