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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
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.
Maximilian Krah: Public Prosecutor General's Office initiates preliminary investigations
t-online.de/nachrichten/deutschland/innenpolitik/id_100393116/maximilian-krah-generalstaatsanwaltschaft-leitet-vorermittlungen-ein.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.
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
Wang Yi tells Antony Blinken not to step on China's red lines: US Secretary of State Antony Blinken is in China in an attempt to put relations on an even keel.
bbc.com/news/articles/c2547ll8z0ro
Chinese Bond Funds Are Limiting Inflows Amid Buying Frenzy: A growing number of fixed-income funds in China is setting limits on investor inflows ...
bloomberg.com/news/articles/2024-04-26/china-funds-step-up-efforts-to-cool-bond-buying-as-yields-slide
Japan should be worrying about Taiwan, not Ukraine: Brahma Chellaney is professor emeritus of strategic studies at the Centre for Policy Research in New Delhi ...
asia.nikkei.com/Opinion/Japan-should-be-worrying-about-Taiwan-not-Ukraine
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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
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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.
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
US Says China Moving Too Slowly on Protecting Intellectual Property: The Biden administration called on China to improve its protections of intellectual property ...
bloomberg.com/news/articles/2024-04-25/us-says-china-moving-too-slowly-on-protecting-intellectual-property
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
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.
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/
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'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/
Everything You Need to Know About the TikTok Ban: Your Questions Answered: President Biden signed a foreign aid bill that includes a ban on TikTok in the US ...
pcmag.com/news/everything-you-need-to-know-about-the-tiktok-ban-your-questions-answered
Von Notz in the Bundestag: "AfD is a shame for our country": Fierce exchange of blows in the Bundestag: The Greens are attacking the AfD head-on because of ...
zdf.de/nachrichten/politik/deutschland/afd-russland-china-spionage-bundestag-100.html
Quick Glance: AfD and Espionage: Intense Debate in Bundestag
- The Greens criticize the AfD for contacts with Russia and China.
- Von Notz calls the AfD a disgrace and anti-democratic.
- Faeser warns of espionage and criticizes the AfD objectively.
- Employee of AfD's lead candidate Krah arrested for espionage.
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
Asia's largest wind farms start operations in Taiwan | Taiwan News | Apr. 26, 2024 09:43
taiwannews.com.tw/en/news/5673921
TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere': TikTok's chief executive said on Wednesday that the company expects to win a legal ...
reuters.com/technology/tiktok-ceo-expects-defeat-us-restrictions-we-arent-going-anywhere-2024-04-24/
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.
'Negative' factors building in US-China ties, foreign minister Wang tells Blinken
channelnewsasia.com/world/us-china-ties-wang-blinken-beijing-talks-4293906
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
Krah's work and Höcke's contribution: And suddenly the AfD leadership has a problem
n-tv.de/politik/Und-ploetzlich-hat-die-AfD-Fuehrung-ein-Problem-article24897494.html
WADA to review Chinese doping case after global backlash: The under-fire World Anti-Doping Agency (WADA) said on Thursday it would launch an independent review ...
reuters.com/sports/wada-launch-independent-review-into-chinese-doping-case-2024-04-25/
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
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EU Raises Stakes With Chinese Medical-Device Probe: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-24/eu-raises-stakes-with-chinese-medical-device-probe
Quick Glance: EU Raises Stakes With Chinese Medical-Device Probe
- The EU launched a probe into Chinese medical-device procurement, prompted by concerns that the government in Beijing unfairly favors domestic suppliers, risking tensions ahead of Xi Jinping's upcoming visit.
- The investigation will collect information from companies and member states and must be concluded within nine months. If it confirms a lack of reciprocity, the EU could restrict Chinese access to its tenders.
- This move follows a decision last year to begin an anti-subsidy probe into electric vehicles made in China, potentially leading to new tariffs by July.
- Chinese leaders have rebutted European and US criticism of market distortion in favor of domestic firms, but doubts persist regarding Beijing's extensive use of public support.
Through Aramco, Peak China courts Peak Oil: Exchanges between China and Arab states stretch back centuries along the ancient Silk Road. More recently ...
reut.rs/3Wf4u9E
Hacker attacks: What China can use stolen data for: China collects personal information on Americans and other foreigners. This data on millions of people helps ...
nzz.ch/technologie/china-hacker-datenleak-wozu-china-die-vielen-gestohlenen-daten-verwenden-koennte-ld.1825055
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
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
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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.
