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TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...Most of the group’s business comes from China, where ByteDance runs TikTok sister app Douyin and a growing in-app ecommerce business....
March 15, 2024
Technology sector
China blocks use of Intel and AMD chips in government computers
...Among the 18 approved processors were chips from Huawei and state-backed group Phytium. Both are on Washington’s export blacklist....
March 24, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
Vanguard Group Inc
Vanguard funds invest in China military groups, report says
...groups that drive Beijing’s production of advanced fighters and bombers....
October 12, 2023
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...But his political outlays were not enough to slow the TikTok bill, which sits at the centre of the battle between Washington and Beijing....
April 24, 2024
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
April 22, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...While the group has invested $3.5bn in more than 350 Chinese start-ups, it somehow hasn’t come under fire in Washington yet, even while rivals like Sequoia Capital and GGV Capital have faced scrutiny....
April 24, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
TikTok Inc
Biden campaign will continue to use TikTok despite divest-or-ban law
...Biden on Wednesday signed a $95bn aid package for Ukraine, Israel and Taiwan that included a measure to tackle what US national security officials view as the threat of Chinese group ByteDance, which owns...
April 24, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...Chinese influence through a partnership with American cloud software group Oracle....
April 24, 2024
Apple Inc
Apple accused by Congo over conflict minerals in iPhones
...Various armed groups control strategic supply chains into Rwanda and Uganda, analysts and Congolese officials say....
April 25, 2024
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...Join us on Saturday May 4 in Washington, DC and online to see the FT US Weekend Festival....
March 15, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...Join Nancy Pelosi, Jake Sullivan, Anne Applebaum, Bradley Whitford, Gucci Westman and many more on May 4 in Washington, DC for our third annual FT Weekend Festival: US edition....
April 19, 2024
Disrupted Times
Brussels blasts Big Tech
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
March 25, 2024
Cryptocurrencies
SEC seeks $2bn from Ripple Labs over sales of crypto tokens
...The US Securities and Exchange Commission is seeking $2bn in penalties from Ripple Labs after a US federal court found the cryptocurrency group had violated securities laws by improperly selling some tokens...
March 26, 2024
TikTok Inc
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
...ByteDance was valued at $260bn last year and TikTok accounts for most of the parent group’s business, giving it a huge price tag in any potential acquisition....
March 14, 2024
The Big Read
The battle over TikTok
...Steven Mnuchin, an investor who served as Trump’s Treasury secretary, also said on Thursday that he was pulling together a group to buy TikTok....
March 15, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
TikTok Inc
US lawmakers tune out TikTok lobbying to advance bill to ban app
...Chinese group ByteDance....
March 8, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...Huawei has been at the heart of US-China tensions for several years amid Washington’s belief that the company poses national security risks stemming from alleged state and military links....
March 26, 2024
#techAsia
TikTok’s fate and Taiwan tech suppliers’ shift Premium content
...The group’s bumper profits last year compare with $700mn of net income for 2022 and $1.1bn in 2021....
April 4, 2024
TikTok Inc
Biden says he supports bill to ban TikTok from US app stores
...Meta suspended Trump’s Facebook and Instagram accounts following his support for the insurrection on Capitol Hill on January 6 2021 but the social media group reinstated him last year....
March 8, 2024
Climate change
John Kerry blasts US investors for scaling back on climate action
...“The climate crisis continues to pose an ever-increasing financial risk to long-term shareholder value and the broader economy, and we cannot afford to take a step back now,” the group added....
February 28, 2024
#techAsia
China’s edge in flying cars and an Asian tag-team in AI Premium content
...But with TikTok at the centre of a geopolitical showdown between Washington and Beijing, his outlays ultimately came up short....
April 25, 2024
TikTok Inc
ByteDance’s US investors weigh options as bill to ban TikTok advances
...Beijing has repeatedly made clear it would not allow Washington to force a sale of TikTok and in August 2020 unveiled new export controls governing algorithms such as the one that powers TikTok, which Chinese...
March 15, 2024
TikTok Inc
US bill would ban TikTok from app stores unless ByteDance divests it
...The bill would also create a process that would enable the president to take action against social media applications controlled by groups that are headquartered or domiciled in China, Russia, Iran and North...
March 6, 2024
Gillian Tett
What TikTok tells us about the paradox of markets right now
...Fundraising rounds suggested ByteDance had a putative valuation of as much as $300bn, and groups such as Fidelity have reportedly been valuing it between $260bn and $320bn....
March 14, 2024

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