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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.
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
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
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
Beijing auto show: Themes and highlights: China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs) ...
reut.rs/4bcuXch
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.
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.
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.
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/
Xi meets Blinken as China warns US against crossing 'red lines' - BBC News
bbc.co.uk/news/live/world-asia-68904075
AI could kill off most call centres, says Tata Consultancy Services head: Chatbots will soon take over much of the work of human agents, forecasts chief of ...
ft.com/content/149681f0-ea71-42b0-b85b-86073354fb73
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
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
Water shortages, traffic aggravate India's Bengaluru as it votes: Dire water shortages, flooding, gridlocked roads and poor civic facilities have become major ...
reut.rs/3WnkjuW
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/
Choose between stability and ‘downward spiral’ China tells Blinken during Beijing trip
cnn.com/2024/04/25/world/stability-spiral-china-blinken-intl-hnk/
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
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
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
Espionage affair: AfD threatens electoral convulsions: The AfD has been in the crossfire for weeks. Suspected connections to pro-Russian networks ...
fr.de/politik/spionage-affaere-afd-droht-wahlkrampf-zr-93033963.html
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
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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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.
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
China passes tariff law as tensions with trading partners simmer: China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit ...
reuters.com/world/china/china-passes-tariff-law-tensions-with-trading-partners-simmer-2024-04-26/
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/
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
Beijing auto show: Themes and highlights: China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs) ...
reuters.com/business/autos-transportation/beijing-auto-show-themes-highlights-2024-04-26/
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.
West must prevent becoming as dependent on China as it was on Russia – Stoltenberg
pravda.com.ua/eng/news/2024/04/26/7453061/
Dommaraju Gukesh Wins The Candidates’ Tournament: Dommaraju Gukesh, a 17-year-old grandmaster from India, is the youngest player ever to win the Candidates ...
nytimes.com/2024/04/24/crosswords/chess/gukesh-candidates-winner.html
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/
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/
🔊 What you need to know today:
-Blinken visits China, warns Beijing over Russia support
-US Supreme Court hears Trump’s immunity case
-Gang violence spreads as ...
reut.rs/3Uhk5D7
Sanjay Manjrekar drops Virat Kohli, picks Krunal Pandya for India's T20 World Cup squad
wionews.com/cricket/sanjay-manjrekar-drops-virat-kohli-picks-krunal-pandya-for-indias-t20-world-cup-squad-715257
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
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/
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.
Lok Sabha election 2024: India votes in phase 2 as PM Modi pushes BJP's pro-Hindu line
apnews.com/article/india-voting-congress-elections-modi-gandhi-bjp-ecebcccaaf32ad337e7360d9962c5cee
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
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
India's IndiGo places first-ever widebody order for 30 Airbus A350 jets: IndiGo, India's top airline by market share, placed an order with Airbus for 30 A350-900 ...
reuters.com/business/aerospace-defense/indias-indigo-places-order-30-airbus-widebody-aircraft-2024-04-25/
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
Wang warns Blinken that negatives in U.S.-China ties are 'building': HONG KONG/TOKYO -- U.S. Secretary of State Antony Blinken emphasized the need to avoid ...
asia.nikkei.com/Politics/International-relations/US-China-tensions/Wang-warns-Blinken-that-negatives-in-U.S.-China-ties-are-building
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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
China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reut.rs/3JTSeEt
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
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/
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/
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
Joya Chatterji’s ‘Shadows at Noon’ wins best history book at the 2023 Los Angeles Times Book Awards
scroll.in/article/1067050/joya-chatterjis-shadows-at-noon-wins-best-history-book-at-the-2023-los-angeles-times-book-awards
India aims new Crystal Maze missile at Pakistan’s nukes: India has just tested an Israeli air-launched ballistic missile (ALBM), reflecting a move away from ...
asiatimes.com/2024/04/india-aims-new-crystal-maze-missile-at-pakistans-nukes/
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/
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
At least 20 injured in India: Hotel burns down after gas explosion - several deaths
n-tv.de/mediathek/videos/panorama/Hotel-brennt-nach-Gasexplosion-nieder-mehrere-Tote-article24901773.html
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
China stands by economic data, says defence spending 'transparent': China defended the veracity of its economic numbers and asserted its military spending was ...
reuters.com/world/china-stands-by-economic-data-says-defence-spending-transparent-2024-04-25/
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
Deterring China one big reason US aiding Ukraine: The Senate overwhelmingly approved a US$95.3 billion foreign aid funding package for Ukraine ...
asiatimes.com/2024/04/deterring-china-one-big-reason-us-aiding-ukraine/
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.
Ambani's JioCinema cuts subscription prices as India's streaming war heats up: JioCinema, the streaming platform run by India's Reliance Industries ...
reuters.com/business/media-telecom/ambanis-jiocinema-cuts-subscription-prices-indias-streaming-war-heats-up-2024-04-24/
1994 Jewish centre bombing: Iran rejects Argentina's request to arrest minister Ahmad Vahidi
wionews.com/world/1994-jewish-centre-bombing-iran-rejects-argentinas-request-to-arrest-minister-ahmad-vahidi-714791
2024 LS polls pegged as costliest ever, expenditure may touch Rs 1.35 lakh crore: Expert
deccanchronicle.com/nation/2024-ls-polls-pegged-as-costliest-ever-expenditure-may-touch-rs-135-lakh-crore-expert-891097
Here's what happened when India banned TikTok: The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing ...
apnews.com/article/india-tiktok-ban-us-china-9ae5223bce78c56e5d22a1f2e86510f0
Russian President Vladimir Putin to visit China in May as Moscow seeks to bolster ties with Beijing
scmp.com/news/world/russia-central-asia/article/3260396/russias-vladimir-putin-says-plans-visit-china-may
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
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/
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
With Blinken in China, Beijing Deprioritizes Taiwan: China's emphasis on Taiwan has weakened, even though China-U.S. relations are currently in a more stable ...
thediplomat.com/2024/04/with-blinken-in-china-beijing-deprioritizes-taiwan/
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
Toyota sells more than ten million vehicles for the first time: Sales of electric cars almost tripled in the past financial year and amounted to 116,654. However ...
diepresse.com/18403111/toyota-verkauft-erstmals-mehr-als-zehn-millionen-fahrzeuge
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
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
Dalai Lama emphasises on Indian link to Tibetan Buddhism : The Dalai Lama, the spiritual leader of Tibetan Buddhism, reaffirmed his deep-rooted connection to ...
wionews.com/india-story/dalai-lama-emphasizes-on-indian-link-to-tibetan-buddhism-714595
Beijing car show points to all-electric future as local brands dominate: China's largest motor show opened in Beijing on Thursday with the biggest names ...
timeslive.co.za/motoring/news/2024-04-25-beijing-car-show-points-to-all-electric-future-as-local-brands-dominate/
Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
Made in India: DRDO develops lightest bulletproof jacket against highest threat level
wionews.com/india-news/made-in-india-drdo-develops-lightest-bulletproof-jacket-against-highest-threat-level-714419
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