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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: 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.
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
China and US should be ‘partners, not rivals’, Xi tells Blinken: China says it prefers to bolster its ties with the United States, but considerable challenges ...
aljazeera.com/news/2024/4/26/china-and-us-should-be-partners-not-rivals-xi-tells-blinken
Quick Glance: Xi and Blinken Emphasize Importance of Partnership between China and US
- China expresses its interest in deepening its relations with the United States, despite facing obstacles.
- During his meeting with US Secretary of State Antony Blinken, Chinese President Xi Jinping emphasized the importance of the two superpowers helping each other succeed and not acting as rivals.
- Despite the desire to stabilize relations, significant issues were addressed during the meeting between Xi and Blinken.
- China-US relations have been tumultuous in recent years, influenced by factors such as a trade war and other controversial topics.
Musk's X says posts of Australia bishop stabbing don't promote violence: Elon Musk's social media platform X defended publishing posts showing a bishop in ...
reut.rs/3UczrZH
Sacha Baron Cohen chapter cut from Australian version of Rebel Wilson book: Rebel Wilson’s book will finally be published in Australia, but the chapter about ...
smh.com.au/culture/books/sacha-baron-cohen-chapter-cut-from-australian-version-of-rebel-wilson-book-20240426-p5fmse.html
Quick Glance: Rebel Wilson's Memoir Published in UK with Redacted Passages
- The UK edition of Australian actor Rebel Wilson's memoir will be published with redacted passages concerning her experience on set with Sacha Baron Cohen.
- HarperCollins mentioned that they have blacked out part of a page in the UK edition along with other small sections for legal reasons.
- Rebel Wilson's memoir, Rebel Rising, is set to be released in the UK this week following its earlier release in the US.
- Baron Cohen's representatives rejected the allegations of bad behavior on set and applauded the removal of Wilson's defamatory claims from the UK edition of the book.
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 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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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/
First official portrait of King Frederik and Queen Mary of Denmark released since ascending the throne
abc.net.au/news/2024-04-25/first-photo-of-queen-mary-of-denmark-wearing-crown-jewels/103770422
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
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
Japan’s Jera Looks to Invest in Middle East Hydrogen Projects: Japan’s biggest utility, Jera Co., is looking to invest in low-carbon hydrogen and ammonia ...
bloomberg.com/news/articles/2024-04-26/japan-s-jera-looks-to-invest-in-middle-east-hydrogen-projects
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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/
Choose between stability and ‘downward spiral’ China tells Blinken during Beijing trip
cnn.com/2024/04/25/world/stability-spiral-china-blinken-intl-hnk/
Quick Glance: China Urges Blinken to Choose Between Stability and 'Downward Spiral'
- Chinese leader Xi Jinping emphasized the need for the US and China to be partners to ensure stability.
- Xi and Blinken discussed the importance of escalating communication and responsibly addressing differences.
- The meetings highlighted sharp tensions between the two superpowers, with China presenting a choice between stability and a downward spiral.
- Discussions covered topics such as technology, Taiwan, China's support for Russia, and the significance of peace in the Taiwan Strait.
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/
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.
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
These countries have already banned TikTok: TikTok is already banned in a handful of countries and from government-issued devices in a number of others ...
pbs.org/newshour/world/these-countries-have-already-banned-tiktok
‘Real hope’ for cancer cure as personal mRNA vaccine for melanoma trialled: Excitement among patients and researchers as custom-built jabs enter phase 3 trial
theguardian.com/society/2024/apr/26/cancer-mrna-vaccine-melanoma-trial
Quick Glance: Innovative Cancer Treatment Tested on Melanoma Patient
- A music teacher with melanoma is among the first to receive a new anti-cancer treatment that shows potential for curing the disease.
- The personalized mRNA cancer jab instructs the body's immune system to target and eliminate cancer cells, with promising results in reducing cancer recurrence.
- Conducted by University College London Hospitals, the trial aims to cure melanoma patients and explore its effectiveness in other cancer types.
- The therapy, tailored to each patient's tumor, marks a significant advancement in cancer treatment, with a global trial expanding to recruit 1,100 participants.
Man wrongly named Bondi killer settles: Seven Network have settled a defamation case filed by a man wrongly identified as the Bondi Junction stabbing killer.
news.com.au/national/courts-law/network-seven-settles-with-man-wrongly-identified-as-bondi-junction-killer/news-story/24581f680332113e21eeaa2f9991c8de
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/
Successful campaign on the west coast: Australian animal rights activists celebrate the rescue of 130 whales
spiegel.de/panorama/australien-tierschuetzer-feiern-rettung-von-130-walen-a-ccdd6b40-9cad-451a-bec8-9450afa528de
US Says Australia, UK Don’t Yet Meet Pacific Accord Requirements: Australia and the UK don’t yet meet arms export standards required for the Aukus partnership ...
bloomberg.com/news/articles/2024-04-25/us-says-australia-uk-don-t-yet-meet-pacific-accord-requirements
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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/
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/
Honda to spend $11 billion on four EV factories in North America: The new facilities are in addition to the previously announced EV hub in Ohio.
arstechnica.com/cars/2024/04/honda-to-spend-11-billion-on-four-ev-factories-in-north-america/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
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/
In the face of bans, ByteDance tightens grip over US TikTok operations: Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership ...
ft.com/content/0e040c03-e979-4acd-a6aa-6298301dcc42
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.