If Britain is so bothered by China, why do these .gov.uk sites use Chinese ad brokers?
theregister.com/2024/04/24/ads_on_gov_uk_websites/
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
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/
Watch live: Senate to vote on Ukraine, Israel aid package that includes TikTok bill
apnews.com/article/israel-ukraine-aid-tiktok-senate-8fe738b17e5c4b2636bc0de11b2620b7
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.
How does China feed its population? | NZZ: For Xi Jinping, food security is a top priority. However, China's dependence on food imports is growing - a risk in ...
nzz.ch/international/wie-ernaehrt-china-seine-bevoelkerung-nzz-ld.1827429
Google Taiwan opens new AI workspace in Taipei | Taiwan News | Apr. 26, 2024 15:05
taiwannews.com.tw/en/news/5674214
Man faces NT$1 million fine for jumping onto Taipei MRT track | Taiwan News | Apr. 26, 2024 11:40
taiwannews.com.tw/en/news/5673940
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reuters.com/podcasts/podcast-blinken-china-trump-immunity-haiti-violence-russian-censors-2024-04-25/
Biden signs aid package with $17B for Israel, $1B extra humanitarian aid for Gazans
timesofisrael.com/biden-signs-95-billion-war-aid-measure-with-relief-for-ukraine-israel-and-taiwan/
Mail worker killed by falling tree in central Taiwan | Taiwan News | Apr. 26, 2024 16:24
taiwannews.com.tw/en/news/5674291
Strong electric car sales expected for 2024, but charging grid needs work: International Energy Agency points out obvious: Infrastructure needs to meet demand
theregister.com/2024/04/24/iea_reports_strong_electric_car_demand/
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
- Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).
- The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.
- The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
Earthquakes of magnitude 6, 6.3 strike eastern Taiwan - Focus Taiwan: Two earthquakes of magnitude 6.0 and 6.3 struck central Hualien County in eastern Taiwan at ...
focustaiwan.tw/society/202404230001
West must prevent becoming as dependent on China as it was on Russia – Stoltenberg
pravda.com.ua/eng/news/2024/04/26/7453061/
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
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
China says US military aid bill for Taiwan 'sends wrong signal' | Taiwan News | Apr. 25, 2024 10:59
taiwannews.com.tw/en/news/5673012
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
Espionage affair: China rejects accusations from Germany as pure invention: Beijing doesn't want to let the espionage accusations slide and is stepping up the ...
spiegel.de/ausland/spionageaffaere-china-weist-anschuldigungen-aus-deutschland-als-reine-erfindung-zurueck-a-82b6d00f-a566-4a24-ade0-3627cd081615
Huber on ntv Frühstart: "The AfD is a danger for Germany": The top candidate is no longer acceptable, the AfD is a danger to Germany: clear words from CSU ...
n-tv.de/politik/Die-AfD-ist-eine-Gefahr-fuer-Deutschland-article24896930.html
High school student 18th death from Taiwan's 7.2 quake | Taiwan News | Apr. 26, 2024 10:35
taiwannews.com.tw/en/news/5673913
Space travel: Three astronauts launched to the Chinese space station “Tiangong”: The spacecraft “Shenzhou 18” took off from the Gobi Desert late Thursday evening ...
spiegel.de/wissenschaft/weltall/chinesische-raumfahrt-drei-astronauten-zu-weltraumstation-tiangong-gestartet-a-f48998b6-b65a-4075-b1be-b3280fdf5292
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
China 'Lower-Tier Cities' Are Attracting More People -- And More Chain Brands
bloomberg.com/news/articles/2024-04-22/china-s-small-towns-boom-as-megacities-lose-appeal-with-brands
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Featured photo: Buddha statue loses head in Taiwan quake | Taiwan News | Apr. 25, 2024 14:52
taiwannews.com.tw/en/news/5673238
A Megaraptor Emerges From Footprint Fossils, Study Suggests: A series of foot tracks in southeastern China points to the discovery of a giant velociraptor ...
nytimes.com/2024/04/24/science/velociraptor-fossil-china.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
China's Fake-Fashion Retailers Thrive on TikTok, Reddit, Discord: Eager buyers of Pandabuy’s questionable luxury goods declare they’re done ...
bloomberg.com/news/articles/2024-04-23/china-s-fake-fashion-retailers-thrive-on-tiktok-reddit-discord
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Handbags and China demand boost sales at Hermes: Maker of Birkin bags beats expectations with strong demand for leather goods and jewellery as it defies luxury ...
