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...TikTok hit a record $16bn in sales in the US in 2023, the FT reported last month....
...The US Senate is weighing a bill that would force the sale of the app over national security concerns, or have it banned....
...A national champion created in 2010 through a government-orchestrated merger of the chip units of Hitachi, Mitsubishi Electric and NEC, Renesas uses Altium’s software design tools for its own development...
...The brokerage, a unit of Warren Buffett’s Berkshire Hathaway, was the last remaining defendant in cases that the National Association of Realtors trade group agreed to settle for $418mn in March....
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
...Chew has proposed multiple alternative measures to a sale for allaying US national security concerns, including the Project Texas plan and a potential American stock market listing of TikTok....
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
...The iPhone maker said on Friday that the Cyberspace Administration of China had ordered the applications’ removal from the Apple App Store in the country because of “national security concerns”....
...During normal times, critics would see this strategy as too diversified to be competitive. But during the current period of unprecedented change for automakers, a new approach is in order....
...Ballast for the theory comes from a National Bureau of Economic Research paper....
...Before leaving office in 2020, President Donald Trump tried to ban the app in an executive order that also sought to force the sale of TikTok....
...The SEC should require brokers to provide additional warnings and disclosures about certain non-traditional ETFs and ETPs at the point of sale, the SEC Investor Advisory Committee recommended last June....
...BFM is the most-watched news channel in France, and along with RMC radio, it remains influential in shaping the national conversation with government ministers, politicians and chief executives frequently...
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...Is Senate influence for sale? Some argue that this bill runs counter to the value of free speech. First, contrary to how it is being characterised by TikTok, this bill itself is not a ban....
...It would impose privacy regulations on the sale to third-parties of any data collected by any social media app, regardless of who owns it....
...Simon Klein, global head of Xtrackers sales at DWS, said the new ETFs made it easier for income-focused investors to gain exposure to a diversified fixed-income portfolio that has many characteristics of...
...A shift away from Apple, in particular, has been sharp, spurred on by a top-down campaign to reduce iPhone usage among state employees and the triumphant return of Chinese national champion Huawei, which...
...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....
...officials have said give the country a say on any sale or divestiture....
...US security officials have said the app poses a risk to national security....
...In 2023, Turkish Airlines’ revenue rose almost 14 per cent to $21bn, placing it within the ranks of top-10 global air carriers by sales, according to FactSet data....
...China has powers to block the export of ByteDance’s algorithms that power TikTok and Beijing’s commerce ministry said last year it would “firmly oppose” a forced sale by ByteDance....
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
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