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
The aggressive native birds muscling rivals out of Melbourne: Ravens are among the adaptable, aggressive native birds thriving in Australia’s large cities ...
theage.com.au/national/victoria/the-aggressive-native-birds-muscling-rivals-out-of-melbourne-20240422-p5flkb.html
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/
After weeks of controversy, Blondie and Alice Cooper finally play to Sydney crowd
smh.com.au/culture/music/after-weeks-of-controversy-blondie-and-alice-cooper-finally-play-to-sydney-crowd-20240425-p5fmgl.html
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
China’s money can’t pull PNG from Australia: There can be no more powerful symbol of the relationship between Australia and Papua New Guinea than the prime ...
asiatimes.com/2024/04/chinas-money-cant-pull-png-from-australia/
Could Australia ban X (formerly Twitter) or is it untouchable? The worst-case scenario for Elon Musk
abc.net.au/news/2024-04-25/elon-musk-x-versus-australia-on-sydney-church-stabbing-video/103761694
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/
Rise of ‘really scary’ breed of men: OPINION
news.com.au/lifestyle/relationships/dating/rise-of-really-scary-breed-of-men/news-story/e9a467daf2094157ea62ab95f15a294c
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/
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
LIVE: Australia and New Zealand remember the dawn landings at Gallipoli: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1yNxaZXvqyQKj
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
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
Once considered a good 'social policy', students say HECS loans are a burden on an entire generation
abc.net.au/news/2024-04-26/hecs-indexation-cpi-figures-uni-student-debt-higher-education/103757858
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/
Matthew Flinders: Navy funeral plan for explorer who named Australia: Matthew Flinders, who named Australia, is due to be buried in Lincolnshire this summer.
bbc.com/news/articles/cv27vx1q3geo
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/
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/
Olivia Molly Rogers married and divorced in the same year. Here’s what she learnt
theage.com.au/lifestyle/life-and-relationships/olivia-molly-rogers-married-and-divorced-in-the-same-year-here-s-what-she-learnt-20240410-p5fiu1.html
NRL star’s contract torn up after one game: Former NRL star Blake Ferguson’s contract with the Kurri Kurri Dragons of the semi-professional Newcastle Rugby ...
news.com.au/sport/nrl/former-nrl-stars-contract-with-semiprofessional-club-sensationally-ripped-up/news-story/5244605b31df8f2ac3f27e6f458556bc
Thousands gather in Sydney to mark Anzac Day in biggest crowd in recent years: “We are heartened to see so many Australians with us today,” said master of ...
smh.com.au/politics/nsw/thousands-gather-in-sydney-to-mark-anzac-day-in-biggest-crowd-in-recent-years-20240425-p5fmez.html
Men's T20 World Cup: Australian cricket pitches shipped to USA: How some of the pitches being used at the men's T20 World Cup have been grown in Australia and ...
bbc.com/sport/cricket/articles/cjmkwjn98ego
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/
Australians gather at Anzac Day services across the country to honour servicemen and servicewomen
abc.net.au/news/2024-04-25/australians-gather-for-anzac-day-services-around-the-country/103763630
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
Turning a fibro shack into a tsunami-proof home: Acclaimed architect Peter Stutchbury has designed a home for the generations on Sydney’s northern beaches.
smh.com.au/national/turning-a-fibro-shack-into-a-tsunami-proof-home-20240411-p5fiyp.html
The popular NSW tree-change towns where property prices jumped: Once-affordable areas not too far from Sydney are highly sought as families make a move for ...
smh.com.au/property/news/the-popular-nsw-tree-change-towns-where-property-prices-jumped-20240425-p5fmg8.html
We must target the root cause of misinformation. We cannot fact check our way out of this
theguardian.com/commentisfree/2024/apr/26/australia-government-misinformation-bill-social-media-x
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
Victorian tree-change towns where property prices are getting cheaper: There are more opportunities for buyers now than a few years ago in an end to the boom ...
theage.com.au/property/news/victorian-tree-change-towns-where-property-prices-are-getting-cheaper-20240425-p5fmh3.html
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/
Bruce Lehrmann agrees to pay thousands to Peter FitzSimons: The author and columnist, who is married to high-profile presenter Lisa Wilkinson ...
smh.com.au/national/nsw/bruce-lehrmann-agrees-to-pay-thousands-to-peter-fitzsimons-20240426-p5fmuo.html
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/
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/
Heartbreak High is a global hit. So why aren’t there more Aussie shows like it?: Despite the series’ global runaway success, the future of rich Australian ...
theage.com.au/business/companies/heartbreak-high-is-a-global-hit-so-why-aren-t-there-more-aussie-shows-like-it-20240424-p5fma1.html
How young people could have been $4700 better off over last six months: Just over two weeks before the federal budget, the Economic Inclusion Advisory Committee ...
smh.com.au/politics/federal/how-young-people-could-have-been-4700-better-off-over-last-six-months-20240425-p5fmg7.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
Nicole Kidman’s teen daughter is her mini-me: Nicole Kidman’s teenage daughter Faith has stepped out in Sydney, where she cut a striking resemblance to her ...
news.com.au/entertainment/celebrity-life/celebrity-kids/nicole-kidmans-teen-daughter-is-her-minime-as-shes-spotted-with-dad-keith-urban/news-story/1d682f513e5f921fc52899104b5d0b65
Roy lost his roosters over a noise complaint, he's hoping the premier can intervene as he did with Molly the magpie
abc.net.au/news/2024-04-26/roy-cristuta-loses-pet-roosters-over-noise-complaints/103761904
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
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/
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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Survey finds that 60 firms are responsible for half of world’s plastic pollution: Study confirms Philip Morris International, Danone, Nestlé, PepsiCo and ...
theguardian.com/environment/2024/apr/24/survey-finds-that-60-firms-are-responsible-for-half-of-worlds-plastic-pollution
🔊 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
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