cnaluxury.channelnewsasia.com/obsessions/handbags-and-china-demand-boost-sales-hermes-244561
Taiwan rattled by dozens of quakes, but no major damage: Taiwan's quake-hit eastern county of Hualien was rattled by more than 200 aftershocks late on Monday and ...
reuters.com/world/asia-pacific/taiwan-rattled-by-dozens-quakes-no-major-damage-2024-04-23/
China wants ability to invade Taiwan by 2027, U.S. admiral says: TOKYO -- China aims to have the capability to invade Taiwan by 2027, Adm. John Aquilino ...
asia.nikkei.com/Editor-s-Picks/Interview/China-wants-ability-to-invade-Taiwan-by-2027-U.S.-admiral-says
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/
Billions of dollars in foreign aid for Ukraine, Israel and Taiwan advanced in the US Senate, heading for a final vote after the House of Representatives ...
reut.rs/4aOCbmT
FBI chief warns on TikTok as Senate set to back ban: SAN FRANCISCO: As the US Senate prepares to approve a TikTok ban, the FBI chief on Tuesday (Apr 23) ...
channelnewsasia.com/world/tiktok-ban-fbi-chief-senate-warns-china-app-4287596
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.
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Taiwan to remove points system for foreign, overseas compatriot students - Focus Taiwan
focustaiwan.tw/society/202404250020
Conflicts drive global military spending to record high: War in Ukraine and tensions in Middle East and Asia lead to 7% increase in worldwide defence expenditure ...
ft.com/content/3744cad3-52ac-40d7-b97d-e085aec1a23e
Quick Glance: Global Military Spending Hits Historic High in 2023
- Global military spending hit a record high of $2.443 billion in 2023 after a 7% increase, as per a report.
- Military expenditure rose consistently over nine years in all regions due to worsening peace and security globally.
- Countries like Ukraine, Russia, Poland, Germany, and the UK saw significant spikes in their military spending.
- Israel notably increased its military spending significantly due to the conflict in the Middle East, particularly a major offensive in Gaza in 2023.
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/
China harbors ship linked to North Korea-Russia arms transfers, satellite images show
english.alarabiya.net/News/world/2024/04/25/china-harbors-ship-linked-to-north-korea-russia-arms-transfers-satellite-images-show
‘I lost all hope’: Taiwanese youth struggle with depression amid low wages, high housing prices
channelnewsasia.com/asia/taiwan-youth-mental-health-struggle-low-wages-high-housing-prices-4294441
Apple smartphone shipments in China plummet 19% in 2024 : Apple’s challenges in china continue in the first quarter of 2024. The company's smartphone ...
wionews.com/videos/apple-smartphone-shipments-in-china-plummet-19-in-2024-714439
China's influence operations against the U.S. are bigger than TikTok: Intelligence officials and lawmakers describe the Chinese-owned social media app as a ...
npr.org/2024/04/26/1247347363/china-tiktok-national-security
Google to expand hardware R&D team in Taiwan: NEW TAIPEI CITY, Taiwan -- Google is expanding its research and development hub for hardware in Taiwan as the ...
asia.nikkei.com/Spotlight/Supply-Chain/Google-to-expand-hardware-R-D-team-in-Taiwan
China should have confidence to talk to us: Taiwan’s president-elect: China should have the confidence to talk to Taiwan’s legally elected government ...
english.alarabiya.net/News/world/2024/04/25/china-should-have-confidence-to-talk-to-us-taiwan-s-president-elect-
From footballer to Buddhist monk: Swedish ex-player’s incredible transformation detailed on his Instagram page
scmp.com/sport/football/article/3259457/footballer-buddhist-monk-swedish-ex-players-incredible-transformation-detailed-his-instagram-page
The US Is no longer the arsenal of democracy: For the first several decades after World War II, the United States championed free trade ...
asiatimes.com/2024/04/the-us-is-no-longer-the-arsenal-of-democracy/
Taipei stages international disaster prevention and rescue drills | Taiwan News | Apr. 26, 2024 15:29
taiwannews.com.tw/en/news/5674244
Blinken says genocide in Xinjiang is ongoing in report ahead of China visit: Beijing is continuing to commit genocide and crimes against humanity against Uyghurs ...
reuters.com/world/blinken-says-genocide-xinjiang-is-ongoing-report-ahead-china-visit-2024-04-22/
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
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