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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
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 Chinese nationals charged in US with trying to export banned semiconductor machinery to China — one arrested in Chicago
tomshardware.com/tech-industry/two-chinese-nationals-charged-in-us-with-trying-to-export-banned-semiconductor-machinery-to-china-one-arrested-in-chicago
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: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
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
Philippines denies deal with China over disputed South China Sea shoal: The Philippines on Saturday denied a Chinese claim that the two countries had reached an ...
reuters.com/world/asia-pacific/philippines-denies-deal-with-china-over-disputed-south-china-sea-shoal-2024-04-27/
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/
Taiwan reports Chinese military activity after Blinken leaves Beijing: Taiwan reported renewed Chinese military activity near the island on Saturday with 12 ...
reuters.com/world/asia-pacific/taiwan-reports-chinese-military-activity-after-blinken-leaves-beijing-2024-04-27/
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
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
Hungary opens up to Chinese tech despite protests: Hungary is attempting to be a world power in manufacturing electric vehicle batteries ...
bbc.com/news/world-europe-68848770
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/
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 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.
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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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
Why China risks US sanctions arming Russia: Survival: US secretary of state Antony Blinken fired a warning salvo toward China during a G7 foreign ministers’ ...
asiatimes.com/2024/04/why-china-risks-us-sanctions-arming-russia-survival/
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/
These are the countries where TikTok is already banned: TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of ...
apnews.com/article/tiktok-bytedance-ban-china-india-376f32d78861e14e65ec4bc78e808a0d
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/
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.
More than 100 inmates escape from Nigeria prison after heavy rains: Manhunt under way after a downpour destroyed the perimeter fence of the medium-security ...
aljazeera.com/news/2024/4/25/more-than-100-inmates-escape-from-nigeria-prison-after-heavy-rains
China's ByteDance denies plans to sell TikTok in US: Earlier reports had suggested ByteDance planned to sell the app, without its powerful algorithm ...
dw.com/en/chinas-bytedance-denies-plans-to-sell-tiktok-in-us/a-68926751
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
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/
Antony Blinken in China: Chinese FM urges US not to suppress China's development
wionews.com/videos/antony-blinken-in-china-chinese-fm-urges-us-not-to-suppress-chinas-development-715545
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/
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/
Chinese cargo ships poised to gain from Red Sea tensions: TOKYO -- After Iran's unprecedented direct strike on Israel, shipping companies have reason to ...
asia.nikkei.com/Politics/International-relations/Chinese-cargo-ships-poised-to-gain-from-Red-Sea-tensions
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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
Singaporean chef Tariq Helou dies suddenly at age 29: The up-and-coming chef owned Fleurette, a restaurant in Rangoon Road he opened in 2020.
straitstimes.com/life/food/singaporean-chef-tariq-helou-dies-suddenly-at-age-29
Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
reut.rs/3UhTead
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
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
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/
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/
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/
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/
British author looking to connect with family of S’porean WWII pilot who inspired her book
straitstimes.com/singapore/british-author-looking-to-connect-with-family-of-s-porean-wwii-pilot-who-inspired-her-book
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
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion: The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore ...
bloomberg.com/news/articles/2024-04-24/chinese-metal-tycoon-s-heir-buys-62-million-singapore-mansion
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Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
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/
Paramedic who injected Elijah McClain with ketamine avoids prison: A Colorado judge has sentenced a former paramedic to probation in the death of Elijah McClain ...
apnews.com/article/elijah-mcclain-paramedics-police-trial-c2a7d4a0883588c4dc87993ebe6bb472
Quick Glance: Former Aurora Paramedic Sentenced to 14 Months Work Release
- The former Aurora paramedic involved in injecting Elijah McClain with ketamine, resulting in his death, has been sentenced to 14 months of work release and four years of probation and community service.
- The injection occurred after McClain had a violent struggle with the police and was already subdued and in handcuffs. He lost consciousness and his pulse after the injection.
- Judge Mark Warner emphasized the importance of McClain's life and criticized Cooper for not intervening despite McClain's critical condition. The sentencing concludes a lengthy process involving five first responders charged in McClain's death.
- Cooper was convicted of criminally negligent homicide, while his supervisor, Peter Cichuniec, was convicted of similar charges. The sentencing brings closure to a tragic incident that sparked social justice protests.
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/
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/
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/
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/
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/
Utah man who recorded fatal Jan. 6 Capitol shooting sentenced to 6 years: John Earle Sullivan recorded himself inciting violence and breaking a window before ...
washingtonpost.com/dc-md-va/2024/04/26/john-sullivan-sentenced-jan-6/
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/
Xpeng’s flying car affiliate AeroHT closes in on airworthiness certification as Chinese EV maker targets fourth-quarter presales
scmp.com/business/china-business/article/3260577/xpengs-flying-car-affiliate-aeroht-closes-airworthiness-certification-chinese-ev-maker-targets
🔊 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
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
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
‘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
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
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
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
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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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
4 bizarre ways that Chinese people seek supernatural guidance, blessings and wisdom from the gods
scmp.com/news/people-culture/trending-china/article/3259137/4-bizarre-ways-chinese-people-seek-supernatural-guidance-blessings-and-wisdom-gods
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/
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/
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
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/
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
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/
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
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.
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/
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/
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/
Breakingviews: TikTok’s fate matters only up to a point for Meta: The countdown clock is starting for TikTok, but Meta Platforms boss Mark Zuckerberg will only ...
reuters.com/legal/transactional/tiktoks-fate-matters-only-up-point-meta-2024-04-24/
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