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

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

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

  • After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
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U.S. Economic Growth Slows to 1.6%: U.S. economic growth slowed in the first part of the year, falling short of economists’ expectations.
on.wsj.com/3UypAig
U.S. Economic Growth Slows to 1.6%
Quick Glance: Disappointing Q1 Economic Growth and Implications
  • The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.

  • Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.

  • Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.

  • The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
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How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
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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
Von Notz in the Bundestag:
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.
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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
Krah's work and Höcke's contribution: And suddenly the AfD leadership has ...
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Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
Toyota teams up with Tencent for drive into China's EV market
Quick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
  • Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.

  • Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.

  • Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.

  • Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
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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
Beijing auto show welcomes world as China's carmakers aim to conquer it
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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/
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range
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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
Watch: China launches manned spaceship to Tiangong space station for ...
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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/
BYD unveils third ultra-luxury model under Yangwang brand
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Huawei’s new Pura 70 series smartphone poses a threat to iPhone sales in China, say analysts
scmp.com/tech/big-tech/article/3259655/huaweis-new-pura-70-series-smartphone-poses-threat-iphone-sales-china-say-analysts
Huawei’s new Pura 70 series smartphone poses a threat to iPhone sales in ...
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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
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion
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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
Cardboard coffins gaining ground among the eco-conscious
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Nidec faces market pressure as founder rips 'unfair' China EV war: TOKYO -- Cutthroat competition in China's electric vehicle sector has cast a shadow over ...
asia.nikkei.com/Business/Markets/Nidec-faces-market-pressure-as-founder-rips-unfair-China-EV-war
Nidec faces market pressure as founder rips 'unfair' China EV war
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Apple moves closer to China despite supply chain shifts: TAIPEI -- Apple is deepening its ties with China even as it further expands production in Southeast Asia ...
asia.nikkei.com/Business/Business-Spotlight/Apple-moves-closer-to-China-despite-supply-chain-shifts
Apple moves closer to China despite supply chain shifts
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‘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
‘The West should be ashamed’: Ai Weiwei on art, politics and human rights
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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
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors
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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
Adorable Twin Pandas Suddenly Hulk Out on Zookeeper
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A photographer documented Black cowboys across the U.S. for a new book: NPR's A Martinez speaks with photojournalist Ivan McClellan about his new book ...
npr.org/2024/04/24/1246716227/black-cowboy-culture-ivan-mcclellan-photographer-8-seconds-book
A photographer documented Black cowboys across the U.S. for a new book
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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
Chinese EV maker Xpeng says partnership with Nvidia unaffected by US trade ...
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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
Huber on ntv Frühstart:
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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/
What it’s really like to live in Macao
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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/
Classic British candy faces uncertainty due to Chinese imports
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E-cars in China: German car manufacturers want to get off the defensive: The German car companies are having a hard time in China, where everything revolves ...
faz.net/aktuell/wirtschaft/auto-verkehr/e-autos-in-china-deutsche-autobauer-wollen-aus-der-defensive-19677972.html
E-cars in China: German car manufacturers want to get off the defensive
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Huge fossilised footprint of dinosaur found in China belongs to a megaraptor: Huge fossilised footprint of dinosaur found in China belongs to a megaraptor
wionews.com/science/huge-fossilised-footprint-of-dinosaur-found-in-china-belongs-to-a-megaraptor-714852
Huge fossilised footprint of dinosaur found in China belongs to a ...
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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
China's edge in flying cars and an Asian tag-team in AI
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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
Daughter of Chinese tycoon snaps up $84 million GCB in Bin Tong Park
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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/
US court sentences Chinese citizen to prison for threatening person who ...
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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/
Germany's Scholz sounds alarm over far-right China spy allegations
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.
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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/
Hermès Sales Surge Amid Exclusive Birkin Wave—Despite Global Luxury Slump