President Donald Trump plans to announce a decision ordering China’s ByteDance Ltd. to divest its ownership of the popular U.S.-based music-video app TikTok, according to people familiar with … ( read original story …)
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Recent Posts
Trump Expected to Order China’s ByteDance to Sell TikTok in U.S.
As the U.S. and China Wage a New Cold War, They Should Learn From the Last One
Washington and Beijing need to reach a detente, establishing buffers and guardrails to avoid outright conflict … ( read original story …)
Trump to Sign Order Demanding China’s ByteDance to Divest TikTok
President Trump will require Beijing-based ByteDance to sell its ownership in TikTok, the popular video sharing app that U.S. officials have deemed a national security risk, according to a person … ( read original story…
Bank’s ties to Beijing restricting ability to restore its fortunes
The bank did not comment, but some shareholders have highlighted the matter as a potential problem. It is just another example of the difficulties facing … ( read original story …)
U.S. Adds Sanctions Over Human Rights Abuses in China
The Treasury Department imposed sanctions on a powerful government entity that runs companies and farms in the Xinjiang region, where officials carry out the mass internment of Muslims. ( read original story …)
U.S. set to unveil crackdown on China’s ByteDance over TikTok: sources
The United States is preparing to take action against China’s ByteDance over concerns that its ownership of TikTok jeopardizes the security of the personal data that the popular short video app … ( read original…
Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s Considerations
You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s … ( read original story…
Live updates – Fauci says China is not a ‘threat’ to COVID-19 vaccine development
Fauci said Europe and Asia had managed to shut down 95% of their populations, whereas about 50% of the United States was shut down. ( read original story …)
Beijing watchdogs to punish Luckin Coffee, related firms after confirming US$300 million accounting fraud
Announcement from two regulators places the beleaguered Luckin Coffee in the spotlight again after the US$300 million scandal led to its delisting from Nasdaq. ( read original story …)
Sands China: A Long Road To Recovery
Sands China was loss-making in 2Q 2020, which was not unexpected considering the negative impact of COVID-19 and travel restrictions on the Macau gaming industry. ( read original story …)
Apple sees China earnings growth after pandemic
Apple has revealed $9.329 billion sales in the greater China region, making a small increase over the same period last year. During its legally-mandated third quarter 2020 financial call … ( read original story …)
Nokia Stock Surges Despite Covid-19 and ‘Prudent Approach’ in China Hitting Sales. Here’s Why.
Nokia stock surged 15% on Friday, as the telecommunications maker raised full-year guidance after reporting an unexpected rise in profit. ( read original story …)
China’s electric SUV maker Li Auto raises $1.1 billion in US IPO
Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1 … ( read original story…
